WTI
94.236
Today
+2.12%
5 Days
-1.81%
1 Month
+13.21%
6 Months
-6.30%
Year to Date
+64.50%
1 Year
+45.27%
Key Data Points
Opening Price
93.156Previous Closing Price
92.307WTI Trading Strategy
Trading Strategy
Long positions above 79.90 with targets at 84.50 & 86.20 in extension.
Alternative scenario
below 79.90 look for further downside with 78.90 & 77.80 as targets.
Comment
long positions above 79.90 with targets at 84.50 & 86.20 in extension.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $93.05 during the early Asian trading hours on Monday. WTI rises following US President Donald Trump’s rejection of an Iranian peace deal.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – struggles to capitalize on a modest gap-up open on Monday as traders opt to wait for further developments surrounding the Middle East crisis before placing fresh bets.
The price of the US benchmark West Texas Intermediate (WTI) barrel has stabilised above $91.00 on Friday, with the reversal from Thursday’s highs, near $96.00, losing momentum.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – extends the previous day's late pullback from the $95.80 area and drifts lower through the Asian session on Friday.
• WTI crude oil prices dropped due to easing Middle East supply disruptions. • U.S. crude inventories expanded unexpectedly, adding downside pressure to front-month futures. • Technical indicators show neutral signals alongside a sell condition for Williams %R.
West Texas Intermediate (WTI) oil price declines after two days of gains, trading around $92.60 per barrel during Asian hours on Friday.
