Crude oil price is increasing 2.5%

Fast Moving Market - 09/01/2026

09 January, 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 increasing 2.5%, reaching a one month high, after another sanctioned crude oil tanker was captured by the US army

Possible Scenarios:

If Crude oil fails to breach through R2 of 59.044, our Research Department expects the Crude oil to undergo a short- term downward correction.

If Crude oil manages to break above its R2 of 59.044, our Research Department expects the Crude oil to extend its gains to its R3 of 59.654.

Support and Resistance Levels:

Crude oil	S3	S2	S1	Reference Price	R1	R2	R3
Crude oil	55.586	56.196	56.806	57.620	58.434	59.044	59.654

Potential Profit or Potential Loss Calculations:

10 cents per 1 trading lot*	USD	EUR**	GBP***
10 cents per 1 trading lot*	(+/-) $100	(+/-) €85.86	(+/-) £74.47

*1 trading lot is equivalent of 1000 units
**EUR/USD = 1.16464
***GBP/USD = 1.34277
Calculations for exchange rate used as of Friday, January 9, 2025, 14:30 GMT

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