{
  "id": 9701873,
  "title": "WTI Price Forecast: Slips below $92.00 amid Iran diplomacy hopes; bullish potential intact",
  "url": "https://urgent.news/2026/09/25/wti-price-forecast-slips-below-92-00-amid-iran-diplomacy-hopes",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T04:42:41.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/wti-price-forecast-slips-below-9200-amid-iran-diplomacy-hopes-bullish-potential-intact-202609250442"
  },
  "original_language": "en",
  "account": "West Texas Intermediate (WTI) crude oil prices slipped below $92.00 amid hopes for improved Iran-U.S. diplomatic relations. The benchmark U.S. crude price, currently trading near $91.90, has dropped 2.0% on the day. This decline comes after a two-day winning streak, as supply concerns ease with the possibility of Iran reopening the Strait of Hormuz in exchange for Washington lifting its economic blockade of Iran. However, a Houthi missile attack on Saudi Arabia maintains elevated geopolitical risks. From a technical standpoint, crude oil prices remain above the 200-period Simple Moving Average (SMA) and the 38.2% Fibonacci retracement level of the July-September rally. The Moving Average Convergence Divergence (MACD) indicator turns positive, indicating improving bullish momentum. Traders should watch the 200-period SMA near $88.99 and the 38.2% Fibonacci retracement at $88.59 for support. Any further decline may find support at the 50.0% Fibonacci level at $84.47 and continue lower toward $80.35, $74.48, and $67.01. On the upside, resistance initially lies at the 23.6% Fibonacci level at $93.68, with further gains possible if the price breaks above this level.",
  "summary": "West Texas Intermediate (WTI) – the benchmark US Crude Oil price – extends the previous day's late pullback from the $95.80 area and drifts lower through the Asian session on Friday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Silver Price Forecast: XAG/USD remains steady near $94.00 as oil prices ease",
        "url": "https://urgent.news/2026/09/25/silver-price-forecast-xag-usd-remains-steady-near-94-00-as-oil-prices",
        "published": "2026-09-25T03:00:44.000Z"
      }
    ]
  },
  "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."
}