Crude Oil (WTI)

Key insight

$93.31 breaks above $92.50 prior swing high — next resistance is $95.00 round number. Hold above $92.50 on any pullback confirms the level as new support; failure resets to $90.00.

+1.75% today lifts WTI to $93.31, clearing the $92.50 August swing high and putting the $95 round-number resistance in play for the first time since mid-2026.

Main risk

Demand destruction via USD strength

USD/JPY at 157.2 and EUR/USD at 1.1364 reflect a mixed dollar; a renewed DXY surge above 106 historically pressures oil 3–5% within days.