West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $72.50 on Thursday.
WTI price rebounds near $72.50 in Wednesday’s early Asian session. Fear of a wider Middle East war might cap the WTI ’s downside in the near term. Worries over Chinese demand might drag the price lower. West Texas Intermediate , the US crude oil benchmark, is trading around $72.50 on Thursday. WTI price recovers its recent losses amid concerns about escalating geopolitical tensions in the Middle East. However, deteriorating macroeconomics might cap the upside for black gold in the near term.
influence the price of WTI Oil? decides to lower quotas, it can tighten supply, pushing up Oil prices. When
WTI Macroeconomics Commodities
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Finnovex Middle East 2024: Beyond Boundaries – Reinventing Finance Through Hyper Connected Ecosystems in the Middle EastFinnovex Middle East 2024: Beyond Boundaries – Reinventing Finance Through Hyper Connected Ecosystems in the Middle East
Read more »
WTI sticks to modest intraday gains amid Middle East tensions, remains below $77.00 markWest Texas Intermediate (WTI) US crude Oil prices kick off the new week on a positive note and reverse a part of Friday's heavy losses back closer to the lowest level since June 10, around the $75.75 region touched the previous day.
Read more »
WTI bounces back to near $77 on upside risks to widening Middle East woesWest Texas Intermediate (WTI), futures on NYMEX, rebound to near $77.00 in Monday’s European session after plunging to near $76.00 on Friday.
Read more »
WTI recovers further from nearly two-month low, climbs to $75.25 amid Middle East worriesWest Texas Intermediate (WTI) US crude Oil prices tick higher during the Asian session on Wednesday and moves away from the lowest level since June 6, around the $74.25 area touched the previous day.
Read more »
WTI rises toward $76.00 as Middle East tensions heighten the Oil supply concernsWest Texas Intermediate (WTI) crude Oil price trades around $75.70 per barrel by the press time.
Read more »
WTI holds above $78.00 amid escalating Middle East tensionsWest Texas Intermediate (WTI), the US crude oil benchmark, is trading around $78.00 on Thursday.
Read more »