Opec Plus

WTI crude is testing a key support zone as U.S. distillate inventories remain tight despite a modest build in broader crude and product stocks. Brent is holding above an important floor while natural gas draws support from stronger LNG demand and the expected recovery of Freeport feedgas intake.

Crude markets are stabilizing as improving Strait of Hormuz diplomacy reduces some immediate supply anxiety, though shipping activity remains well below normal. Natural gas is holding a constructive technical setup above its breakout zone as traders watch whether momentum can extend toward $3.00.