US Grants Comprehensive Waivers on Iran Oil Sanctions
📊 BRENT — Piyasa Yorumu
▼ down · 65%The news that the US is granting exemptions on Iranian oil sanctions strengthens expectations of increased supply. Technical indicators also point to weakness: the RSI is in sell territory at 43, the MACD is below its signal line, and the price is below both the 20- and 50-day moving averages. The 2.3% decline in the last 24 hours confirms downward momentum. In the short term, a break below the $77 support level could accelerate the decline.
📊 WTI — Piyasa Yorumu
▼ down · 70%The news indicates that the US has provided comprehensive exemptions on Iran oil sanctions. This creates expectations of additional supply entering the market, potentially exerting downward pressure on oil prices. Technical indicators support this view: RSI is in weak territory at 43, MACD is below the signal line, and the price is trading below both the 20-day and 50-day moving averages. The 2.4% decline over the past 24 hours suggests continued selling pressure. The bearish trend is expected to persist in the short term.
📊 XOM — Piyasa Yorumu
▼ down · 65%The news could create an oversupply by allowing more Iranian oil to enter the market, putting downward pressure on oil prices. XOM shares have already fallen 1.85% in the last 24 hours, with an RSI of 41.5 in weak territory. The MACD line is below the signal line and in negative territory, indicating bearish short-term momentum. The stock is trading just below its 20-day moving average (138.70) and well below its 50-day average (142.42), further weakening the technical outlook. The downtrend is expected to continue in the near term.
📊 CVX — Piyasa Yorumu
▼ down · 65%The news signals a potential easing of sanctions on Iranian oil, which could increase global oil supply and put downward pressure on prices. CVX stock has already fallen 2.6% in the last 24 hours, with its RSI approaching the oversold zone at 39. The MACD line is below the signal line and in negative territory, indicating weak short-term momentum. The price is trading below the 20-day moving average and shows a significant negative divergence from the 50-day average. This technical weakness, combined with the expectation of increased supply from the news, raises the potential for further declines in the stock in the near term.