empty
07.04.2025 03:01 PM
Oil and gas: trade wars and domino effect

This image is no longer relevant

The oil and gas market has found itself at the epicenter of a new trade war, where economic interests and political ambitions are colliding head-on. Technical levels are breaking down under the weight of headlines, and the response from China and Europe could set the tone for weeks to come.

Without clear signals of de-escalation, price pressure is likely to persist. The market needs more than just numbers. It needs a new direction in political decision-making, which remains in short supply.

Brent crude prices are in sharp decline, falling more than 3.5% in a single session and showing the steepest drop since March 2023. Last week alone, prices tumbled 9.2%, reaching their lowest levels since April 2021.

The sell-off stems from the lack of progress in lifting US restrictions and an escalating geoeconomic conflict between the world's largest economies.

As the United States continues on its protectionist course, China has responded with 34% tariffs on a range of American goods, a clear signal of a new phase of trade escalation.

This has sharply heightened investor fears of a global recession, where oil and gas are deeply embedded in both consumer spending and industrial supply chains.

Europe, for its part, has not remained idle. The European Commission is set to propose a retaliatory tariff package today, mainly targeting US consumer goods. However, markets are watching closely to see whether the measures will affect energy imports or create new bottlenecks in the supply of vital resources.

Meanwhile, countries in Southeast Asia could fill the gaps left by disrupted trade routes, creating new competitive pressures in the oil and gas market and adding to price volatility.

Japan, according to Bloomberg, is reportedly seeking to soften the blow by negotiating a bilateral agreement with President Trump, adding yet another layer of uncertainty to the global outlook.

The uncertainty is further compounded by key macro events ahead: the upcoming EIA report on US crude inventories, oil market forecasts, and inflation data out of the United States and China.

These figures could either accelerate the sell-off or offer temporary relief, depending on the outcomes.

Technical outlook: Brent is on edge

Brent crude has broken through a key support zone at $64.50–65.00 and is now heading toward the next critical level at $60.80. On the daily chart, the breakdown occurred on elevated volume, confirming the strength of the downward momentum.

This image is no longer relevant

If geopolitical tensions do not intensify, Brent may trade within a $60–65 per barrel range over the coming weeks. Below $60 lies a historically active buyer zone but without fundamental catalysts, any rebound is likely to be short-lived.

Natural gas: downward pressure persists

Natural gas futures (NYMEX) remain in negative territory. After briefly touching the $3.70 level, prices pulled back toward local highs. However, a key ascending support line has been breached, signaling weakening bullish momentum.

The next critical level is $3.40, aligned with the 200-day moving average. A breakdown below this point could open the path to $3.20, which may become a new equilibrium level in light of industrial uncertainty and softening global demand.

MobileTrader

MobileTrader: platform dagangan di hujung jari!

Muat turun dan mulakan sekarang!

Ringkasan
Segera
Analitic
A Zotova
Mulakan perdagangan
Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN

Artikel yang dicadangkan

USD/JPY: Petua Dagangan Ringkas kepada Pedagang Baharu pada 11 Julai – Ulasan dan Strategi Dagangan Forex

Ulasan dan Strategi Dagangan untuk Yen Jepun Ujian harga pada paras 146.32 berlaku apabila penunjuk MACD baru sahaja mula meningkat dari garisan sifar, mengesahkan isyarat kemasukan yang sah untuk membeli

Jakub Novak 09:06 2025-07-11 UTC+2

GBP/USD: Petua Dagangan Ringkas kepada Pedagang Baharu pada 11 Julai – Ulasan dan Strategi Dagangan Forex

Ulasan dan Strategi Dagangan GBP/USD Ujian harga pada paras 1.3598 berlaku ketika penunjuk MACD telah pun bergerak dengan ketara di bawah garis sifar, sekali gus mengehadkan potensi penurunan pasangan mata

Jakub Novak 09:02 2025-07-11 UTC+2

EUR/USD: Petua Dagangan Ringkas kepada Pedagang Baharu pada 11 Julai – Ulasan dan Strategi Dagangan Forex

Ulasan dan Strategi Dagangan EUR/USD Ujian harga pada paras 1.1725 berlaku tepat ketika penunjuk MACD mula bergerak menurun dari garisan sifar. Ini mengesahkan kesahihan kemasukan kedudukan jual bagi euro

Jakub Novak 08:56 2025-07-11 UTC+2

USD/JPY: Tip Dagangan Ringkas untuk Pedagang Baharu – 10 Julai (Sesi A.S.)

Ulasan Dagangan dan Tip untuk Berdagang Yen Jepun Ujian pada tahap 146.41 berlaku apabila penunjuk MACD telah bergerak jauh di atas garis sifar, yang menghadkan potensi kenaikan pasangan ini. Tidak

Jakub Novak 20:17 2025-07-10 UTC+2

GBP/USD: Tip Dagangan Ringkas untuk Pedagang Baharu – 10 Julai (Sesi AS)

Semakan Dagangan dan Tip Mengenai Perdagangan Pound British Ujian tahap 1.3612 berlaku apabila penunjuk MACD telah bergerak jauh di atas garis sifar, yang menghadkan potensi kenaikan pasangan tersebut. Tidak lama

Jakub Novak 20:07 2025-07-10 UTC+2

EUR/USD: Tip Dagangan Ringkas untuk Pedagang Baharu– 10 Julai (Sesi A.S.)

Ulasan Dagangan dan Nasihat Dagangan Euro Ujian pada tahap 1.1729 berlaku apabila penunjuk MACD telah bergerak jauh di bawah garisan sifar, yang mengehadkan potensi penurunan pasangan ini. Oleh sebab

Jakub Novak 20:01 2025-07-10 UTC+2

USD/JPY: Tip Dagangan Ringkas untuk Pedagang Baharu pada 10 Julai. Ulasan Perdagangan Forex

Analisis Dagangan dan Cadangan untuk Yen Jepun Ujian tahap 146.51 berlaku apabila penunjuk MACD baru sahaja mula bergerak turun dari garis sifar, mengesahkan titik masuk yang sah untuk menjual dollar

Jakub Novak 09:36 2025-07-10 UTC+2

GBP/USD: Tip Dagangan Ringkas untuk Pedagang Baharu pada 10 Julai. Ulasan Dagangan Forex

Analisis Dagangan dan Tips Dagangan untuk Pound British Ujian tahap harga 1.3610 bertepatan dengan apabila penunjuk MACD telah bergerak jauh di atas garis sifar, yang mengehadkan potensi kenaikan pasangan

Jakub Novak 09:18 2025-07-10 UTC+2

EUR/USD: Tip Ringkas untuk Pedagang Baharu pada 10 Julai. Ulasan Dagangan Forex

Analisis Dagangan dan Tip Perdagangan untuk Euro Ujian pada tahap harga 1.1698 bertepatan dengan ketika penunjuk MACD sudah bergerak jauh di bawah garis sifar, yang mengehadkan potensi penurunan pasangan mata

Jakub Novak 09:15 2025-07-10 UTC+2

USD/JPY: Petua Dagangan Ringkas kepada Pedagang Baharu – 9 Julai (Sesi Urusniaga Amerika Syarikat)

Analisis dan Petua untuk Dagangan Yen Jepun Ujian paras 146.93 berlaku serentak dengan pergerakan penunjuk MACD yang mula menurun dari garisan sifar, sekali gus mengesahkan titik kemasukan yang sah untuk

Jakub Novak 13:25 2025-07-09 UTC+2
Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.