Crude Oil (WTI)
BullishArchived analysis from Sep 14, 2026, 8:48 PM
Key insight
98.28 trades below today's $103 intraday high — Saudi pipeline closure and stalled Hormuz talks keep upside bias, but FOMC this week caps risk appetite.
Saudi East-West pipeline shut after drone strikes; Hormuz corridor talks collapse — supply shock holds WTI above $98 with intraday spike to ~$103.
Main risk
FOMC Rate Decision — Sep 17
Hawkish Fed surprises strengthen USD and compress oil demand outlook; a hold-with-hawkish-tone risks a $5–8 pullback from current levels.
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