Major UAE Refinery Returns to Full Capacity After War
📊 BRENT — Piyasa Yorumu
■ neutral · 55%The return of the UAE refinery to full capacity is a positive development on the supply side and could exert pressure on prices. However, technical indicators are sending mixed signals: RSI is weak at 44 but not oversold, MACD is below the signal line, and the price is below both the SMA20 and SMA50. In the short term, a sideways movement can be expected, but the impact of the supply increase news may be limited as the market continues to price in geopolitical risks. Therefore, no clear directional signal is emerging.
📊 WTI — Piyasa Yorumu
■ neutral · 55%The return of the UAE refinery to full capacity could alleviate supply concerns and put pressure on prices. However, WTI has risen 3% in the last 24 hours, and technical indicators are sending mixed signals. RSI is in neutral territory at 55, MACD is just below the signal line, and the price is above both the SMA20 and SMA50. This points to short-term directional uncertainty, so I foresee a neutral outlook.