Today's WTI Crude Oil Market Analysis

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Today's WTI Crude Oil Market AnalysisWTI CRUDE OILTVC:USOILtefrn⛽ WTI crude oil is currently at 98.71, showing a short‑term strong volatile trend, driven by Middle East geopolitical conflicts, blocked shipping in the Strait of Hormuz, and supply panic. Key support: 95–97 Key resistance: 100–103 Trading Strategy: Go long between 96.5–98.7 Stop loss: 93.0 Take profit: 100.0–103.0 Trade with light positions and strict risk control. Focus on Strait shipping, US‑Iran developments, IEA stockpile releases, and OPEC+ meetings.