The three-month downtrend phase of WTI crude oil from January 2025 has stalled at a major range support of US$65.40/barrel.
Oil prices were mixed but largely holding their ground, supported by geopolitical risks and supply concerns.
WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major types including Brent and Dubai Crude. WTI is also referred to as ...
WTI’s March futures slid to settle below $71 a barrel. Oil earlier spiked as much as 1% after US Treasury Secretary Scott Bessent told Fox Business that the US will seek to slash Iranian oil ...
WTI oil tests new highs as traders focused on potential supply disruptions from new U.S. sanctions on Russian oil. From the technical point of view, WTI oil climbed above the resistance at $77.00 ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. WTI crude oil jumped more than 2% to an eight-week high on Monday amid expectations of ...
“The decision to bring back more oil to market might only come if the US exerts more sanctions pressure on Iran amid potential negotiations.” WTI for April delivery slid 2.6% to $70.63 a ...
India’s state-owned refiner Bharat Petroleum Corporation Limited (BPCL) prepares to issue a tender to buy U.S. WTI crude in four ... regularly buy U.S. crude oil. Last year, BPCL awarded a ...