
I asked how low crude oil can prices fall in a November 6, 2025, Barchart article, where I concluded with the following:
NYMEX crude oil’s price remains above the $55 support level in early November 2025. However, a break below support could trigger a sudden surge of technical sellers, overwhelming buyers, and causing a spike to $50 or lower. Considering the price action in 2020, $40 is not an unreasonable downside target.
Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.