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WTI

WTI Crude Gains 3% on Tight Supply

Following days of falling prices, U.S. benchmark crude oil prices are trading up 3% on Wednesday on sentiments of tight supply and signals from the Federal Reserve that we can still anticipate interest rate cuts in 2024. At 11:40…

WTI, Brent down on Gaza truce proposal

Hamas political leader Ismail Haniyeh said Tuesday that the militant group was studying a proposal to pause fighting in Gaza for the the release of more hostages, according to the New York Times.Traders are also monitoring how the U.S.…

WTI Crude Oil: Weekly Forecast 26th November

Last week’s trading produced a rather tight range; neither the high or low in WTI Crude Oil seriously challenged the previous week’s wide value realms. The cash price of WTI Crude Oil went into the weekend near the 75.561 USD ratio, this…

WTI Crude Oil: Weekly Forecast 5th November

The price of WTI Crude Oil has moved lower again and is now testing values seen in late August of this year, this as speculators consider fundamentals and behavioral sentiment.WTI Crude Oil went into the weekend below the 81.000 USD…

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