WTI's Next Move: A Look at $80 by Month-End

Been watching WTI pretty closely lately. We've seen some good resistance around the mid-$70s, but the underlying demand narrative, even with current global headwinds, feels like it's holding up better than some expect. I'd put the odds of seeing WTI sustainably above $80 by month-end at around 60-65%. There's still a fair bit of geopolitical uncertainty simmering, which always adds a premium, and inventory draws continue to provide a floor.