#BrentWTICrudeFallOver3% 🚹 OIL SLIDES AGAIN — IS THE DOWNTREND STARTING?
Brent has fallen to around $86–$87, while WTI is near $80–$81, with both benchmarks extending their recent losses. Renewed Iran–Oman talks have raised hopes that shipping through the Strait of Hormuz could improve, reducing the supply-risk premium in crude. ïżœ
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📉 What traders are watching:
‱ Brent: $86–$87 zone
‱ WTI: $80–$81 zone
‱ Continued Hormuz negotiations could keep pressure on prices
‱ Any setback in talks could quickly bring volatility back
💡 Trader advice: Don’t blindly short after a sharp drop. Watch whether support holds and wait for confirmation. A breakdown could extend the decline, while a strong rebound could signal buyers are returning.
⚠ NFA. DYOR.
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#Brent #WTI #CrudeOil #OilTrading