Risk Premium

WTI crude remains close to the $95 area as fresh military developments in the Middle East keep a risk premium embedded in prices. Traders are watching whether support above $92.75 can hold if tensions ease, or whether a sustained break above $95 opens the door to higher targets.

WTI crude oil is holding near multi week highs as traders weigh fragile Middle East signals and the absence of a confirmed agreement between the U.S. and Iran. Momentum remains constructive, but sharp intraday swings around key support and resistance levels continue to raise risk for short term traders.