Commodities Category

WTI Rises Toward $70.00 on China Stimulus Hopes and New EU Sanctions Against Russia West Texas Intermediate (WTI), the US crude oil benchmark, edged higher on Thursday, trading near $69.95. The price gains are driven by expectations of further Chinese economic stimulus and concerns over tighter global crude supplies stemming from new sanctions on Russia

WTI Rebounds from Multi-Week Low, Nearing Mid-$67 Range West Texas Intermediate (WTI) crude oil shows signs of resilience early this week, recovering from a three-week low touched on Friday. The commodity trades just below the mid-$67.00 range, posting a modest 0.60% gain for the day and snapping a three-day losing streak. OPEC+ Supply Moves and

WTI Crude Remains Pressured Below $68.50 as Markets Await OPEC+ Meeting West Texas Intermediate (WTI) crude oil prices remain under modest selling pressure for the second consecutive day on Thursday, erasing a significant portion of weekly gains. During the Asian session, WTI trades below $68.50, down 0.30% for the day, with downside risks cushioned ahead

WTI Crude Oil Prices Dip Below $68.50 Amid Stronger USD and Anticipation of OPEC+ Meeting West Texas Intermediate (WTI) crude oil is trading near $68.25 on Monday, pressured by a strengthening US Dollar (USD) and ongoing market uncertainty. A firmer USD, which makes USD-denominated commodities like oil more expensive for holders of other currencies, weighs

WTI Steadies Above $68.50 Amid Surprise Crude Draw and Ceasefire Developments West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.65 as of Wednesday. The price remains stable, supported by an unexpected draw in US crude inventories, which offsets the potential bearish impact of a ceasefire agreement between Israel and Hezbollah. Trading