Oil Price Prediction: Can Oil Keep Its Momentum This April? – Good Time to Long?

Author

David Pokima

Author

David Pokima

Part of the Team Since

Jun 2023

About Author

David is a finance journalist and a contributor to Cryptonews.com with a keen interest in breaking comprehensive, accurate, and reliable blockchain news.

Has Also Written

• XRP Price Prediction: Ripple's Garlinghouse Expects Clarity Act Next Month - $10 Short-Term Target?
• Nexo Named Official Digital Asset Partner of Argentina Ahead of 2026 FIFA World Cup
• Ethereum Price Prediction: ETH 9% Jump Since Morning Outperforming Most Assets
• Bitcoin Price Prediction: $80K Coming to Wreck Bears
• Crypto Market Cap Reclaims $2.5 Trillion as DOGE Setup Draws Attention, Maxi Doge Presale Nears $5 Million

Author Profile

Share

Copied

Fact Checked by

CryptoNews Editorial Team

Author

CryptoNews Editorial Team

Part of the Team Since

Sep 2018

About Author

The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for...

Has Also Written

• How to Take Part in Wadoozie’s Live 48-State Tour to Win WADZ Rewards
• Best BTC to XMR Exchanges in 2026: Swap Bitcoin to Monero Anonymously
• CoinDepo vs. YouHodler vs. Nexo Earn: Which Is Better in 2026?
• Xenia Soborova, Head of BD at Tramplin, on The Solana Ecosystem, Solana Staking, and more ep. 516
• Strategy Plans to Equitize Convertible Debt Over 3–6 Years: What It Means for BTC

Author Profile

Ad Disclosure

Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More

Last updated: 

April 2, 2026

Oil just printed its biggest single-day price surge in three weeks, with many analysts agree with one same prediction: Oil might have room to pump even more.

Brent crude surged 7.6%, to $108 per barrel Thursday morning, while WTI climbed $7.06, or 7.1%, to $107.18. But can this momentum hold through April, or is the spike a one-session blip before gravity reasserts? We know Trump said that the war might end this April.

The trigger was President Trump’s televised address, in which he vowed to continue U.S. strikes on Iran. “We’re going to hit them extremely hard over the next two to three weeks,” Trump said, offering no signal of a ceasefire or diplomatic off-ramp. Markets moved instantly. Brent had been shedding before the speech, then reversed violently.

Priyanka Sachdeva, senior market analyst at Phillip Nova, flagged the absence of “clear mention of ceasefire or diplomatic engagement” as the direct driver, warning that if maritime risks escalate, oil could test fresh highs.

Both benchmarks remain below the $119+ peak hit earlier in the conflict, but the Strait of Hormuz narrative is back on the table, and that changes the calculus entirely.

Discover: The best crypto to diversify your portfolio with

Oil Price Prediction: Brent Crude Breaks $120 Before April Ends?

The $108, $109 zone is now acting as a short-term foothold following Thursday’s surge. Resistance clusters immediately around $112–$115, with the psychologically loaded $119 level, the prior conflict high, representing the bull case ceiling. Analysts at The Middle East Insider flagged $120 as the key breakout threshold heading into April, contingent on Hormuz disruption risk remaining elevated.

The momentum is real. But momentum built entirely on one variable, geopolitical risk, is inherently fragile. (One presidential tweet in the other direction and this chart looks completely different.) J.P. Morgan and S&P Global have both raised their 2026 price assumptions, but neither is calling $120 a floor.

Discover: The best pre-launch token sales

Bitcoin Hyper Eyes Early Movers as Oil Traders Weigh Commodity Risk

Oil this, oil that. Commodity volatility of this magnitude tends to send a specific type of capital searching for asymmetric alternatives, assets uncorrelated to Middle East headlines, where the upside isn’t capped by a geopolitical resolution. That’s where the rotation conversation starts. Oil at $108 may run another 10%. But what’s already run, can it run again from here without the same catalyst?

Bitcoin Hyper ($HYPER) is positioning itself as one of those early-stage asymmetric plays, and the presale numbers are hard to dismiss. The project bills itself as the first-ever Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, delivering sub-second finality and smart contract programmability while sitting on Bitcoin’s security layer.

Current presale price: $0.0136. Total raised: $32 million. Staking is live with a high 36% APY, and the decentralized canonical bridge for BTC transfers is a standout technical feature, Bitcoin’s liquidity, Solana’s speed, and none of Ethereum’s baggage.

The pitch addresses Bitcoin’s three core limitations: slow transactions, punishing fees, and zero programmability.

Research Bitcoin Hyper before the next price tier triggers.

This article is for informational purposes only and does not constitute financial advice. Always conduct your own research. Crypto assets are highly volatile.