WTI SLIPS AS US-IRAN TENSIONS EASE WTI crude is lower as markets digest a quieter night with no new reported U.S.-Iran attacks. Despite Fri…
WTI SLIPS AS US-IRAN TENSIONS EASE
WTI crude is lower as markets digest a quieter night with no new reported U.S.-Iran attacks.
Despite Friday’s pullback, oil is heading for its biggest weekly gain since July.
Washington says it wants to avoid broader conflict, but tensions around the Strait of Hormuz remain a key risk.
WTI Oct-26: -0.6% at $90.72/bbl
Technical momentum remains bullish, with $94.04 the next upside target.