Weekly market structure Final
WTI crude oil this week: 2–8 November 2026
WTI fell 11.9 % over the week, from 102 to 90, in a 18.4 % range: wider than 77 % of all weeks since January 2026. Price traded below the lower wall on 5 days; the deepest of those was 87 on Wednesday.
The week on one line
Day by day
| Day | Close | Change | Range | What stood out |
|---|---|---|---|---|
| Mon 2 | 96 | −5.67 % | 7.8 % | The week's high, 103, came here; traded below the lower wall (96) and closed back above it; traded above the upper wall (96) |
| Tue 3 | 97 | +0.17 % | 5.8 % | Traded above the upper wall (97); a 2,801 WTI bid wall at 96 was pulled in New York |
| Wed 4 | 88 | −8.61 % | 11.5 % | Traded below the lower wall (88) and closed back above it; traded above the upper wall (88); a 5,265 WTI ask wall at 97 was eaten in Asia |
| Thu 5 | 91 | +3.25 % | 5.5 % | The week's low, 87; traded above the upper wall (91) |
| Fri 6 | 90 | −1.14 % | 3.7 % | Traded below the lower wall (90) and closed back above it; traded above the upper wall (90) |
| Sat 7 | 90 | +0.17 % | 1.3 % | Traded below the lower wall (90) and closed back above it; traded above the upper wall (90) |
| Sun 8 | 90 | −0.15 % | 3.5 % | Traded below the lower wall (90) and closed back above it; traded above the upper wall (90) |
Sessions
London moved the most, with an average range of 2.86 %, against 2.65 % in New York and 1.79 % in Asia.
Asia saw the most walls eaten (1), New York the most pulled (1).
Liquidity walls
Across the three sessions, 1 walls were eaten, 1 were pulled before price reached them and 0 held. The largest: a 5,265 WTI ask wall at 97, eaten on Wednesday; a 2,801 WTI bid wall at 96, pulled on Tuesday.
Positioning
The upper wall moved from 96 to 90. The lower wall moved from 96 to 90. The estimated flip moved from 96 on Monday to 90 on Sunday, and price ended the week above it.
What history shows after a wide week
In the 11 weeks since January 2026 with a range this wide (the widest quarter), the following week was narrower in 82 % of cases. Its median range was 15.1 %, against 10.8 % for all weeks. Past behavior, not a prediction.
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