WTIUSD

On one hand, the government shutdown and weak leading indicators (ISM, Consumer Confidence) raise concerns about a slowdown in the US economy. This situation puts pressure on oil prices, as it means a decrease in demand from the world's largest oil consumer, potentially pushing prices towards the level of 59.244 (Support 1). On the other hand, the political moves by the White House (fund cuts, aggressive rhetoric) could increase geopolitical risk, adding a "risk premium" to oil prices. Oil will be caught in a trajectory between concerns of economic slowdown and the rising political risk premium. The Crude Oil Stocks data may provide a clearer signal to determine the direction in this complex environment.