In late 2025, crude oil prices are hovering above critical support levels, with NYMEX prices at $57.65 and Brent at $61.70, but the trend remains bearish. Factors weighing on prices include decreased demand, increased production, and a reversal of energy policies. Geopolitical tensions and seasonal shifts could impact prices in the coming months.
While consolidation around the $60 pivot point continues, the short-term chart reflects a bearish bias for crude oil. Trading opportunities exist above and below the pivot point, with rallies above $60 being selling opportunities and dips below being buying opportunities. ETFs like USO, BNO, UCO, and SCO offer ways to trade crude oil prices with leverage, though time decay is a risk.
Crude oil prices are stagnant in late 2025, with consolidation likely to continue into early 2026 if current support levels hold. Geopolitical factors, global demand shifts, and seasonal patterns will continue to influence oil prices in the coming months.
Read more at Yahoo Finance: Why is Crude Oil Stuck in Neutral?
