CRUDE OIL Weekly Special Report based on 1 Lot Calculation:
GEOPOLITICS: RUSSIA – UKRAINE
- BREAKING (DECEMBER 2): US SPECIAL ENVOY STEVE WITKOFF - PRESIDENT PUTIN MEETING RESULT IN NO AGREEMENT. According to Reuters, Russia and the U.S. did not reach a compromise on a possible peace deal to end the war in Ukraine after a five-hour Kremlin meeting between President Vladimir Putin and Donald Trump's top envoys (Steve Witkoff and Jared Kushner).
LAST TIME (OCTOBER): TRUMP–PUTIN CALL ON OCTOBER 16, 2025. The call led to a potential new summit between US Trump and Russia’s Putin, but due to further disagreements, the summit never happened, and Trump announced sanctions on Russia’s Lukoil and Rosneft on October 22.
PRICE ACTION (OCTOBER 17 – OCTOBER 24): CRUDE OIL PRICE ROSE FROM $56.90 TO $62.57 (an increase of 9.96%). Before the collapse of the Putin–Trump summit and Trump’s sanctions on Russia’s Lukoil and Rosneft, crude oil had been declining to test $56.90 on some potential optimism. However, the summit efforts collapsed and, moreover, Trump announced oil sanctions on Russia, which caused crude oil prices to rise to 62.57 on October 24.
Please note that past performance does not guarantee future results
GEOPOLITICS: OIL SANCTIONS ON RUSSIA
- BREAKING: U.S. ANNOUNCED OIL SANCTIONS ON RUSSIA THAT HAVE KICKED IN ON NOVEMBER 21. According to the BBC, the USA announced sanctions targeting the largest Russian oil producers and exporters, Rosneft and Lukoil.
EXPORTS: Lukoil and Rosneft export about 3.1 million barrels per day, roughly 60% of Russia’s oil exports and around 3–4% of global supply.
PRODUCTION: Rosneft produces about 5 million barrels per day (50% of Russia’s output, ~5–6% globally), while Lukoil produces about 2 million barrels per day (20% of Russia’s output, ~2–3% globally).
VENEZUELA CRISES
- US PRESIDENT TRUMP THREATENS LAND STRIKES IN VENEZUELA. Targeting the narco-cartels and President Maduro, the US military has recently deployed near the coast of Venezuela. Fears have risen as President Trump continues considering strikes on Venezuela.
- OIL: VENEZUELA HOLDS THE LARGEST OIL RESERVES IN THE WORLD (over 300 billion barrels estimated). In addition, the potential conflict could also disrupt the 1 million barrels of oil exports per day from Venezuela.
STATISTICS (2021-2025):
- BREAKING: THIS IS THE 4TH TIME SINCE 2021 CRUDE OIL HAS TRADED BELOW $60.
- CRUDE OIL PRICE HAS TESTED $60 OR NEAR (2021 – 2025): 8 Times.
- CRUDE OIL PRICE HAS TESTED LEVELS BELOW $60 (2021- 2025): 3 Times.
- AVERAGE REGION TO TEST WHEN RECOVERY TAKES PLACE: $65 - $70 Region.
GRAPH (Daily): March 2021 – December 2025
Please note that past performance does not guarantee future results
Crude Oil, December 3, 2025.
Current Price: 59.20
|
Crude Oil |
Weekly |
|
Trend direction |
|
|
67.00 |
|
|
65.00 |
|
|
62.00 |
|
|
56.50 |
|
|
56.00 |
|
|
55.00 |
Example of calculation based on weekly trend direction for 1.00 Lot1
|
Crude Oil |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
7,800 |
5,800 |
2,800 |
-2,700 |
-3,200 |
-4,200 |
|
Profit or loss in €² |
6,698 |
4,981 |
2,404 |
-2,319 |
-2,748 |
-3,607 |
|
Profit or loss in £² |
5,874 |
4,368 |
2,109 |
-2,033 |
-2,410 |
-3,163 |
|
Profit or loss in C$² |
10,884 |
8,093 |
3,907 |
-3,767 |
-4,465 |
-5,861 |
- 1.00 lot is equivalent of 1000 units
- Calculations for exchange rate used as of 09:30 (GMT) 03/12/2025
There is a possibility to use Stop-Loss and Take-Profit.
- You may wish to consider closing your position in profit, even if it is lower than the suggested one.
- Trailing stop techniques could protect the profit.