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OIL Production

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Oil storage tanks located by a calm waterway, with a mountainous backdrop under a clear sky.
FORECASTSSEP 20, 2026
WTI Crude Oil Holds Near $100 as Middle East Risk Keeps Traders on Alert
WTI crude oil is trading near the psychologically important $100 area as markets weigh supply risks against hopes for de-escalation. Traders are watching Middle East headlines closely, with resistance near $101.00 and support around $99.80 shaping the near-term setup.