Crude Oil price is falling 4.3%

Fast Moving Market - 16/03/2026

16 March, 2026

The example below uses Contracts For Difference (CFDs). Calculations are only on the price of the specific instrument on the date below and calculations indicate a possible profit or loss. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

NEWS: Crude Oil price is falling 4.3%, pulling back from levels near $100 tested earlier this morning.

Possible Scenarios:

If Crude oil fails to breach through S1 of 89.105, our Analysis Department expects Crude oil to undergo a short- term upward correction.

If Crude oil manages to break below its S1 of 89.105, our Analysis Department expects Crude oil to extend its losses to its S2 of 83.068.

Support and Resistance Levels:

Crude oil	S3	S2	S1	Reference Price	R1	R2	R3
Crude oil	77.030	83.068	89.105	97.155	105.205	111.243	117.280

Potential Profit or Potential Loss Calculations:

10 cents per 1 trading lot*	USD	EUR**	GBP***
10 cents per 1 trading lot*	(+/-) $100	(+/-) €87.11	(+/-) £75.28

*1 trading lot is equivalent of 1000 units
**EUR/USD = 1.14798
***GBP/USD = 1.32836
Calculations for exchange rate used as of Monday, March 16, 2026, 12:44 GMT

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