WTI
90.672
Today
+0.54%
5 Days
-1.44%
1 Month
-2.71%
6 Months
-1.24%
Year to Date
+58.23%
1 Year
+46.68%
Key Data Points
Opening Price
90.302Previous Closing Price
90.184WTI 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.
After a call with Russian President Putin, President Trump said Russia will immediately supply more than 300K tons of diesel to the US and global markets. He put the next shipments at 500K tons in November and 1 million tons after that.
West Texas Intermediate (WTI) Oil trades little changed on Friday as traders weigh easing fears of an immediate US-Iran military escalation against persistent supply risks in the Strait of Hormuz. At the time of writing, WTI trades around $90.65 per barrel, up 0.10% on the day.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts some follow-through selling on Friday, extending the previous day's pullback from a one-week high, around the $92.40 region.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $89.65 during the early European trading hours on Friday. WTI declines after US President Donald Trump said Washington would not attack Iran before November’s midterm elections.
China is set to resume refined fuel exports in October following a temporary suspension during the Golden Week holiday, Reuters reported on Friday. This move aims to help ease tight global diesel, gasoline and jet fuel markets.
West Texas Intermediate (WTI) oil price declines after posting nearly 2.5% gains in the previous day, trading around $90.30 per barrel during Asian hours on Friday.
