WTI Oil
WTI Crude Oil is extracted from fields located in Texas, North Dakota, and Louisiana of the United States.
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OIL – EIA points to a deeper supply shock than expected
Oil prices remain highly sensitive to developments in the Middle East, with Brent and WTI still holding around 100 USD…
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China, Saudi Aramco and Oil – What’s Next?
One of the most striking developments in recent months is how completely sentiment and expectations have diverged – clearly visible…
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WTI drifts higher above $95.50 on US-Iran tensions, Strait of Hormuz disruption fears
WTI price gains ground to near $95.70 in Tuesday’s early Asian session. Escalating US-Iran tensions and Strait of Hormuz disruptions…
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WTI rises above $95.50 as Trump rejects Iran’s proposal
WTI gained after Trump rejected Iran’s proposal, keeping the Strait of Hormuz effectively closed. Drone strikes hit a cargo ship…
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WTI declines as US-Iran deal hopes and Hormuz outlook weigh on Oil
WTI drops over 2% as US-Iran deal speculation builds. Traders focus on Hormuz headlines and Tehran’s pending response. Strong US…
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WTI falls below $93.50 on hopes of strait of Hormuz reopening
WTI price falls to near $93.25 in Thursday’s early Asian session. The prospect of reopening the vital Strait of Hormuz…
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WTI Crude Oil tumbles as prospective US-Iran accord eases Strait of Hormuz fears
WTI plunges around $91.00 on Wednesday, down 8.91% on the day, after Axios reported a possible agreement between the United…
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WTI Price Forecast: Seems vulnerable near mid-97.00s; break below 38.2% Fibo. awaited
WTI drifts lower for the second straight day amid the optimism over a potential US-Iran peace deal. The overnight breakdown…
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WTI stays below $102.00 as US Navy moves to restore Hormuz shipping
WTI declines as supply disruption fears ease, with the US Navy moving to reopen the Strait of Hormuz. Maersk said…
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WTI Jumps as Hormuz Threats Rise
WTI crude oil futures jumped more than 3% to above $105 per barrel on Monday as Middle East tensions intensified,…
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