WTI Crude Oil futures pull back to $91 as volatility eases.

WTI Crude Oil futures traded lower, coming off weekly highs to decline about 1% and test the $91 level. Prices remain virtually unchanged on a week-over-week basis as recent market volatility eased. Selling pressure into the weekend stemmed from two primary factors: potential geopolitical discussions between Iran and the United States, which helped calm supply concerns, alongside indications that China plans to increase crude exports. Technically, crude futures remain bound within an established three-week range between a closing low near $88 and a high of $94.50. Sitting near $91, crude remains positioned in the middle of this range heading into the weekend.