Crude Oil (WTI)

Key insight

$100 round-number resistance is the make-or-break level: a weekly close above it opens $104–$107; rejection keeps oil range-bound at $95–$100 into Q4 supply reviews.

98.27 holds just below the $100 psychological barrier — flat 24h change masks a multi-month uptrend; 200-day MA at ~88.50 far below confirms structural bull momentum.

Main risk

Global demand slowdown / China growth miss

Weakening Chinese industrial data would cut the demand pillar from under $95–$98 support, targeting the 50-day MA near $93.40.