Oil Prices May Decline Further

Oil prices may fall after spiking to $119.48 Oil prices have moved sideways for several months after spiking to $119.48 in response to the war with Iran. The initial decline from that peak to $76.73 on March 11, 2026 appeared impulsive. This decline likely comple

Oil prices may fall after spiking to $119.48

Oil prices have moved sideways for several months after spiking to $119.48 in response to the war with Iran.

The initial decline from that peak to $76.73 on March 11, 2026 appeared impulsive.

This decline likely completed a wave, suggesting further losses are possible.

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