WTI Crude Oil — Live Price
LIVE
$89.25
$-0.78
(-0.87%)
Brent Crude
$92.17
WTI–Brent Spread
$-2.92
Normal
Support
$89
— now —
Resistance
$90
Macro Indicators EOD DATA
DXY EOD
iUS Dollar IndexMeasures USD strength against 6 major currencies.Crude is priced in USD globally. When DXY falls, it takes more dollars to buy oil = supports crude price. Strong inverse relationship.
120.08
+0.60% 1D
Bearish gold
10Y Yield EOD
iUS 10-Year Treasury YieldThe global risk-free rate benchmark.Rising yields = strong USD = crude headwind. Also signals growth expectations — rising yields in a growth environment can be crude neutral. Rising yields on recession fears = bearish crude.
4.530%
-3.0bps
Softening — Supportive
WTI–Brent Spread
iWTI vs Brent SpreadWTI normally trades $2–6 below Brent (WTI discount).Spread tightening (WTI rising toward Brent) = US supply tightness = bullish WTI signal. Spread widening past $8 = WTI oversupplied or export bottleneck.
$-2.92
WTI minus Brent
Normal
S&P 500 EOD
iS&P 500 IndexBenchmark for 500 largest US companies.Unlike gold, crude is POSITIVELY correlated with S&P. Rising S&P = risk-on = economic growth = fuel demand = crude bullish. S&P falling = recession fear = demand destruction = crude bearish.
7,315
+0.67% 1D
Risk-On
VIX — Fear Index
iCBOE Volatility IndexMeasures expected market volatility — the "fear gauge".Unlike gold, HIGH VIX is BEARISH for crude — fear = recession = demand destruction. LOW VIX = growth optimism = fuel demand = crude bullish. Opposite to gold's relationship.
21.7
-2.16% 1D
Demand Fear
INR/USD EOD
iIndian Rupee / US DollarHow many rupees per US dollar. Critical for MCX crude traders.MCX Crude price = NYMEX WTI × USD/INR. INR weakening = MCX crude goes up in rupee terms even if WTI is flat. India is the 3rd largest oil importer — INR moves have big MCX impact.
₹95.79
+0.45% 1D
INR Weak ↑ MCX
India 10Y G-Sec EOD
iIndia 10-Year Government Bond YieldRBI policy benchmark and FII bond flow indicator.India imports ~85% of its crude. Rising India yields = RBI tightening = INR support. Falling yields + FII outflows = INR weakening = MCX crude gets more expensive in rupees. Watch spread vs US 10Y.
6.840%
+7.0bps
Normal Range
Silver XAG EOD
iSilver PricePrecious and industrial metal — 50%+ industrial use.Silver and crude both respond to industrial demand. Both rising together = strong global growth signal. Silver falling with crude = broad commodity sell-off, watch for continuation.
$64.19
-0.63% 1D
Ref
EIA Inventory WEEKLY
iEIA Weekly Crude StocksUS Energy Information Administration — weekly crude oil inventory report. Released every Wednesday ~10:30am ET (10pm IST).Draw (stocks falling) = demand outpacing supply = BULLISH crude. Build (stocks rising) = oversupply = BEARISH crude. This is the single biggest weekly catalyst for oil prices.
Set EIA_API_KEY in .env — free at eia.gov/opendata
🇮🇳 India vs USA Macro
EOD · MCX Trading Intelligence
🇺🇸 US 10Y Yield
4.530%
-3.0bps
Softening — Supportive
🇮🇳 India 10Y G-Sec
6.840%
+7.0bps
Normal Range
India–US Spread
+2.31%
India 10Y minus US 10Y
Carry Attractive
₹ INR/USD Rate
₹95.79
+0.45% 1D
INR Weak ↑ MCX
🇮🇳 India CPI YoY
3.0%
Target 4.0% | Gap: -1.0%
Below Target
RBI Repo Rate
6.00%
MPC rate — bi-monthly
Known Value
Real Policy Rate
3.00%
Repo − CPI
Restrictive
India Yield Curve
No 2Y data
India 2Y unavailable
RBI RATE PROBABILITY ENGINE — Next MPC Meeting
Bias: Cut
• CPI 3.0% well below 4% target — strong easing case.• Real rate 3.0% is moderately restrictive.
→ RBI cutting → INR softens over time → MCX gold structurally bid above COMEX.
WTI Key Price Levels
PDH — Prev Day High
$91.87
PDL — Prev Day Low
$87.39
PWH — Prev Week High
$97.00
PWL — Prev Week Low
$88.45
PMH — Prev Month High
$109.47
PML — Prev Month Low
$86.35
ATH — All Time High (3Y)
$119.48
Trading Sessions (IST)
Asian
06:30 – 14:30 IST
London
14:30 – 18:30 IST
NY Open
19:30 – 23:30 IST
NY Close
23:30 – 01:30 IST
NY Open in 0h 3m
Economic Calendar — USD High Impact
18:00 IST
Core PPI m/m
Exp: 0.5%
Prev: 1.0%
18:00 IST
PPI m/m
Exp: 0.7%
Prev: 1.4%
COT — Crude Speculative Positioning WEEKLY
+368,904
net long contracts
Large Spec Longs487,606
Large Spec Shorts118,702
Net Change (WoW)
-4,511
Report Date2022-02-01
Longs Decreasing
My Trade Bias — Crude Oil WTI
Macro Regime
Demand Destruction
Risk-off fear driving recession expectations — crude sold off
40%
confidence
Bullish Drivers
Calendar
Clear 3h window
Bearish Drivers
DXY
Rising +0.60%
VIX
Elevated 21.7 — Bearish
S&P 500
Risk-Off +0.67%
⚠ Invalidation Conditions
S&P stabilizes — recession fears fade, demand outlook improves
VIX drops below 15 — risk appetite returns
OPEC+ emergency cut — supply shock overrides demand fear
EIA
0
No data
DXY
−1
Rising +0.60%
VIX
−1
Elevated 21.7
Calendar
+1
Clear 3h window
Price
0
$89.25 in range
COT
0
Longs declining
S&P 500
−1
Falling +0.67%
Yield Curve
0
Flat +42bps
Total
-2 Bearish
Leaning Bearish — manage risk carefully
Study the EIA data, COT positioning, and macro — what is your read?
Log your bias daily. Mark outcomes to track your accuracy over time.
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