Oil prices slipped in early Asian trade as U.S. President Trump unveiled “Project Freedom,” under which the U.S. will escort stranded vessels through the Strait of Hormuz, while OPEC+ signaled a limited production increase. U.S. crude Oil – US Crude eased 0.65% to $101.30 and global benchmark Oil – Brent Crude fell 0.39% to $107.80, reflecting a market balancing geopolitical risk against higher supply.
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Over the past month, Brent has advanced about 1.9%, suggesting resilient demand despite policy shifts, with its 1-day technical outlook flashing a Buy bias that points to near-term upside momentum. In contrast, WTI has retreated roughly 7.5% in the last 30 days, yet still carries a short-term Buy signal, indicating traders may view the recent pullback as an opportunity rather than a trend reversal. Investors can explore more updates, prices, and analysis across global markets at Commodities.