Usoil 300 Moving Average

 

Here’s what we can say right now about U.S. oil (WTI) and a 300-day moving average:

📊 Current U.S. Oil Price

• WTI crude oil (U.S. benchmark) is trading around $58–59 per barrel as of early January 2026.

📈 300-Day Moving Average — Approximation

Most free technical data providers (like Barchart) list long-term simple moving averages up to 200 days, but you can use these as a proxy for a 300-day trend:

From recent Barchart technicals (through late 2025):

• 200-day moving average: ~ $60.75/barrel for the front-month WTI contract.

A 300-day moving average would typically be smoother and slightly higher than the 200-day average if prices have been generally declining over the past year (which they have, given WTI has weakened from mid-$70s into the mid-$50s–$60s range). So a rough estimated 300-day MA for WTI would currently be somewhere near or a bit above ~$60/barrel, depending on the exact calculation period.

📉 What This Means

• Price below the long-term MA: Since the current spot price (~$58–59) is near or below these long‐term SMAs, that typically signals a bearish or neutral long-term trend in technical analysis.
• Trend context: Oil prices have been under downward pressure throughout 2025 due to oversupply and weak demand conditions.

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