Crude Oil (WTI)

Key insight

$100 breakout is the line — clear daily close above flips momentum decisively bullish toward $104 2026 swing high; rejection here risks a pullback to 50-day MA near $93.50.

Holds $98.51, pressing the $100 round-number barrier — supply discipline from OPEC+ and USD/JPY at 155 keeping dollar bid contained enough to support crude near multi-month highs.

Main risk

Demand shock / global slowdown

Equity indices flat-to-lower (S&P -0.1%, Dow -0.2%) signal risk-off; BTC -2.7% confirms macro jitters that could drag crude toward $93.50 support.