WTI is trading in a controlled consolidation range as markets wait for key US economic data (ISM Services PMI and JOLTS). Price action remains supported by a strong weekly gain, but momentum is cooling ahead of fresh demand signals.

🔑 Key Points
Range-bound structure: WTI is rotating between support near 105.00–104.25 and resistance around 107.50, with 106 acting as the main pivot.
Demand in focus: US services and labor data will decide whether fuel demand strength continues or starts to fade.
Shipping still active: Freight stress, strong product tanker performance, and rising export flows keep physical supply dynamics tight.

🚢 Flow & Market Drivers
Product tankers remain the strongest segment, signaling steady refined fuel demand.
Crude tankers are slightly weaker, showing uneven flow dynamics.
LNG and gas markets stay supportive, reinforcing broader energy strength.

📊 Outlook
WTI is in a waiting phase before US data confirmation.
Above 107.50 → bullish continuation possible
Below 105.00 → deeper correction risk
106 remains the key decision zone