OIL Tankers

WTI Crude Oil remains elevated above $90 as tensions between the U.S. and Iran continue to shape energy market sentiment. Traders are watching whether thin Labor Day conditions and Tuesday’s return of fuller volume can drive a renewed test of the $94 area.

WTI crude oil remained volatile after renewed military escalation between Iran and the U.S. lifted supply-risk premiums across the energy market. Traders are focused on $91.30 resistance and $90.70 support as geopolitical headlines continue to steer sentiment.

WTI crude oil enters the new trading week near a one-month high after Friday’s push through the $80.000 and $81.000 areas. Traders are watching whether Middle East tension keeps prices supported or whether calmer weekend developments allow a pullback.