Crude Oil prices are unable to catch a break, which in this case makes sense. Where there are winners, there are losers, and the upcoming US tariffs on China are an issue for Oil. High tariffs would mean that China's exports and economy could face even more setbacks, leading to less demand for Oil from China in 2025 than already anticipated. On the upside, the hefty technical level at $74.11, with the 100-day Simple Moving Average (SMA) and a few pivotal lines, is the next big hurdle ahead. The 200-day SMA at $76.79 is still quite far off, although it could get tested in case tensions in the Middle East arise. The 55-day SMA at $70.81 is still to be considered, although it has lost a lot of strength after being chopped up throughout the week. Traders need to look much lower at $67.12, a level that supported the price in May and June 2023. In case that level breaks, the 2024 year-to-date low emerges at $64.75, followed by $64.38, the low from 2023.