Crude Oil (WTI)

Key insight

88.77 sits in a 85.50–90.00 consolidation band; a weekly close outside either bound triggers the next $5–7 directional leg. USD strength (EUR/USD -0.3%) caps upside while OPEC+ supply discipline anchors the floor.

88.77 holds above the 200-day MA near 85.50 but stalls below the 90.00 round-number resistance — flat 24h print confirms an equilibrium zone with no directional catalyst in play.

Main risk

OPEC+ surprise output increase

Unscheduled OPEC+ quota lift above current targets collapses the supply-discipline floor; break of 85.50 200-day MA opens 80.00.