Recently, the Middle East has been quite unstable, with frequent escalations in geopolitical tensions, and the market has found a new excuse to speculate on crude oil. As an important member of OPEC, if exports are hindered, there will definitely be noticeable changes in the supply chain, which will support oil prices.



Looking at the recent market trends, crude oil has risen for five consecutive trading days. The rebound has been somewhat beyond expectations, but don’t be fooled by the surface—fundamental supply and demand patterns have not changed. As always, oversupply remains the main theme. Oil prices have now broken above the $61.5 mark. Moving forward, we need to keep a close eye on this level, watching supply and demand dynamics and how the geopolitical situation unfolds. These are key variables affecting the future market, so let’s take it step by step.
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RugPullSurvivorvip
· 7h ago
Geopolitical tensions are driving oil prices, and I’ve mastered this trick so well. Just because prices have risen for five days, you want to blindly follow the trend? I don’t buy into that. Who can change the fundamental oversupply?
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LightningClickervip
· 7h ago
The Middle East is causing trouble again. How long can oil prices stay high this time? Anyway, I didn't quite understand this round of market movement. It feels like geopolitical factors are being hyped up, and there hasn't been much change in supply.
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GasFeeSobbervip
· 8h ago
Geopolitical tensions are driving oil prices, but this tactic is also old news; after all, oversupply has been a fact for a while. Can we hold the $61.5 level? I think it's uncertain; short-term rebounds are mostly deceptive. Whenever something happens in the Middle East, the market gets excited. Do they really think all retail investors haven't seen candlestick charts? Every time they mention key variables, but in the end, it still crashes down. Just wait and short. Honestly, the real profit opportunity is waiting for a sharp decline after geopolitical risks are released.
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HodlOrRegretvip
· 8h ago
Geopolitical tensions driving oil prices—this old trick is nothing new, especially since supply still exceeds demand. $61.5 feels like a false rebound; those waiting to be trapped will suffer another wave. Every time there's trouble in the Middle East, oil prices rise, but the fundamentals haven't changed. It just feels like playing tricks. Can we stop just listening to stories and look at the actual supply and demand data? That's the real hard currency. This recent rebound in oil prices is a bit outrageous; it feels like a correction is coming. Better to stay on the sidelines.
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DAOdreamervip
· 8h ago
Geopolitical tensions cause oil prices to rise with a little hype; anyway, the retail investors just love this routine.
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