U.S. crude oil recovers after decline

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Anton Kharitonov

09.04.2026

U.S. crude oil recovers after decline — WTI rebounds; Mideast tensions keep crude at risk

Amid conflicting news signals regarding the situation in the Middle East, as well as ahead of upcoming US-Iran talks, the decline in U.S. WTI crude prices was limited by support in the $93.00-92.00 per barrel area.

After finding support in this zone, WTI prices were able to break above resistance in the $98.00-99.00 range and continued rising toward $100.50 per barrel. If this level is broken, further gains toward $102.00-104.00 per barrel should be expected.

The current recovery may be viewed as a selling opportunity. However, bears should remain highly cautious, as the situation in the Middle East remains unstable. Any further escalation could trigger another wave of growth in oil prices.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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