WTI Oil price gains ground after PBoC keeps interest rates unchanged on Monday. Oil prices may struggle possibly due to the hawkish remarks from the Fed officials. Crude...
WTI testing towards $80 per barrel as energy markets step higher. Risk appetite is on the rise, bolstered by rate cut hopes. Easing US inflation data...
WTI trades inside Thursday’s trading range ahead of PBoC’s interest rate decision. The oil demand outlook has improved as US inflation softens as expected in April....
WTI prices gains traction near $78.90 on Friday. The softer US April inflation data, Fed rate cut expectations, and a drop in US crude inventories boost the black gold. The...
WTI price appreciates due to the potential for supply disruptions amid Canadian wildfires. The API Weekly Crude Oil Stock dropped 3.104 million barrels, below the forecasted...
WTI Oil price remains firmer due to uncertainties surrounding Oil supply amid wildfires in Canada. The WTI price may face challenges as Fed officials have suggested...
WTI prices gain momentum to one-week highs near $79.30 on Friday. Rising demand optimism in China and the ongoing Middle East geopolitical tensions lift WTI prices. ...
WTI price edges higher to $78.95 on Thursday. US crude stocks fell 1.4 million barrels last week, according to the EIA. The hopes of a ceasefire in Gaza...
WTI prices remained slightly on the defensive near $78.00 on Wednesday. The easing fear of oil supply disruption caps the upside of black gold for the time...
WTI price could appreciate due to fear over supply risk amid escalated tension in the Middle East. Israel conducted a strike on Rafah in Gaza during...
WTI softened further, extended backslide to $78 per barrel. Ceasefire talks drag down Crude Oil bets. US Crude Oil production remains thorn in barrel market’s side....
WTI price gained ground after Saudi Arabia increased the Official Selling Prices (OSPs) for Oil sold to most regions. OPEC+ producers are prepared to prolong voluntary output...
WTI prices loses momentum near seven-week lows of $79.20 on Thursday. A surprise build in US crude stocks weighs on black gold prices. WTI prices edge...
WTI drifts lower on Monday amid concerns about slowing fuel demand. Geopolitical risks remain in play and should help limit any further losses. Traders now await...
The WTI price depreciates on a weaker demand outlook following US GDP data released on Thursday. US Treasury Secretary Janet Yellen said that US GDP growth...
WTI edges lower to $82.45 on Thursday as the fear of wider war in the Middle East eased. Higher bets that the US Fed will delay rate cuts...
WTI loses momentum to nearly one-month lows of $82.00 on Tuesday. Easing tensions between Israel and Iran limits the WTI’s downside. A large build in the US stockpile in...
WTI snaps the three-day winning streak near $85.00 on Friday. Israel retaliates as missiles strike a site in Iran, boosting the black gold price. The expectation...
Risk-aversion is in full swing across the financial markets after ABC News confirmed reports that Israeli missiles struck a site in Iran, leading to further escalation...
WTI trades in negative territory for the third consecutive day near $82.25 on Thursday. A rise in US crude inventory and a higher possibility of delay...