Crude oil price prediction has taken a pretty bearish turn as Peter Brandt warns that prices could actually plummet to $46 per barrel. The veteran trader shared a concerning technical chart, and this has really got energy investors on edge. At the time of writing, many analysts are also rushing to update their forecasts in light of Brandt’s ominous projection.
Crude Oil pic.twitter.com/T1T9yQDvV6
— Peter Brandt (@PeterLBrandt) April 18, 2025
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Crude Oil Crash, Supply Shock, And What Investors Must Know Now
Supply Shock Unfolding
Crude oil price prediction experts are pointing to a supply shock that is already disrupting markets in several ways.
Market analyst @VikingEyes wrote:
“Years of underinvestment in oil exploration and production are catching up. U.S. shale—the global swing barrel—is showing fatigue. Many new wells are gasser, less productive, and face rising breakeven levels ($65-$75).”
This rather stark oil supply shock analysis comes despite some recent price increases that we’ve seen, with Brent crude rising about 0.9% to $68.05 and WTI up approximately 0.94% to $64.27 as of April 23.
Technical Breakdown
Peter Brandt presents evidence that crude is about to fall below key support boundaries it has maintained until now. Understanding the forecast by Peter Brandt requires review of his TradingView chart depicting multi-year descending trendlines which confirm potential market weakness yet to come. Multiple traders as well as analysts demonstrate genuine worry regarding this prediction for crude oil prices.
Analyst Chris Close commented:
“Recession incoming coupled with the US desire to cripple Russia in the most painful way. At least we can refill the strategic reserve (hopefully we will) at decent prices.”
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Market Context
The bearish crude oil technical analysis arrives amid some mixed signals in the market. U.S. crude inventories fell by approximately 4.6 million barrels last week. And on top of that, the U.S. has also issued fresh sanctions targeting Iranian oil shipping networks.
Trader Bart-Jan Remers noted:
“That would mean a US oilcut and lay offs. That is below cost. Extra adding to the recession.”
Oil market forecast 2025 projections are being rapidly revised as this supply shock continues to get priced in. This crude oil price prediction of $46 would actually place many producers below their break-even points, potentially triggering production cuts that might eventually create a price floor, though timing remains uncertain.
Investment Implications
The technical analysis shows shorting opportunities which investors focused on the oil market forecast for 2025 should take into account. Market trader Mitesh Jain conducted price target assessments which showed crude oil attempting to reach 4700 at its resistance point.
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Chance finds the crude oil technical analysis conducted by Brandt compatible with fundamental considerations about inventory metrics and worldwide economic measurements.
Energy industry investors should follow both developing technical indicators and market supply-demand patterns while the prices move toward a potential downward trend. Peter Brandt’s oil forecast from 2025 will function as a key reference model for market traders during the remainder of 2025 because it stands backed by oil supply shock findings. The present market factors indicate crude oil price predictions will remain under downward pressure.
