{"id":438024,"date":"2026-09-14T16:09:56","date_gmt":"2026-09-14T09:09:56","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/oil-rises-again-as-hormuz-talks-get-postponed-and-saudi-pipeline-shutdown-deepens-energy-crisis-438024\/"},"modified":"2026-09-14T16:09:56","modified_gmt":"2026-09-14T09:09:56","slug":"oil-rises-again-as-hormuz-talks-get-postponed-and-saudi-pipeline-shutdown-deepens-energy-crisis","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/oil-rises-again-as-hormuz-talks-get-postponed-and-saudi-pipeline-shutdown-deepens-energy-crisis-438024\/","title":{"rendered":"Oil rises again as Hormuz talks get postponed and Saudi pipeline shutdown deepens energy crisis"},"content":{"rendered":"<div>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 105%; font-family: Aptos, sans-serif; font-size: 15px\">FUNDAMENTAL<br \/>\n        OVERVIEW<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; font-family: Aptos, sans-serif; line-height: normal; font-size: 15px\">\u00a0<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; font-family: Aptos, sans-serif; line-height: normal; font-size: 15px\">Oil prices are rallying again to start the week as the<br \/>\n        supply outlook deteriorated further after <a href=\"https:\/\/investinglive.com\/commodities\/oil-gap-higher-saudi-pipeline-shut-after-drone-attack-as-hormuz-meeting-is-postponed\/\" rel=\"follow\">Saudi Arabia shut its East-West        pipeline following drone attacks<\/a>. The pipeline is particularly important<br \/>\n        because it has been used as a bypass for the Strait of Hormuz, moving roughly 4-5<br \/>\n        million barrels per day to the Red Sea in recent months. Its closure therefore<br \/>\n        removes one of the few alternative routes available to Saudi crude exports<br \/>\n        while Hormuz remains severely disrupted. <\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; font-family: Aptos, sans-serif; line-height: normal; font-size: 15px\">Moreover, the <a href=\"https:\/\/investinglive.com\/commodities\/iran-says-hormuz-meeting-with-gulf-states-postponed-at-request-of-regional-countries\/\" rel=\"follow\">postponement of planned talks between        Iran and Gulf nations<\/a> over a potential temporary shipping arrangement through<br \/>\n        the Strait of Hormuz weighed on sentiment, as hopes for a near-term easing in tensions<br \/>\n        faded.<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; font-family: Aptos, sans-serif; line-height: normal; font-size: 15px\">The fundamental picture remains positive for oil<br \/>\n        prices and negative for other markets in general as inflation concerns remain<br \/>\n        high. Hormuz disruption, the loss of Saudi Arabia&#8217;s main bypass pipeline. growing<br \/>\n        risks around the Red Sea and Bab el-Mandeb strait means the market has fewer<br \/>\n        ways to compensate for lost or delayed barrels. Tanker rates have also surged<br \/>\n        as shipping becomes more difficult and costly. <\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; font-family: Aptos, sans-serif; line-height: normal; font-size: 15px\">I think oil prices will remain supported into new<br \/>\n        highs unless there\u2019s a progress in US-Iran relations or toward the reopening of<br \/>\n        the Strait of Hormuz. Conversely, further attacks on energy infrastructure or<br \/>\n        shipping would leave the upside risk firmly intact.<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; font-family: Aptos, sans-serif; line-height: normal; font-size: 15px\">\u00a0<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 105%; font-family: Aptos, sans-serif; font-size: 15px\">CRUDE OIL<br \/>\n        TECHNICAL ANALYSIS \u2013 DAILY TIMEFRAME<\/p>\n<\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>On the daily chart, we can<br \/>\n        see that crude oil is approaching the key resistance zone around the 105.00<br \/>\n        level again. That\u2019s where we can expect the sellers to step in with a defined<br \/>\n        risk above the resistance to position for a drop into the lower bound of the<br \/>\n        channel around the 85.00 level. The buyers, on the other hand, will want to see<br \/>\n        the price breaking higher to increase the bullish bets into the 111.00 handle<br \/>\n        next. <\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>CRUDE OIL TECHNICAL<br \/>\n        ANALYSIS \u2013 4 HOUR TIMEFRAME<\/p>\n<\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>On the 4 hour chart, we<br \/>\n        have an upward trendline defining the bullish momentum into the resistance. If we<br \/>\n        get a pullback, we can expect the buyers to lean on the trendline with a<br \/>\n        defined risk below it to keep pushing into new highs. The sellers, on the other<br \/>\n        hand, will look for a break lower to increase the bearish bets into the lower<br \/>\n        bound of the channel.<\/p>\n<p>CRUDE OIL TECHNICAL ANALYSIS \u2013 1 HOUR TIMEFRAME<\/p>\n<\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>On the 1 hour chart, we<br \/>\n        have another minor upward trendline defining the bullish momentum on this timeframe.<br \/>\n        If we get a pullback into the trendline to close the weekend gap, we can expect<br \/>\n        the buyers to step in with a defined risk below the trendline to keep targeting<br \/>\n        new highs. The sellers, on the other hand, will look for a break to extend the<br \/>\n        pullback into the 4-hour trendline next. The red lines define the <a href=\"https:\/\/investinglive.com\/Education\/trading-tip-know-the-average-daily-range-adr-20220207\/\" style=\"color: rgba(70, 120, 134, 1); text-decoration: underline\" rel=\"follow\">average daily range<\/a> for today. <\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 105%; font-family: Aptos, sans-serif; font-size: 15px\">UPCOMING CATALYSTS<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 105%; font-family: Aptos, sans-serif; font-size: 15px\"><a href=\"https:\/\/investinglive.com\/EconomicCalendar\" style=\"color: rgba(70, 120, 134, 1); text-decoration: underline\" rel=\"follow\">On Wednesday<\/a>, we have the<br \/>\n        FOMC rate decision. On Thursday, we get the US Jobless Claims figures. Traders<br \/>\n        will continue to keep a close eye on developments in the Middle East.<\/p>\n<p>                            This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>FUNDAMENTAL OVERVIEW \u00a0 Oil prices are rallying again to start the week as the supply outlook deteriorated further after Saudi Arabia shut its East-West pipeline following drone attacks. The pipeline is particularly&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-438024","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/438024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=438024"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/438024\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=438024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=438024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=438024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}