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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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WTI Price – Bulls retain control near 38.2% Fibo.; move beyond $83.00 awaited
WTI trades with a positive bias for the third straight day, close to a nearly two-week high. The US-Iran standoff…
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WTI Price Forecast: Refreshes weekly high at $82.70 as oil supply uncertainty deepens
The Oil price posts a fresh weekly high near $82.70 amid uncertainty over the Strait of Hormuz reopening. US President…
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WTI comes off from day’s high as investors seeks clarity on Hormuz reopening
The Oil price retreats from the day’s high to near $77.55, but is still holding significant intraday gains. Iran wants…
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Uncertainty Over Reopening of Strait of Hormuz Lifts Crude Prices
September WTI crude oil (CLU26) closed up +0.89 (+1.15%) on Friday, and September RBOB gasoline (RBU26) closed up +0.0468 (+1.59%).…
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Oil climbs back above $80 per barrel
Oil recovers on Iran-Oman talks and Ukrainian attacks on Russian refineries Oil prices are moving higher during Thursday’s session as…
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WTI trades with positive bias below mid-$79.00s on Iran uncertainty, supply concerns
WTI gains some positive traction on Tuesday amid the uncertainty over US-Iran peace talks. The US-Iran standoff over the Strait…
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WTI Price Forecast: More pain likely if fails to hold $77
The oil price faces intense selling pressure as Iran agrees to reopen the Strait of Hormuz. Oil prices rally over…
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Supply Disruptions Underpin Crude Oil Prices
Crude oil prices rose on Friday despite no fresh attacks by the US and Iran against each other. However, Houthi leader…
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WTI falls to near $80.50 on profit-taking, increased traffic through Strait of Hormuz
WTI slumps to near $80.50 in Friday’s early European session, down 2.60% on the day. Signs of increased oil tanker…
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Further escalation and tense situation do not drive oil further
The oil market is experiencing extreme volatility as a result of the armed conflict between the US and Iran. Although…
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