{
    "success": true,
    "data": {
        "id": 1641504,
        "msgid": "oil-prices-could-break-through-125-us-dollars-analyst-predicts-sharp-surge-next-week-1774774285",
        "date": "2026-03-29 15:00:00",
        "title": "Oil Prices Could Break Through 125 US Dollars, Analyst Predicts Sharp Surge Next Week",
        "author": "Aprillia Ika",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Energy",
        "summary": "Global oil prices are projected to continue their upward trend, potentially reaching 125 US dollars per barrel, driven by escalating conflicts in the Middle East that threaten energy supplies. Analyst Ibrahim Assuaibi forecasts a strengthening of crude oil prices next week, with support at 92.3 dollars and resistance at 112.2 dollars, amid ongoing US-Iran negotiations that have failed to ease market concerns despite President Trump's temporary halt on attacks against Iranian energy infrastructure. Brent crude closed at 112.57 dollars per barrel, its highest since July 2022, highlighting the vulnerability of global energy markets to geopolitical tensions.",
        "content": "<p>JAKARTA, KOMPAS.com - Global oil prices are projected to continue\ntheir upward trend in the near future, even potentially surging to 125\nUS dollars per barrel. This projection emerges amid the escalating war\nin the Middle East, which is pressuring global energy supplies.<\/p>\n<p>Currency and commodity analyst Ibrahim Assuaibi estimates that global\ncrude oil prices will strengthen in the coming week, with a fairly wide\ntrading range.<\/p>\n<p>For the type of crude oil traded domestically, Ibrahim predicts the\nsupport level at around 92.3 US dollars per barrel. Meanwhile, the\nresistance is at 112.2 US dollars per barrel.<\/p>\n<p>According to him, as long as the price holds above that support area,\nthe chance of strengthening remains open in the short term.<\/p>\n<p>\u201cGlobal crude oil, the first one being the crude oil commonly traded\ndomestically. That crude oil is likely to have a range of 92,300 US\ndollars per barrel in one week. Remember, 92,300 US dollars per barrel\nis the support,\u201d said Ibrahim to reporters on Sunday (29\/3\/2026).<\/p>\n<p>\u201cThe resistance is 112,200 US dollars per barrel. And it\u2019s likely\nthat oil prices will strengthen next week,\u201d he explained.<\/p>\n<p>Ibrahim even projects that this upward trend could continue more\naggressively in the following week, reaching 125 US dollars per\nbarrel.<\/p>\n<p>\u201cExtraordinary, Brent crude oil is most likely to rise quite sharply\nand is estimated to reach 125 US dollars per barrel in the next week,\u201d\nhe emphasised.<\/p>\n<p>Global oil prices closed at their highest level in more than three\nyears on Friday (27\/3\/2026) local time, amid market concerns over\npotential supply disruptions in the Middle East.<\/p>\n<p>The rise in global oil prices occurred despite US President Donald\nTrump shifting his approach to negotiations with Iran, which is deemed\ninsufficient to alleviate market worries.<\/p>\n<p>Meanwhile, the global benchmark Brent oil strengthened by 4.22\npercent to 112.57 US dollars per barrel.<\/p>\n<p>That level marks the highest since July 2022, when Russia\u2019s invasion\nof Ukraine shook global energy markets. During the trading session, US\noil prices briefly touched a daily high of 100.04 US dollars per barrel\nbefore a slight correction. On a weekly basis, WTI contracts rose about\n1 percent, while Brent remained relatively stagnant.<\/p>\n<p>Trump\u2019s move to grant Iran a 10-day extension to reopen the strategic\nStrait of Hormuz has not yet eased market concerns.<\/p>\n<p>In a social media post on Thursday (26\/3\/2026), Trump stated that\ntalks with Iran were going very well.<\/p>\n<p>He described the discussions as positive, \u201cdespite conflicting\nstatements from Fake News Media and other parties.\u201d<\/p>\n<p>As part of that policy, Trump also announced a temporary halt to\nattacks on Iranian energy infrastructure until 6 April 2027.<\/p>\n<p>However, Iran has yet to respond to the latest statement.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/oil-prices-could-break-through-125-us-dollars-analyst-predicts-sharp-surge-next-week-1774774285",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}