Crude Oil Price Analysis – Oil Drops to Kick Off Tuesday
FX Empire·2026-05-05 22:10

The light sweet crude oil market has gapped lower to kick the day off on Tuesday on the wrong foot and it looks very much like a market that I think is trying to figure out whether or not we can actually drop all the way back to the 100 level. I think that’s a very real possibility here, but keep in mind we also have to pay close attention to the idea of whether or not the latest headlines coming out of the Middle East will rattle things, because let’s be honest, they very well could. ...

Crude Oil Price Analysis – Oil Drops to Kick Off Tuesday - Reportify