The crude oil futures chart reveals sustained bullish volume in Brent’s October contracts, often a leading indicator of hedge fund positioning ahead of winter demand surges. Supply chain constraints keep premium pricing plausible. On the date of publication, Andrew Hecht did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com When the 14 top exporting countries gather for OPEC meetings, the oil markets listen. Market strategists note the crude oil futures chart is forming an ascending triangle pattern. If breakout confirmation occurs above $80.20, technical models forecast a $3–$5 upside target within the month.
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