WTI crude remains under pressure, sliding 7% from its early-September peak as weak US labor data weighs on demand. A brief rebound to US$64.27, driven by a modest OPEC+ output hike and an increase in geopolitical risk premium, quickly lost steam. With resistance at US$64.10/64.36 holding, the short-term bias stays bearish, exposing support at US$61.30–60.10 ahead of key US consumer sentiment data later today.
12-09-2025 11:11 GMT
by Kelvin Wong
