11 Jun
📢USOIL Price Movement Today – Gold Market Trend Today
🔻 SELL SIGNAL
• Sell Entry At : 65
• Stop Loss: 66
• Target: 63.90
• Current Market Price (CMP): 65
🟡 Daily Oil Market Report – June 11, 2025 🟡 focusing on USOIL (WTI Crude Oil):
🔑 Key Economic Highlights Driving Oil Prices Today
1. Oil Slides as Market Weighs Trade Framework
WTI crude softened to around $64.76/bbl (down ~0.34%) amid investor caution following a U.S.–China trade framework announced in London, but not yet finalized by presidents Trump and Xi reuters.com+13tradingeconomics.com+13reuters.com+13.
2. Trade Talks Yield Cautious Optimism
U.S. Commerce Secretary Lutnick announced that the framework covers rare earths and export controls—providing some relief—but broad concerns remain over demand and implementation timing reuters.com+10reuters.com+10marketwatch.com+10.
3. OPEC+ Output Rise Pressures Market
OPEC+ recently increased supply by ~411 kbpd in early June, and Secretary‑General Al Ghais warned of sustained demand growth—suggesting long-term demand strength but added supply weighed on prices reuters.com.
4. Sluggish Chinese Demand
Weak demand from China, despite positive trade signals, dampens oil sentiment amid cautious demand expectations tradingeconomics.com+13reuters.com+13reuters.com+13.
5. Inventory & Wildfire Supply Notes
U.S. stockpile data due today may influence price direction; previous weeks saw draws (~3.1 M barrels) and Canada’s wildfires clipped supply—but the recent slide suggests pressure remains .
| Asset | Price/Level | Change |
|---|---|---|
| WTI Crude (USOIL) | $64.76/bbl | ▼ –0.34% |
| Brent Crude | ≈ $66.56–66.87/bbl | ▼ ~0.5% |
| U.S. Dollar Index | Steady (~98.97) | ↔ |
| 10‑Yr U.S. Treasury | ~4.47% | ↔ |
| S&P 500 Futures | Flat | ↔ |
📈 Market Snapshot (As of June 11, 2025, early ET)
🧭 Analyst View & Market Outlook
Short‑Term Trend:
- Oil remains range-bound between $64–66, as mixed signals from trade and demand create uncertainty.
- Forecast sensitive to today’s U.S. inventory (API & EIA) data.
Medium‑Term Outlook:
- If China demand picks up and inventory draws continue, $65–68 could be tested.
- However, elevated OPEC+ output and geopolitical stability could cap gains.
Bullish Signals:
- OPEC+ output discipline paired with encouraging trade dialogue.
- Early Canadian wildfire disruptions shave global supply.
Bearish Risks:
- Lingering weak demand from China.
- Rising OPEC+ supply and risk of implementation delays in trade framework.
Institutional Insight:
Analysts at Bloomberg and Reuters suggest prices will remain clustered around current levels, barring surprise demand uptick or geopolitical flare-up.
⚠️ Important Note:
Oil remains highly sensitive to surprises—from geopolitical shifts and stock data to U.S.–China trade clarity. Monitor EIA/API reports and trade/energy headlines closely.
⚠️ Disclaimer:
This report is for informational purposes only and does not constitute investment advice. Commodity trading carries risk—please conduct your own analysis or consult a licensed professional.
Topics Covered:
USOIL price today, June 11 2025 oil update, WTI crude analysis, OPEC+ output, U.S.–China trade impact on oil, China demand outlook, oil inventory data, Canadian wildfires supply, global demand trends.
