Crude Oil (WTI)
BullishArchived analysis from Sep 4, 2026, 3:35 AM
Key insight
90.17 trades in a tight range below 92.50 resistance — a weekly close above that level opens 95.00. Failure to clear it by Friday close risks a pullback to 87.50 200-day MA support next week.
90.17 holds above the 200-day MA near 87.50, confirming trend support. OPEC+ supply discipline and USD softness (EUR/USD 1.1628) underpin the bid; next resistance at the 92.50 Aug swing high.
Main risk
China demand slowdown risk
Soften Chinese industrial data could cut 500–800k b/d of demand expectations, dragging WTI back toward 85.00 support.
With Pro
Levels, scenarios & outlook are only available in the app — for all analyses, including archived ones.
Get the app→