Crude Update
WTI is up +3%, strengthening the bullish tone within this consolidation phase. The bigger picture: (60m) Intraday: (3m) This smaller consolidation appears to be anticipating the outcome of the ongoing trilateral Ukraine-Russia-U.S. talks in Abu Dhabi (kicked off today, January 23, 2026, and continue tomorrow), though I think that’s less likely to be a catalyst….
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