EMD093 - Technicals: Post-OPEC+ Charts

EMD093 - Technicals: Post-OPEC+ Charts

Welcome to Energy Markets Daily. Tuesday, January 6, 2026 — Technicals. Let's look at the charts after OPEC+ froze output. **CRUDE OIL** WTI near $57.32, testing support around $57.92. Key support at $55 remains critical. Resistance at $58.09, then major $62. 50-day MA above price confirms bearish bias. RSI mixed. **BRENT** Resistance cluster 59.49-59.07 holding. Support $57.95-57.67 tested. Trend down with lower highs/lows. **VOLUME** Post-holiday normalization but thin. OPEC+ freeze provides no bullish surprise. **NATURAL GAS** $3.47, down 1.52%. Testing 200-day support $3.56. Bears eye $3.47 then $3.26. Warm weather dominant short-term. RSI oversold territory emerging. **YEAR-END CARRYOVER** Positions reset but conviction intact. $55 WTI line in sand. Gas weather-driven but LNG structure holds. **THE BOTTOM LINE** Crude range-bound bearish. Gas oversold bounce potential but fundamentals weather-dependent. Trade the charts. Not headlines. **FINAL WORD** Energy project needing capital? We connect to institutional/family office networks. energymarkets@protonmail.com. Subject: Energy Capital. This is Energy Markets Daily. Wednesday: Geographic Feature.

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Geopolitical Tensions Rising

Geopolitical Tensions Rising

Wednesday, January 8, 2026. WEEK 2 MIDWEEK UPDATE. WTI crude oil settled at $57.76, up $1.77 or 3.2%. Sharp rebound after two consecutive days of declines. Two-week high. Brent up 3.4% to $61.99. KEY ...

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Geographic Spotlight: Ecuador

Geographic Spotlight: Ecuador

Friday, July 3, 2026. GEOGRAPHIC SPOTLIGHT: ECUADOR. CURRENT PRODUCTION LEVELS: Ecuador's crude oil production averaged ~461,000-466,000 bbl/d Jan-Feb 2026. Daily lifts reported ~452,817-458,207 bbl/d...

3 Heinä 2min

Geographic Spotlight: Belarus

Geographic Spotlight: Belarus

Thursday, July 2, 2026. GEOGRAPHIC SPOTLIGHT: BELARUS. PRODUCTION OVERVIEW: Belarus produced ~25,000 bbl/d early 2026 (well below historical avg 33,650 bbl/d since 1993). Production reached 30-year hi...

2 Heinä 2min

Strategic Positioning: Week 27 Midweek Update

Strategic Positioning: Week 27 Midweek Update

Wednesday, July 1, 2026. WEEK 27 MIDWEEK UPDATE. WTI crude oil trading ~$69.98-$70.42. EIA Weekly Petroleum Status Report released today (covering week ending Jun 26, 2026). CRUDE OIL INVENTORY UPDATE...

1 Heinä 3min

Technicals: Week 27

Technicals: Week 27

Tuesday, June 30, 2026. CRUDE OIL TECHNICALS: WTI trading near $70. Recent closes ~$70.04-$70.42. Intraday range $69-$71 area. KEY LEVELS: Psychological support zone $70 (key round-number level). Imme...

30 Kesä 2min

Doha Talks Resume

Doha Talks Resume

Monday, June 29, 2026. WEEK 27 OPENS. WTI crude oil opened at $70.50. Recent session range high $70.97, low $69.32. Prior close Jun 26 $69.23. Latest quotes ~$69.95-$70.21 (up slightly from Friday clo...

29 Kesä 2min

Weekly Recap: Week 26 Complete

Weekly Recap: Week 26 Complete

Friday, June 26, 2026. WEEK 26 COMPLETE. Twenty-six weeks running. The thesis delivers again. CRUDE OIL RECAP: Monday opened $74.82 (deal live, Hormuz open, geopolitical premium intact). Tuesday techn...

26 Kesä 2min

Crude Breaks $70

Crude Breaks $70

Thursday, June 25, 2026. CRUDE OIL UPDATE: WTI trading $69.20-$69.36 (down 1.4-1.7% from prior close ~$70.34). Daily range ~$69.01-$70.23. August 2026 contract ~$69.66. Recent performance down ~26% pa...

25 Kesä 2min

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