Crude Oil (WTI)

Bullish

Archived analysis from Sep 25, 2026, 8:25 PM

Key insight

Break above 93.50 (Aug swing high) opens 96.00 — momentum is constructive while price trades above the 90-day MA at 89.20, but a weekly close below $91 would warn of a fade.

92.30 holds above the 200-day MA near 88.50 and the key $90 round number — supply discipline from OPEC+ and a soft USD (EUR/USD 1.1393) underpin the bid.

Main risk

China demand disappointment

Soft Chinese industrial data could pull WTI back through $90 support, invalidating the supply-driven rally thesis.

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