Our next video is covering what’s next for oil price in 2022 or oil analysis for the rest of 2022. Oil price 2022 surged to well over $120 a barrel earlier in the year.
According to the crude oil 2022 analysis, spike in demand after the dark days of the COVID-19 pandemic coincided with supply disruptions derived from sanctions on major producer Russia over its invasion of Ukraine that affected the crude oil forecast 2022.
The oil technical analysis today shows there is still room for upside potential towards $100, however markets are worried about overwhelming recession in autumn which is suppressing oil for the rest of 2022.
Watch the full video for our take on Oil forecast 2022 and a deeper insight into what to expect in the months ahead from our oil chart analysis 2022. Drop us a line in the comments with your thoughts on crude oil prediction 2022.
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00:00 Intro
01:27 Crude oil spiked on Russian invasion!
04:28 Oil support and resistance
05:00 Oil technical analysis
07:27 Recap
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9 Comments
Hey David – /CL Crude – wow what a trade all yr long — Now Seasonality chart crude usually runs up into end of Sept then falls until first 2 wks of DEC then rallies into end of the yr — so you have a good long here & a good short then a good long to finish the yr — realtime charts say upside watch the 8sma at 89.99 a close above then you have 92.29 50sma wkly – 92.52 21sma then the 200sma at 94.94 — downside watch 89.05 – 88.53 – 87.22 – 87.01 – 85.88 – 85.73 the recent low — Tnx`s for the Vid have a great day David —
Gold next moment 🙏🙏🙏
❤Only for fans over 18 year⤵️ Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine empru.ONLINE Brünette und eine andere Blondine. Es wäre unfair, wennv ich 4 wählen würde
im trading oil between 2 down trending channels and dont really care for "fundementals" the hurricaine season we just approached often provides great long and short opportunities , yes "forecasts" are wildly different and i dont take a bit of notice to pump and dump tactics designed to empty your pockets from the big banks, the charts are the only truth
shorted oil on hourly chart this afternoon, chart is the bible
Reasons for new highs…spr, gas substitution, iran, russian santions etc etc
With due respect for the analytical skills & time consuming research, it is important to understand the difference between "Speculation – Devil's insinuations by creating Dichotomy" & "Certainty- Divine way of eliminating Dichotomy" – re : Quran last Chapter / Sura on "Wasswasa" whispering (of Dichotomy)
Purpose of Education is to Juxtapose and Synthesize, as many subjects or disciplines as possible in one life time and then to come up with one's own and unique Thesis, by way of sharing for the benefit of all others in pursuit of Knowledge & Wisdom
PS : Creating Dichotomy is simple, just keep on adding variables regardless of and any respect for all other constants
Why don't you discuss the upside risk? (Hurricane season, SPR ending in October, Russian Sanctions in December, Europe switching from gas to oil and China coming back on line).
Citi is a fail bank with stupid oil analyst as Morse dude. Long term oil price is UP based on fundamentals not your stupid chart Dave. Smarten up.