Bessent: Dollar Invoicing on the Agenda in Iran Talks

The news that dollar billing has been raised in Iran talks could increase geopolitical risks and exert downward pressure on oil prices. BP shares fell 2.46% over the past 24 hours to $39.32, with the RSI at 36.8, approaching oversold territory. The MACD line is below the signal line and in negative territory, while the 20-day moving average at $39.39 provides resistance. Although technical indicators show a weak outlook in the short term, the low RSI level could trigger a potential rebound buying. Therefore, while the downside movement is likely to continue, a limited decline is expected.

The news indicates that the issue of dollar billing being brought up in Iran talks could create uncertainty in energy markets. CVX shares have fallen 1.13% in the last 24 hours, with an RSI of 46.6 in neutral territory. Although the MACD line is above the signal line, it remains in negative territory, signaling weak short-term momentum. The price is above the 20-day moving average but below the 50-day average, presenting a mixed technical outlook. As the impact of the news has yet to become clear, it is difficult to determine the short-term direction.

The news headline suggests that the inclusion of dollar billing in Iran negotiations could strengthen the dollar. However, the impact on O stock is indirect and uncertain. Technical indicators show a slight bullish bias with RSI in neutral territory (56.8) and MACD above its signal line, but the price being above the 20-day moving average and just below the 50-day moving average paints a mixed picture. In the short term, it is difficult to determine a clear direction, so a neutral stance is maintained.

The news headline indicates that the inclusion of dollar billing in Iran negotiations could create uncertainty for energy companies such as OXY. Technical indicators present mixed signals: RSI at 44.9 is in neutral territory, while MACD is below zero but approaching the signal line, suggesting weak momentum but no sharp decline expected. The price closed just above the 20-day moving average (51.88) but remains below the 50-day average (53.46). In the short term, a sideways trend is likely due to geopolitical developments and technical resistance levels.