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WTI Oil
WTI Crude Oil is extracted from fields located in Texas, North Dakota, and Louisiana of the United States.
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Geopolitical Noise vs. Hard Data: What is Really Happening in the Oil Market?
The recent correction in oil prices, which at one point reached as much as 8% this week, is driven by…
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Oil reverses declines despite Trump’s assurances, while Wall Street awaits Nvidia’s judgment report
It is clear that Wall Street investors are unsure of what to expect in the near future. Volatility in recent…
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WTI slips below $85.00 as traders take profits before new US sanctions on Iran
Investors take profits ahead of stricter US sanctions targeting Iranian oil exports and trading partners. Middle East tensions and Strait…
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WTI consolidates around $86.00; bulls potential intact amid US-Iran impasse
WTI steadies following the previous day’s late pullback from a three-week high. The US-Iran standoff over the Strait of Hormuz…
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WTI Price Sits near three-week high, below $85.00 as bulls eye 100-SMA breakout
WTI sticks to a positive bias for the fourth straight day and climbs to a nearly three-week high. The US-Iran…
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WTI Price Bulls retain near two-week top, above $84.00 and 38.2% Fibo.
WTI is seen consolidating its recent move higher to a two-week top, set earlier this Tuesday. Supply concerns stemming from…
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Crude Prices Higher as Iran Continues to Disrupt Vessel Traffic in Strait of Hormuz
September WTI crude oil (CLU26) on Friday closed up +1.15 (+1.42%), and September RBOB gasoline (RBU26) closed up +0.0561 (+1.79%).…
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Crude Extends Gains to 5% This Week
Crude oil rose to $81.8 a barrel on Friday, gaining nearly 5% this week as the US increased economic pressure…
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WTI Oil rebounds as supply tensions overshadow demand concerns
WTI Oil rises 0.40% on Friday after two days of correction, supported by persistent concerns over energy supply disruptions. Iran…
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Oil declines under the weight of inventories
Brent Crude loses over 1% due to long-term forecasts and an unexpected increase in US commercial inventories Oil prices are…
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