Crude Oil Price Analysis Expected Scenario Crude oil price provided additional positive trades yesterday to surpass 80.00$ per barrel barrier, supporting the continuation of the expected bullish trend on the intraday basis. The next target is at 81.50$. Monitoring the price at this level is crucial to detect the next trend. Breaking above 81.50$ could lead to further gains towards 83.91$ areas on the near-term basis. Consolidating below it may trigger a decline and bearish correction. Breaking 79.60$ will stop the current rise and force the price to turn to decline. Expected Trading Range Between 79.10$ support and 82.00$ resistance

Trend Forecast: Bullish