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FORECASTSAUG 19, 2026
WTI Crude Oil Forecast: Traders Watch $86 as Hormuz Risks Keep Prices Supported
WTI crude oil is holding near its weekly high around $85.47 as shipping uncertainty around the Strait of Hormuz keeps energy traders on alert. Market participants are watching resistance near $85.65 and the $86 zone while assessing whether negative headlines could trigger another upside push.