#oilsteadiesafterthreedayrally
🚨 WTI OIL HOLDS NEAR $90 AS HORMUZ RISKS PERSIST
WTI settled almost flat at $90.63, pulling back from its six-week high near $92.29 as markets watched for signs of easing in the latest Strait of Hormuz tensions.
📊 Trader Insight:
If tensions ease and shipping through Hormuz normalizes, oil could face selling pressure. But continued disruptions keep the upside risk elevated. Recent reports still show restricted crossings.
🎯 TRADING VIEW: BUY
Near-term, the rejection from $92.29 favors a pullback, especially if Hormuz tensions continue to ease. Watch $92.29 resistance closely.
❓ Will WTI break $92.29 or pull back toward $90? "CLICK ON THE BELOW YELLOW COIN TAG TO GO TO DESIRED TRADING PAGE TO GET BENEFIT TRADE"$T $AKE $MUBARAK
#WTICrude #crudeoil
🚨 WTI OIL HOLDS NEAR $90 AS HORMUZ RISKS PERSIST
WTI settled almost flat at $90.63, pulling back from its six-week high near $92.29 as markets watched for signs of easing in the latest Strait of Hormuz tensions.
📊 Trader Insight:
If tensions ease and shipping through Hormuz normalizes, oil could face selling pressure. But continued disruptions keep the upside risk elevated. Recent reports still show restricted crossings.
🎯 TRADING VIEW: BUY
Near-term, the rejection from $92.29 favors a pullback, especially if Hormuz tensions continue to ease. Watch $92.29 resistance closely.
❓ Will WTI break $92.29 or pull back toward $90? "CLICK ON THE BELOW YELLOW COIN TAG TO GO TO DESIRED TRADING PAGE TO GET BENEFIT TRADE"$T $AKE $MUBARAK
#WTICrude #crudeoil
