Analyst: Crude oil futures closed at $82.23, with significant intraday fluctuations
2026-08-27 02:57:20
According to CoinMeta, crude oil futures closed at $82.23, down $0.13 for the day, representing a decrease of 0.16%. During trading, prices fluctuated significantly, reaching as high as $83.31 before falling to $79.62 and then rebounding to the settlement price. Technically, the current 200-hour moving average is at $84.05, and the 100-hour moving average is at $84.38, forming a clear resistance zone. If this zone is broken through, it would signal a bullish trend for the market. The support level below is near the upward trend line at $79.32; if this support level is breached, sellers will gain more control. The situation in the Middle East remains the main source of market volatility. Iran and Oman have reached an agreement to resume commercial traffic through the Strait of Hormuz, raising hopes for the normalization of regional oil flows. Nevertheless, a comprehensive peace agreement between the United States and Iran has not yet been reached, and important issues such as sanctions and shipping security still need to be resolved, leaving the market facing uncertainty.
Bullish 0
Bearish 0
Source:Internet
This content is for market information only and does not constitute investment advice.