Crude Oil –16.10.2026

Crude Oil –16.10.2026

Crude Oil managed to meet targets 93.00 and 96.35

As we see over the chart, market facing resistance around 96.35 which may push for some drop correction toward 88.00-89.00 zone

Above 97.00 more advance toward 98.50 and 101.35 is likely

 

SUPPORT RESISTANCE
LEVEL1 91.00 97.00
LEVEL2 88.00-89.00 98.50
LEVEL3 86.00 101.35

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