Natural Gas and Oil Forecast: Hormuz Risk Looms as Oil Seesaw Continues; Can Bulls Hold the Line $90?

WTI crude is trading near $92 as tensions in the Strait of Hormuz and unexpected U.S. inventory shocks are driving renewed oil volatility. Geopolitical "whiplash" combined with inventory-driven supply surprises is increasing price swings and risk premia for energy markets, posing heightened short-term risk for commodity and energy sector exposures.

Analysis

WTI crude is trading near $92 as tensions in the Strait of Hormuz and unexpected U.S. inventory shocks are driving renewed oil volatility. Geopolitical "whiplash" combined with inventory-driven supply surprises is increasing price swings and risk premia for energy markets, posing heightened short-term risk for commodity and energy sector exposures.