WTIUSD

The most critical development for energy markets today will be the weekly U.S. crude oil inventory data to be released. The market consensus is that inventories will decrease by approximately 2.4 million barrels. A stronger-than-expected decline could strengthen demand perception and trigger an upward movement in WTI prices; meanwhile, an unexpected increase in inventories or a weaker-than-expected decline has the potential to fuel demand concerns and create downward pressure on prices.