WTI Oil prices receive downward pressure as OPEC+ is likely to increase output by 180,000 barrels per day in December.The US has purchased 6 million barrels of oil for the
WTI price may appreciate amid rising supply fears following recent Israel’s attacks on Iranian-backed militant groups.The escalation of attacks in the Middle East is increasing the likelihood of Iran involving directly in the
The latest US jobs report and a speech by Fed Chair Jerome Powell may provide investors with some indications regarding the magnitude of the next Federal Reserve rate cut this
On Thursday, oil prices experienced a significant decline as a result of the potential for additional supply from Libya and Saudi Arabia, which surpassed the heightened tensions in the Middle
WTI prices could see an uptick due to rising fuel demand and declining stockpiles in the United States.EIA Crude Oil Stocks Change declined by 4.471 million barrels in the previous
WTI’s ability to establish any significant momentum on mixed fundamental indications have hinderedThe commodity is supported by the potential for further escalation of conflicts in the Middle East. Oil prices
WTI price appreciates due to possible supply disruptions amid mounting tensions in the Middle East.Hezbollah and Israel exchanged missile attacks, with the Lebanese militant group launching missiles deep into Israeli
WTI price drifts lower to near $70.80 in Friday’s Asian session. Ongoing Middle East geopolitical tensions, prospects of further Fed rate cuts this year could support the WTI price. The weaker oil
WTI holds positive ground near $70.35 in Tuesday’s Asian session. The impact of Hurricane Francine on oil output and firmer Fed rate cut bets support the WTI price. China demand worries might