Shipping Routes

WTI and Brent crude futures remain underpinned as security risks tied to attacks on Saudi targets and shipping routes keep supply concerns in focus. Technical traders are watching whether WTI can clear $101.37 or slip below $95.25, while Brent’s uptrend remains supported by its rising 50-day moving average.

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.