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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 holds above $85.50 as Middle East risks tighten global supply
WTI advances due to resumed US-Iran strikes and threats to Kharg Island, sparking intense energy supply concerns. A supertanker mine…
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Chart of the Day: Middle East escalation boosts oil prices
Crude oil has once again become a hostage of geopolitics. Attacks in the Persian Gulf region and increasing restrictions on…
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WTI rises to near $84.50 as IRGC claims supertanker struck by mines in Hormuz
WTI jumps after Iran claims a supertanker hit naval mines in the Strait of Hormuz. Iran launched missile barrages toward…
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Dollar Strength and Increased Middle East Oil Flows Weigh on Crude Prices
October WTI crude oil (CLV26) closed down -0.13 (-0.16%) on Friday, and October RBOB gasoline (RBV26) closed up +0.0598 (+2.00%).…
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WTI Price – Bears have the upper hand below $82.10-$82.15 confluence hurdle
WTI drifts lower on Thursday amid fresh optimism over the reopening of the Strait of Hormuz. However, the geopolitical risk…
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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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