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24 Aug 2026 · 18:41 GMT+3

WTI Price Forecast: 100-day SMA caps upside near $85

West Texas Intermediate (WTI) Oil trades on the back foot on Monday after gaining more than 5% last week. The pullback comes even as the broader backdrop remains largely unchanged, with Middle East tensions elevated and shipping through the Strait of Hormuz still heavily restricted.

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