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Crude oil price forecast today the latest crude oil price forecast

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The latest crude oil price forecast today projects moderate upward drift in Brent as shipping bottlenecks reduce supply chain efficiency, impacting short-term price action. Refiner margins are also on the rise. The major averages all finished the day in positive territory. The Nasdaq climbed 88.89 points or 0.4 percent to 22,844.05, the Dow rose 78.62 points or 0.2 percent to 46,519.72 and the S&P 500 inched up 4.15 points or 0.1 percent to 6,715.35. TotalEnergies to Sell Non-Operated Oil Assets Offshore Norway In today’s crude oil price forecast, technical patterns suggest a breakout scenario. Brent futures are testing the 50-day moving average at $82, while volume spikes confirm institutional buying, a common signal ahead of seasonal demand surges.