Summary

• WTI and Brent crude oil technical analysis with key levels as US-Iran news is still awaited.
• Despite extreme positivism in stock markets, energy commodities remain doubtful.
• Volatility continues to shrink, but the latest progress has largely stalled.

By Elior Manier

The pricing of a peace deal between the US and Iran is continuous but also quite coarse. While equity markets have gone on an absolute frantic rally, boosted by short-covering, options delta hedging, TACOs, and an ever-hungrier