#GlobalOilPricesSurgePast $100

A 25% surge in oil prices overnight is a clear signal that the market has entered a high volatility phase. Prices for WTI Crude Oil and Brent Crude Oil are now moving not only due to supply and demand but primarily because of geopolitical factors.
If tensions continue to rise, the next psychological levels could be $120–$130 per barrel. Under such conditions, traders often see impulsive moves and short corrections, creating opportunities for both longs and quick trades.
But after such a sharp pump, the market may experience a short-term pullback to gather liquidity before the next move. So the key question now is whether geopolitical tensions will persist.
💭 My opinion: as long as the news remains tense, the trend could stay bullish, but volatility will be very high.