---
title: "Oil futures rise on likely technical recovery"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285459939.md"
description: "Oil futures rose in early Asian trade on a likely technical recovery after dropping overnight."
datetime: "2026-05-07T00:29:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285459939.md)
  - [en](https://longbridge.com/en/news/285459939.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285459939.md)
---

# Oil futures rise on likely technical recovery

Oil futures rose in early Asian trade on a likely technical recovery after dropping overnight.

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## Related News & Research

- [Citi expects oil to rally to $120/bbl on Hormuz risks, warns it could hit $150/bbl](https://longbridge.com/en/news/286959151.md)
- [Capital Economics sees oil at $150 per barrel through 2027 in an extreme case](https://longbridge.com/en/news/286549728.md)
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