Crude Oil (WTI)

Neutral

Archived analysis from Aug 14, 2026, 3:38 AM

Key insight

$80.59 holds 50-day MA — Hormuz resolution or breakdown needed to break the $78–$83 range either way.

Stalls at $81 resistance; Hormuz diplomacy vs. IEA Q3 supply-deficit upgrade keeps bulls and bears deadlocked.

Main risk

Strait of Hormuz Resolution

US-Iran deal reopens Strait — WTI dumps toward $75 as geopolitical premium evaporates.

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