Crude oil price is rising 1.9%

Fast Moving Market - 03/03/2026

03 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 rising 1.9% as escalating geopolitical risks in the Middle East and multiple supply disruptions continue to impact energy markets.

Possible Scenarios:

If Crude oil fails to breach through R1 of 78.259, our Research Department expects Crude oil to undergo a short- term downward correction.

If Crude oil manages to break above its R1 of 78.259, our Research Department expects Crude oil to extend its gains to its R2 of 79.054.

Support and Resistance Levels:

Crude oil	S3	S2	S1	Reference Price	R1	R2	R3
Crude oil	74.552	75.346	76.141	77.200	78.259	79.054	79.848

Potential Profit or Potential Loss Calculations:

10 cents per 1 trading lot*	USD	EUR**	GBP***
10 cents per 1 trading lot*	(+/-) $100	(+/-) €84.5	(+/-) £75.15

*1 trading lot is equivalent of 1000 units
**EUR/USD = 1.18345
***GBP/USD = 1.33066
Calculations for exchange rate used as of Tuesday, March 3, 2026, 14:10 GMT

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