E-mini Crude Oil Futures (Apr 2020)E-mini Crude Oil Futures (Apr 2020)E-mini Crude Oil Futures (Apr 2020)

E-mini Crude Oil Futures (Apr 2020)

No trades
See on Supercharts

E-mini Crude Oil Futures (Apr 2020) forum




CRUDEOIL1! Oil prices fell for the 5th straight session (Brent $66.15, WTI $61.92), down ~4% in total. The drop is driven by oversupply concerns after Iraq and the Kurdish Regional Government agreed to restart ~230,000 bpd exports via Turkey.

Weak demand outlook (EV growth, economic slowdown, year-end uncertainty) adds further pressure. The IEA expects global supply to keep rising, creating surplus into 2026.

Still, risks remain from possible EU sanctions on Russian oil and geopolitical tensions in the Middle East, which could support prices.




CRUDEOIL1! 5552-5620 market the range trade for fir breakout or breakdown