Crude Oil WTI

WTIREFERENCE

Tight balances + geopolitical premium

Updated 2026-09-03T10:31:27.773Z

Live price

$90.69 ▲ +0.52%

Open

$90.21

High

$90.79

Low

$90.02

Prev Close

$90.22

Live Chart — TradingView

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Crude Oil WTI confluence

NEUTRAL
64/100 BULLISH · MEDIUM confidence
0Neutral100

Biases

Macro NEUTRAL
Technical BULLISH
AI NEUTRAL

Supporting

  • Fed Policy — Fed funds 4.25% · stance 0.6
  • Real Yields — 10Y TIPS 1.52%
  • DXY — DXY 97.45 · down

Conflicting

  • Geopolitics reading 28 resists the bullish case

Invalidation

  • Real yields reverse against the thesis
  • Crude Oil WTI loses key support/resistance
  • A surprise inflation or labour print flips the regime overlay

Scenarios

REFERENCE
Base case 55%
Consolidation 30%
Invalidation 15%
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Key levels

Resistance

$85.00

$89.20

Support

$78.20

$74.50

Invalidation

$72.10

Character

Regime

reflation

Volatility

medium

Liquidity

medium

Sentiment

58/100

Positioning & narrative

58/100

Managed money adds longs; OPEC discipline holds

Supply discipline keeps a floor; demand softness caps the ceiling.

AI view

Tight balances + geopolitical premium.

Events that can move Crude Oil WTI

DateEventRegionImp.PrevForecast
2 Sept 11:00 ISM Manufacturing PMI — Sep US low 49.4 49.8
4 Sept 13:30 Nonfarm Payrolls — Sep US high 165K 150K
10 Sept 13:30 CPI YoY — Aug US high 2.9% 2.8%
11 Sept 14:00 FOMC Rate Decision (upper bound) US high 4.25% 4.00%
16 Sept 15:30 EIA Crude Oil Inventories US medium -4.1M -1.2M