WTI Holds Modest Gains, Trading Above Mid-$81 with Bullish Outlook Intact
WTI Holds Modest Gains, Trading Above Mid-$81 with Bullish Outlook Intact On Thursday, during the Asian trading session, West Texas Intermediate (WTI) US Crude Oil prices experienced a notable upturn, attracting buyers and reversing some of the downward movement seen the previous day. The commodity is currently trading around the $81.70 region, maintaining proximity to […]
WTI Stays Near $75 as OPEC+ Cut Expectations Persist
WTI Stays Near $75 as OPEC+ Cut Expectations Persist West Texas Intermediate (WTI), the benchmark for U.S. crude oil, has been hovering around the $75 mark, with prices on Tuesday noted at approximately $75.05. This current price level comes amid expectations that the Organization of the Petroleum Exporting Countries plus allies (OPEC+) may continue or […]
WTI Drops Below $85, Eyes US-Venezuela Oil Deal Amid Middle East Tensions
WTI Drops Below $85, Eyes US-Venezuela Oil Deal Amid Middle East Tensions The Western Texas Intermediate (WTI) oil price fell for the second consecutive day, trading at around $85.10 per barrel during the Asian session on Tuesday. This decline is attributed to reports suggesting that the United States and Venezuela may reach an agreement that […]