WTI jumps to $78.50 with a focus on global inflation data. The Fed is expected to announce rate cuts in the last quarter of this year....
WTI Oil price attempts to extend its gains due to a recovery in overall market risk sentiment. University of Michigan’s 5-year Consumer Inflation Expectations for May...
WTI bounced back above $77.50 in broad market sentiment rebound. Crude Oil markets are recovering despite ongoing concerns over US oversupply. Fed rate cut bets continue...
WTI Oil price extends losses possibly due to the hawkish remarks from Fed officials regarding maintaining higher rates for longer. The death of Iran’s President and...
WTI Oil price extends losses possibly due to the hawkish remarks from Fed officials regarding maintaining higher rates for longer. The death of Iran’s President and...
WTI briefly rose to $80.00 per barrel before falling back. US Crude Oil found its highest bids since the start of the month. Risk appetite struggles...
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...