West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $78.00 on Thursday.
WTI price jumps above $78.00 in Thursday’s early Asian session. Rising Middle East tensions and falling US inventories boost the price of WTI . The weaker demand in China might cap the WTI ’s upside. West Texas Intermediate , the US crude oil benchmark, is trading around $78.00 on Thursday. WTI price edges higher amid the fear of wider geopolitical risks after the assassination of a Hamas leader in Iran, and a sharp fall in US crude inventories.
influence the price of WTI Oil? decides to lower quotas, it can tighten supply, pushing up Oil prices. When
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