I concluded an April 16, 2026, Barchart article on the crude oil futures market with the following:
Expect volatility in crude oil prices over the coming days, weeks, and perhaps months, depending on developments in the Middle East. While historical trading patterns suggest an eventual implosive move, prices could rise before then. Moreover, the current environment supports wide price ranges with prices closely following the daily news cycle. Trading crude oil is optimal in the current environment.
