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Barchart
Barchart
Andrew Hecht

Why is Crude Oil Stuck in Neutral?

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. 

 

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