{
  "id": 16591104,
  "title": "WTI corrects to near $100 as focus shifts to key policy decisions",
  "url": "https://urgent.news/2026/10/26/wti-corrects-to-near-100-as-focus-shifts-to-key-policy-decisions",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-26T11:12:04.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/wti-corrects-to-near-100-as-focus-shifts-to-key-policy-decisions-202610261112"
  },
  "original_language": "en",
  "account": "WTI oil prices have retreated to around $100, following a five-month high of $103.28. Rising market caution ahead of major central bank policy decisions is driving the decline. Analysts at Danske Bank anticipate the Federal Reserve, the European Central Bank, and the Bank of Japan to hold interest rates steady before resuming hikes later in the year. This near-term pause in rate increases is expected despite the general trend of further rate hikes. Oil prices surged last week due to concerns over tensions between the US and Iran. After the US State Department called for a broader withdrawal of US diplomatic personnel from the Gulf, financial markets became more cautious. TD Securities predicts crude oil will remain on the upside in the near term, driven by geopolitical risks and supply disruptions. WTI US Oil is currently priced at $100.51 and maintains a bullish outlook, staying above the 20-day Exponential Moving Average of $95.68. The Relative Strength Index (RSI) is at 62.99, indicating positive upside momentum without being overbought. With no immediate technical resistance, traders will closely monitor price action above the $100.51 support level to determine whether the bullish trend can continue or if a correction may occur.",
  "summary": "West Texas Intermediate (WTI), futures on NYMEX, retreats from its five-month high of $103.28 to near $100 on Monday. The oil price comes under pressure as investors turn cautious ahead of key monetary policy announcements from a number of global central banks.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}