Selling pressure returned to the oil market at the beginning of a new week. OIL.WTI drops over 9% after testing $19 handle earlier in the day. Brent (OIL) started the day below $25 and continued to slide below $24 a barrel. Poor fundamentals, especially oversupply and storage shortage, remain primary causes behind the drop.
OIL.WTI attempts to clear out the support zone ranging around $19.50 after a failed attack on the downward trendline. Source: xStation5
Daily Summary: End of the week in the red, tech rally waning
🔝Silver Jumps 10% Weekly, up 120% YTD
Chart of the day - SILVER (12.12.2025)
Daily summary: SILVER at a new ATH, EURUSD at its highest since October