WTI Crude Faces Heavy Sell Pressure as Traders Short Near Resistance Level

At 4:00 PM GMT on Thursday, WTI crude slipped 0.73% to $97.25, while Brent fell 0.54% to $105.35. The decline comes as traders have piled into short positions at the key resistance zone, driving a heavy sell sentiment. Gold edged up 0.27% to $4,181.83, silver gained 1.19% at $57.84, copper rose 0.84% to $6.612, aluminum climbed 0.78% to $3,008.35, and natural gas dropped 1.61% to $3.184. The market remains cautious as investors weigh supply concerns and geopolitical developments.