BP

WTI crude is consolidating near a key breakout area as Gulf of Mexico output returns and U.S. inventories tighten. Brent is showing stronger upside momentum, while natural gas traders are watching whether support at $3.11 can hold after rising U.S. storage.

Crude oil traders are weighing a possible Russia-Ukraine energy ceasefire and fresh Russian diesel flows against persistent Middle East shipping threats. Brent remains supported above key risk-premium levels, while WTI is focused on the $91.21 pivot as Gulf of Mexico output returns.

Nasdaq-100 futures remain under pressure as chip weakness spreads into software and premium-valued growth stocks. Traders are watching whether sellers can force a deeper move toward the 27,142 value zone.

Nasdaq 100 sentiment remains under pressure as chip and software weakness signals a broader unwind of the AI-linked growth trade. With premium valuations being punished even after solid earnings, traders are watching whether selling extends toward the next major value zone.