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Macro

WTI Crude Settles 0.6% Higher at $86.53 a Barrel

December WTI crude futures settled up $0.49, or nearly 0.57%, at $86.53 a barrel, lifting the front-month contract off its lowest close since September 4 at $86.04. The 100-day moving average has risen to $84.15, providing support. December NYMEX natural gas settled at $3.2150 per million British thermal units, with gasoline at $2.6075 a gallon and heating oil at $4.2113 a gallon.

Original source

AI take

The move is modest, but the framing matters: a rebound off the lowest close since early September, with the rising 100-day average now sitting below price as a support reference. That combination suggests the pullback was absorbed rather than extended, though a single session does little to confirm a trend. The energy complex is the relevant read-through for tokenized commodity and RWA products tracking crude and gas benchmarks. Whether the front month holds above that moving average, and whether the rest of the complex follows, is the open question.

Generated by AI for reference only.

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