Crude Oil Market Analysis - July 14, 2025

The crude oil market is currently experiencing significant upward pressure, driven by increasing demand expectations. Analysts predict that this trend will continue, with prices expected to rise over the coming months.

WTI Oil Analysis

The light sweet crude oil market has shown a notable rally, particularly in the early hours of Monday. The price has surpassed the 200-day Exponential Moving Average (EMA), which is seen as a bullish signal for long-term traders. Analysts suggest that the market could potentially reach the $78 level as it continues to gain momentum.

Short-term pullbacks are viewed as buying opportunities, especially with the 50-day EMA rising from the $66 level and approaching current prices. The consensus is that the $65 level serves as a strong support floor for the light sweet crude oil market.

Brent Oil Analysis

Brent crude oil is following a similar trajectory, currently testing the 200-day EMA. While it may lag behind WTI, expectations are that it will also trend upwards, with potential targets of $75 and possibly $80. Like WTI, short-term pullbacks in Brent are considered buying opportunities, with the 50-day EMA near the $68.50 level and rising.

The market's behavior mirrors previous patterns observed during geopolitical tensions, such as the Israeli-Iranian conflict, and is expected to continue its upward grind now that initial panic has subsided. Analysts remain bullish and advocate for buying on dips.

Conclusion

Overall, both WTI and Brent crude oil markets are positioned for potential growth, supported by technical indicators and market sentiment. Traders are encouraged to monitor price movements closely and consider strategic buying opportunities during pullbacks.