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Oil price continue to uptrend and formed high 78.62, oil prices trades on low trading range in the H1.
Today news Turkish import Russian oil hit four month high in February amid embargo Europe to Russian oil.

Oil price still traded near previous trading range, the prices move near 76-78 lvel prices.
Analyst Goldman Sachs says oil price could spike in the 12-18 month ahead with target price reach $100.

According news OPEC’s oil production rose by 150,000 bpd in February.
Oil price Tuesday market formed high 77.84 then retrace to 76.80 looking new low.

Mexico's giant company reported staggering losses in Q4, three refinery fires in two week two death and more injured, in the report the company $9.4 billion in losses.
'Oil price now traded on 75.72 based on XTIUSD chart FXOpen in Tradingview. Oil price fall from high 76.82 fail to crosses MA line.

Oil price move near upper band line zone, in the last week the prices formed low 74.16 and rebound to high 76.64.
There are news EU sanctions on Russia create opportunity for emerging producers. Brazil and Guyana have become notable suppliers to Europe. Other producers in Africa and Latin America could enter new markets in 2023.

Oil price rising back near middle band line. The Bands seems narrowed measure low volatility.

Bad news citing to Oilprice, Rising Energy Prices Are Pushing Millions More People Into Poverty. Recent study found that between 78 million and 141 million people around the world could be pushed into extreme poverty by rising energy prices.
Estimates suggest high energy prices have led to an increase in overall household expenditure of between 2.7% and 4.8%.

Oil price eventually continue to decline on yesterday market, now oil price near lower band, where traders focused on the level.
News, Russia sending more Artic crude to India and China, although the west drop oil price cap, Russia still struggle to fight.

Aramco slipped to the third largest company in the world below Appe and Microsoft.
Oil prices fell to low 75.91 yesterday, the prices move on trading range below middle band

Indicator is only help trading tool, no perfect indicator predict the price ahead.
Oil price now showing ascending moving average, which means uptrend based H1 timeframe.

There are common thing in the world, although the same profession, however the result could be different.
Oil price drop on last week after break MA line, the price retrace to level 76.46 from low 75.32.

hegelian:
looked liked you trade oil only.. well i trade 3 pairs only and oil takes 66% of that.. can we become chat and trade buddies..lets share ideas
if i can have ur mail or digit

Nope, not only trade on oil, included gold, however I always follow the oil prices and the news so often.

Oil price sideways, MA line flat, bands line flat in the daily timeframe.
Now oil price move near lower band in hourly tries to breakout.

oil price traded in the trading range.
Moving average flattening as the price move in narrow room. Indecision market.

OPEC has raised its world oil demand growth forecast for 2023 by 100,000 bpd, to 2.3 million bpd

Oil price fell to low 77.65 continued previous candle.

Oil price drop to low 78.61 from high 80.72 on yesterday market.
Analyst said oil price drop because market fear inflation renewed back in US.

XTIUSD fail to reach support zone and reverse after hit low 76.
Oil price now is 79.41 waiting for new update.

Analyst says Oil prices fell slightly on Thursday as traders returned focus to rising U.S. and EU crude inventories.
Oil price at time of writing is 77.75 based on XTIUSD chart FXOpen in the Tradingview. Its consolidated near middle band line.

Oil price climb to 78.63, it is near middle band line,
It is possible to looking new high.

The price movement is very dynamic, trader can't control it, however trader has control the risk level in every single trade.
Oil price rise to 74.60 after fall at low 72.50 based XTIUSD FXOpen, oil price near lower band, is it possible looks target middle band?

The market still gives opportunities to catch the profit, however not always trader able to catch it.

Oil price drop to low 73.29. the price break lower band, in the sharp decline possibly to retrace

Lifes not always feel beautiful, however the God created beautifulness for human's tasted, so forget sadness and feeling beautiful thing around us. Oil price still dropped and formed new low 75.13 based XTIUSD chart FXOpen in the Tradingview. Oil price now moves near lower band.

OPEC+ still wait and see amid China oil demand and Russian oil production, they recommend to leave oil production quotas unchanged.
While Oil price drop to low 76.20 yesterday, looking new support.

In the life, sadness, happiness come and go, the light will changes the dark, not always the sun hiden behind in one edge of the earth.

Oil price eventually drop and crosses moving average line, rumor the Fed will stopped to hiking interest rate because inflation under control indeed make the price climb to 80 , however suddenly drop to lower level now.

FX market always dynamic and unpredicatble, risk management is important here.
Oil price on last week drop to low 79 level prices, however today gap occurs the price jump to 80 level prices.

UAE invite oil and gas companies to COP28 summit later in this year.
Oil price still traded in the trading range 82 and 79 level prices.

Oil price move like a snake, looking for prey going north or south, he gets confused at crossroads.
oil price traded on trading range 81 and 79 .

Oil price eventually drop again near 80 level prices.
The price now near lower band line, trading range oil still roughlly 82 and 80

Maybe we often hear the term history repeat itself. Current oil price 81.79
Is it possible to repeat history on price 82.50? maybe yes maybe no

82 still become resistance zone level of oil price.
80 still acts as support zone in near term. Bulgaria is the third largest buyer Rusian oil amids west sanction

Oil price eventually rise today and now already reached 81 level price
Is it possible to reached 82?

China oil demand reported rising, IEA report oil demand global also rise
but oil price still looking new low, expectation sometimes different to reality.

Oil prices fail to reached resistance 82 price level, but the price decline to previous low near 78.
In the polling held by Reuters, many responders expected the price $90 per barrels in the 2023-2027.