USOILCrude Oil (WTI)
93.76
+1.74%
SUPPORT:90.5385.69
RESISTANCE:96.99101.83
Past
What happened
WTI jumped 1.7% to $93.76 as fresh Middle East hostilities and Strait of Hormuz risk revived the supply premium.
Why
Why it matters
Geopolitics, not demand, is driving crude — and an oil spike complicates the inflation picture the Fed is already watching.
Watch
What to watch
$95 is the next resistance; de-escalation headlines could quickly unwind the premium back toward $90.
HEADLINES