West 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.
WTI attracts some buyers amid geopolitical risks stemming from conflicts in the Middle East. September Fed rate cut expectations undermine the USD and further benefit the commodity. Worries about slugging demand in China keep a lid on further gains ahead of the Fed meeting. West Texas Intermediate 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.
influence the price of WTI Oil? decides to lower quotas, it can tighten supply, pushing up Oil prices. When
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