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March 10, 2026
Risk Disclaimer: The example below is for illustrative purposes only and is based on price movements derived from Contracts for Difference (CFDs). The calculations reflect hypothetical outcomes using historical or specified price data for the relevant instrument on the stated date and are not indicative of future performance. Any reliance placed on this material is strictly at the user’s own risk.
GEOPOLITICS: MIDDLE EAST WAR
OPEC: THE CURRENT OIL PRODUCTION CUTS ARE EQUAL TO AROUND 24.5% OF TOTAL OPEC OIL PRODUCTION BEFORE THE WAR.
OPEC+: THE CURRENT OIL PRODUCTION CUTS ARE EQUAL TO AROUND 17% OF TOTAL OPEC+ OIL PRODUCTION BEFORE THE WAR.
Source: Bloomberg
MIDDLE EAST WAR: NEWS
Source: Reuters, CNBC
PRICE ACTION: ANALYSTS’ OPINION
Source: Reuters, CNBC, Bloomberg, OILPRICE.COM
TECHNICAL ANALYSIS

GRAPH (Weekly): November 2020 – March 2026
Please note that past performance does not guarantee future results
Crude Oil, March 10, 2026
Current Price: 87
|
Crude Oil |
Weekly |
|
Trend direction |
|
|
120 |
|
|
110 |
|
|
100 |
|
|
77 |
|
|
76 |
|
|
75 |
Example of calculation based on weekly trend direction for 1.00 Lot1
|
Crude Oil |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
33,000 |
23,000 |
13,000 |
-10,000 |
-11,000 |
-12,000 |
|
Profit or loss in €² |
28,321 |
19,739 |
11,157 |
-8,582 |
-9,440 |
-10,299 |
|
Profit or loss in £² |
24,519 |
17,089 |
9,659 |
-7,430 |
-8,173 |
-8,916 |
|
Profit or loss in C$² |
44,797 |
31,222 |
17,647 |
-13,575 |
-14,932 |
-16,290 |
There is a possibility to use Stop-Loss and Take-Profit.