Daily Technical

WTI Slides to Key Support at $92.50

April 8, 2026

The two-week truce announced in the clashes between Iran and the U.S./Israel has immediately boosted equity markets and caused oil prices to decline sharply. At the time of writing, WTI crude oil is trading at $94.85 (-14.10%), while Brent is down to $93.18 (-10.18%). Both benchmarks are now well below last night’s settlement levels, which […]

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