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HOME > MARKETS > COMMODITIES > CRUDE > 2026-06-02
USOILCrude Oil (WTI)
91.47
+4.70%
DATE: 2026-06-02
SUPPORT:8885
RESISTANCE:9497
Past
What happened
WTI jumped 4.7% to $91.47, the day's biggest macro mover, after conflicting US-Iran signals: Trump said talks continue while Tehran pushed back.
Why
Why it matters
The market is pricing a supply-risk premium on any threat to Gulf flows; oil is now the dominant inflation and cross-asset risk variable.
Watch
What to watch
$94 is the next resistance if headlines escalate; a credible de-escalation could unwind the spike back toward $88 fast.
HEADLINES
2026-05-29ARCHIVEnewer →