Crude Oil 07.07.2025

Understand the impact of market movements on Crude Oil 07.07.2025. Key resistance levels can indicate future trends.

Crude Oil managed to hit a  fast correction and as result of easing tensions in the Middle East.

As we see over the chart, and as long as the market holds above 63.70, a chance for a rebound toward 68.00 is likely.

The market managed to hit the first resistance of 67.00 last week.

Below 63.70 more of a drop could hit the market toward 59.55.

SUPPORT RESISTANCE
LEVEL1 63.70 67.00
LEVEL2 61.90 68.00
LEVEL3 59.55 72.10

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