WTI Crude Oil Hovers Near Two-Month Low, Vulnerable Below $85.00

West Texas Intermediate (WTI) crude oil is unable to draw meaningful buying interest, lingering near a two-month low last seen in mid-April. The benchmark US grade touched its weakest point since April 17 during the Asian session and has since stayed under pressure.

Technically, the price remains vulnerable below the $85.00 level and the 100-day simple moving average (SMA). A sustained break below these thresholds could open the door to further downside. Traders are watching for any catalysts that might reverse the current bearish bias.

No fresh fundamental triggers have emerged to shift sentiment, leaving the commodity exposed to continued selling pressure in the near term.