Mon, 09 Mar 2026 08:04:17 GMT
Oil Technical Analysis
Oil price surged strongly from around $90 to about $118 before pulling back sharply as traders took profits. After a long rejection at the top and a strong bearish candle, the price is now near $102.50 and trying to hold support around the $100–$102 area. The main resistance levels are $106 and $115–$118, while $100 is key psychological support. Although