Oil Price Forecast: Can Supply Disruptions and Geopolitics Keep Prices Elevated?

Crude oil is staying range-bound as supply disruptions, geopolitical tensions, and mixed macro signals keep a risk premium in prices. Ongoing US-Iran negotiations are adding volatility, but the market lacks a clear directional catalyst. The setup is supportive for near-term price swings rather than a decisive breakout.

Analysis

Crude oil is staying range-bound as supply disruptions, geopolitical tensions, and mixed macro signals keep a risk premium in prices. Ongoing US-Iran negotiations are adding volatility, but the market lacks a clear directional catalyst. The setup is supportive for near-term price swings rather than a decisive breakout.