90, as narrow gains were tempered by profit-taking after a recent run-up. WTI crude followed a similar trajectory, up 0.
March 24 2026 Oil Price Technical Levels Key
Electric vehicle penetration continues to rise, contributing to a subtle but discernible dampening on long-term gasoline demand expectations. Demand Concerns Temper Rally Despite supply-side support, worries over weakening consumption in the Eurozone and a cooling labor market in the United States have capped upside potential.
Support is clustered around $77. The interplay between crude quality differentials and downstream demand continues to shape trading strategies.
March 24 2026 Oil Price Technical Levels Key
3% at around $73. Refinery margins across Asia compressed slightly as gasoline crack spreads narrowed, while diesel valuations remained supported by resilient industrial activity in the region.
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