WTI Analysis 6-May-2025
Oil started the new week with a decline. There may be short-term reaction increases, but as long as the 65.30 resistance is not passed, the direction will be down. Increases may continue to provide selling opportunities. Below, we are watching 55 as critical support.
Resistance | 60.50 | 62.00 | 65.30 |
Support | 55.00 | 53.00 | 50.00 |