WTI trades around $76.00 with an upside potential amid rising Middle-East tensions

Oil News

WTI trades around $76.00 with an upside potential amid rising Middle-East tensions
WTIMacroeconomicsCommodities
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 6 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

West Texas Intermediate (WTI) Oil price hovers around $76.00 per barrel during the Asian session on Monday.

WTI price may advance further due to escalating supply concerns amid Middle-East tensions. IDF intercepted around 30 projectiles that crossed from Lebanon into northern Israel early Monday. Oil prices gained ground due to positive economic data from China and the United States. West Texas Intermediate Oil price hovers around $76.00 per barrel during the Asian session on Monday.

influence the price of WTI Oil? decides to lower quotas, it can tighten supply, pushing up Oil prices. When

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

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.

WTI rises toward $76.00 as Middle East tensions heighten the Oil supply concernsWTI 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 »

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 EastFinnovex Middle East 2024: Beyond Boundaries – Reinventing Finance Through Hyper Connected Ecosystems in the Middle East
Read more »

WTI edges lower to near $74.00 despite supply concerns due to Middle East tensionsWTI edges lower to near $74.00 despite supply concerns due to Middle East tensionsWest Texas Intermediate (WTI) Oil retraces its recent gains from the previous session, trading around $74.00 during the early European hours on Thursday.
Read more »

WTI consolidates around mid-$74.00s amid US recession jitters/Middle East tensionsWTI consolidates around mid-$74.00s amid US recession jitters/Middle East tensionsWest Texas Intermediate (WTI) US crude Oil prices struggle to capitalize on the previous day's strong move up and oscillate in a narrow range during the Asian session on Thursday.
Read more »

WTI recovers to near $72.50 as fear of wider Middle East conflict spurs buyingWTI recovers to near $72.50 as fear of wider Middle East conflict spurs buyingWest Texas Intermediate (WTI), the US crude oil benchmark, is trading around $72.50 on Thursday.
Read more »

WTI falls to near $73.00 despite rising supply risks due to Middle East tensionsWTI falls to near $73.00 despite rising supply risks due to Middle East tensionsWest Texas Intermediate (WTI) crude Oil price trades around $73.10 per barrel, extending its losses to six-month lows on Monday.
Read more »



Render Time: 2025-04-07 12:00:08