Crude Oil (WTI)

Key insight

$85.32 sits between 200-day MA support at $83.50 and $87.50 prior swing high resistance — a break either side resolves the two-week range and sets the next $4–5 directional leg.

Holds $85.32 — consolidating near 200-day MA after failing to break $87.50 resistance; USD weakness (EUR/USD 1.1616) provides floor but soft global equity tone caps upside.

Main risk

OPEC+ supply policy shift

Surprise output hike from OPEC+ would flood market above current demand run-rate, targeting $80 round-number support rapidly.