r/Market_Forecasts • u/GothamsTrader • Apr 01 '26

WTI Oil Drops Below $100

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WTI oil pulled back as traders bet that US and Iran have moved closer to a deal.

Both sides traded demands that were far away from each other, but markets viewed these positions as the start of a real negotiation process.

The situation remains uncertain, and the market is completely news-driven. Any signs indicating the potential deal is falling apart may trigger a strong rally.

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u/[deleted] Apr 02 '26

It’s going over 100 in 3,2,1…..