Crude Oil –04.06.2026

Crude Oil –04.06.2026

Crude Oil managed to pass above the resistance of 94.30 which could be the start of more advance toward 102.20.
As we see over the chart, the market is facing the first support around 91.90 which if managed to hold above it, the advance could sustain.
Below 91.90 more of a drop is expected with supports at 89.00 and 85.60, where each support has the chance to push for a rebound.

 

SUPPORT RESISTANCE
LEVEL1 91.90 95.60
LEVEL2 89.00 99.00
LEVEL3 85.60 102.20

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