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About OIL

$OIL is the main currency of Petroleum. A GameIfied DeFi project where you become the owner of your own $OIL company ! $OIL is obtained by refinating the crudeOIL found inside your plots.

Petroleum OIL (OIL) is a cryptocurrency launched in 2022. OIL has a current supply of 0 with 0 in circulation. The last known price of OIL is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://app.petroleum.land/.

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OIL Price Statistics
OIL’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#4450
OIL Market Cap
Market Cap
$0
Fully Diluted Market Cap
$0
OIL Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
OIL Supply
Circulating Supply
0
Total Supply
0
Max Supply
0
Updated Dec 27, 2023 2:21 am
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OIL
Petroleum OIL
$0
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
Bitcoin News Today: Bitcoin Breaks Above $78K as Iran De-Escalation Drives Oil Lower
Bitcoin News Today: Bitcoin Breaks Above $78K as Iran De-Escalation Drives Oil Lower
Key Takeaways Bitcoin surged above $78,000 as geopolitical tensions eased.Iran confirmed the Strait of Hormuz would remain open during the ceasefire period.Oil prices plunged nearly 10%, reducing inflation concerns.Bitcoin has now decisively broken through the key $76,000–$77,000 resistance zone.The next major upside targets are $80,000 and potentially $82,000–$85,000. Bitcoin Pushes Above $78,000 Bitcoin climbed above $78,000 after Iran announced that the Strait of Hormuz would remain fully open for commercial shipping during the current ceasefire period. BTC rose to around $78,100, extending its breakout after several failed attempts to reclaim the $76,000–$77,000 area over recent weeks. The move marks Bitcoin’s strongest price level since early February. Oil Prices Crash as Hormuz Reopens The market reaction was driven by comments from Iranian Foreign Minister Seyed Abbas Araghchi, who said the Strait of Hormuz would remain fully open for all commercial vessels for the duration of the ceasefire. The announcement triggered a sharp decline in oil prices: West Texas Intermediate fell nearly 10% toward the low-$80 range.Brent Crude dropped toward the high-$80 range. Lower oil prices reduce concerns about inflation, which had become a major macro headwind for both crypto and equities in recent weeks. Risk Assets Rally Across Markets The easing of tensions in the Middle East boosted risk appetite globally. US stock index futures moved higher, bond yields eased, and crypto markets rallied broadly. Investors interpreted the Hormuz reopening as a sign that the risk of a major energy shock may be fading. Bitcoin Breakout Signals Stronger Momentum The $76,000–$77,000 zone had been one of Bitcoin’s most important resistance levels. BTC repeatedly failed near this area in February and March after the sharp correction toward $60,000. Now that Bitcoin has moved decisively above that range, traders are increasingly looking toward: $80,000 as the next psychological resistance$82,000–$85,000 as the next major supply zonePotential short-covering and momentum buying if BTC holds above breakout levels The breakout also puts Bitcoin firmly above its 100-day moving average, strengthening the bullish technical outlook. Broader Iran Talks Continue Separate reports suggest the US and Iran are discussing a broader framework to end hostilities. Negotiations may include: Release of frozen Iranian assetsLimits on Iran’s enriched uranium stockpileLonger-term guarantees around shipping access through the Strait of Hormuz If progress continues, the combination of lower oil prices and easing geopolitical tensions could remain supportive for Bitcoin and other risk assets in the near term.
Apr 17, 2026 10:44 pm
Bitcoin News: Bitcoin Breaks Above $77K as Strategy Returns to Profit
Bitcoin News: Bitcoin Breaks Above $77K as Strategy Returns to Profit
Key Takeaways Bitcoin climbed above $77,000 for the first time since February.Strategy returned to profit on its Bitcoin holdings.Strategy stock surged roughly 8% as BTC moved above the company’s average cost basis.Bitcoin also reclaimed its 100-day moving average, strengthening the bullish technical setup. Bitcoin Clears Key Resistance Level Bitcoin decisively broke above $77,000, marking its strongest move since the sharp selloff in early February that briefly pushed prices toward $60,000. The breakout is notable because Bitcoin has now moved above its 100-day moving average near $74,800, a level that rejected price twice during previous recovery attempts in February and March. This latest move suggests bulls are regaining control after months of consolidation. Strategy Back in Profit on Bitcoin Holdings The rally has also pushed Strategy back into profit on its Bitcoin treasury for the first time in weeks. Strategy currently holds roughly 780,897 BTC with an average purchase price near $75,577. With Bitcoin now trading above $77,000, the company’s holdings have returned to positive territory, generating an estimated paper gain of more than $270 million. Strategy Stock Jumps 8% Shares of Strategy surged about 8% on the day as investors responded positively to the move in Bitcoin. The stock also climbed back above its own 200-week moving average for the first time since February, which many traders view as an important long-term trend signal. Other crypto-linked equities, including Coinbase and Robinhood, also moved higher alongside Bitcoin. Technical Breakout Improves Momentum Bitcoin’s move above $77,000 is important because previous rallies stalled near the $76,000-$76,300 range. The breakout suggests: Short sellers may be getting squeezed out of positions.Momentum traders are re-entering the market.Bitcoin could target higher resistance zones if the move holds. Analysts are now watching the next major resistance near $80,000. A sustained move above current levels would further strengthen the argument that Bitcoin’s multi-month downtrend is ending.
Apr 17, 2026 10:38 pm

Frequently Asked Questions

  • What is the all-time high price of Petroleum OIL (OIL)?

    The all-time high of OIL was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Petroleum OIL (OIL) is 0. The current price of OIL is down 0% from its all-time high.

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  • How much Petroleum OIL (OIL) is there in circulation?

    As of , there is currently 0 OIL in circulation. OIL has a maximum supply of 0.

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  • What is the market cap of Petroleum OIL (OIL)?

    The current market cap of OIL is 0. It is calculated by multiplying the current supply of OIL by its real-time market price of 0.

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  • What is the all-time low price of Petroleum OIL (OIL)?

    The all-time low of OIL was 0 , from which the coin is now up 0%. The all-time low price of Petroleum OIL (OIL) is 0. The current price of OIL is up 0% from its all-time low.

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  • Is Petroleum OIL (OIL) a good investment?

    Petroleum OIL (OIL) has a market capitalization of $0 and is ranked #4450 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Petroleum OIL (OIL) price trends and patterns to find the best time to purchase OIL.

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