WTI December Crude Settles Down 4.38% at $86.85 a Barrel

The move matters less for its size than for its technical placement: WTI has already surrendered its 50-day average and is now pressing toward the 100-day, a level that has framed prior pullbacks. The synchronized drop in Abu Dhabi Murban shows this is a broad crude repricing rather than a WTI-specific squeeze, with the softer gasoline and heating oil settlements hinting at demand-side caution across the barrel. Whether the 100-day average holds as support is the open question, and a decisive break would suggest the recent range is giving way.