Crude Oil -23.09.2026

Crude Oil -23.09.2026

Oil turned lower as Saudi Arabia sought to resume flows on a vital pipeline and there were growing signs of diplomatic efforts to reopen the Strait of Hormuz.

Market managed to test support trend 89.80 while as long as market holding trades above 87.35 a rebound correction toward 93.70 is likely

Below 87.35 more drops toward 84.00 may hit the market

 

SUPPORT RESISTANCE
LEVEL1 87.35 93.70
LEVEL2 84.00 95.90
LEVEL3 79.40 101.35

 

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