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Cheniere

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Aerial shot of large oil storage tanks in an industrial district with adjacent railway tracks.
FORECASTSAUG 11, 2026
Oil Forecast: WTI Eyes $84.74 as Brent Pushes Toward $91.13 Resistance
Oil markets remain caught between recovering OPEC supply and constrained shipping through the Strait of Hormuz. Technical traders are watching WTI above $81.92, Brent above $86.43, and natural gas near the $2.81 resistance zone.