This report is provided by MacroTerms.com

Data as of: 2026-10-22 · Settlement: Exchange final daily settlement
Generated: 2026-10-22 07:08:00 · Benchmark settle: 2026-10-21
Body, Best Trade and charts share the same settlement snapshot; intraday live prices are not part of conclusions

Pre-Open Brief 2026-10-22 — WTI settles 97.71 (-4.01%)

1) WTI settled 97.71 (-4.01% d/d, settle 10-21) after a 5D +2.76% run; Asia at 06:45 last 98.19 (-3.54% vs settle) broke NEXT S1 at 98.39, flipping the view from Cautious to Bearish.
2) Brent 108.79 (settle 10-20) Asia +1.08% to 109.97, holding above R1 111.86; WTI-Brent spread -7 (10-20) at 5% 1Y percentile.
3) Gold 4150 (settle 10-21, +0.18%) ranges 4128-4166.3 (NEXT S1-R1); silver 57.71 (-0.5%) with IV-RV +2.0 vol pts.