Wti stock forecast based on recent market data

Based on recent market data, the "WTI stock forecast" reflects a potential trading range of $77.50 to $81.90 over the next two weeks. Hedge fund net-long positions increased by 8%, hinting that institutional sentiment is leaning toward higher prices as summer driving season demand peaks. The government shutdown means a delay in the release of government reports, including Thursday's weekly jobless claims report and Friday's monthly payroll report.  A prolonged shutdown could also delay the government's inflation data, scheduled for release on October 15. Cumulative number of workers to be fired due to COVID-19 Japan 2023, by industry Market chatter around the "WTI stock forecast" revolves around the tightening Brent-WTI spread, which has narrowed to $3.10, suggesting stronger domestic crude competitiveness. Traders are eyeing consolidation around $79 before the next directional move.