Crude Oil (WTI)

Key insight

$88.93 sits in a fragile zone: 50-day MA at $88.20 below, prior resistance-turned-support at $89.50 above. A daily close under $88.20 opens $85.40; hold it and $92.00 is the next test.

Falls 1.04% to $88.93, pressing toward the 50-day MA at $88.20 as broad risk-off hits commodities — Gold -1.9%, Silver -2.5%, BTC -2.6% confirm macro selling, not an oil-specific story.

Main risk

OPEC+ supply decision reversal

Any OPEC+ output increase or quota-compliance failure breaks the $88.20 MA floor and targets the $85.40 June swing low fast.