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Arnne Carragie

Is the Oil Crash Accelerating? WTI $74 Drop Deepens After Symmetrical Triangle Fails

WTI Crude Oil (USOIL) continues its heavy downward trajectory, trading at $74.48 on the daily chart on June 18, 2026. The massive geopolitical baseline that insulated energy futures all spring is officially disintegrating. In an extraordinary structural shift, the previous “fragile ceasefire” narrative has been entirely updated by historic diplomatic breakthroughs.
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