Crude Oil (WTI)

Key insight

$95–96 base holding while equities sell off — divergence favours oil bulls if OPEC+ supply discipline holds and USD stays range-bound near EUR/USD 1.1189.

Holds $95.94, up 0.43% — WTI sustaining above the $95 round number and 200-day MA at ~$94.50, signalling buyers defending the trend despite equity weakness.

Main risk

Global demand slowdown risk

Equities sliding (S&P -0.2%, DAX -0.4%) signals growth fears; break below 200-day MA at $94.50 would flip short-term structure bearish.