WTI climbs nearly $3 per barrel amid Monday's Crude Oil surge. Crude rising on Middle East geopolitical tensions, fears of cross-border spillover. Obscure hopes for rising Crude Oil demand in the future also pressuring barrel bids.
influence the price of WTI Oil? decides to lower quotas, it can tighten supply, pushing up Oil prices. When
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Crude Oil roils on Wednesday after EIA prints another weekly buildup in US Crude Oil StocksWest Texas Intermediate (WTI) US Crude Oil tumbled back to $80.00 per barrel on Wednesday after the Energy Information Administration (EIA) reported another unexpected increase in week-on-week US Crude Oil Stocks Change, kicking the legs out from beneath barrel traders that were hoping for a net decrease in US Crude Oil supplies.
Fuente: FXStreetNews - 🏆 14. / 72 Leer más »
Crude Oil extends recovery, WTI tests $75.50West Texas Intermediate (WTI) US Crude Oil recovered to $75.50 per barrel in thin market trading on Thursday, regaining recently-lost ground as energy traders try to shake off looming oversupply threats to focus on rising hopes of a Federal Reserve (Fed) rate cut in the third quarter.
Fuente: FXStreetNews - 🏆 14. / 72 Leer más »