WTI
88.639
Today
+0.40%
5 Days
-4.36%
1 Month
-1.96%
6 Months
-19.62%
Year to Date
+54.70%
1 Year
+46.79%
Key Data Points
Opening Price
88.239Previous Closing Price
88.292WTI 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) recovers on Tuesday as improving Middle East exports and planned G7 reserve releases offer only limited relief to markets, while a deadlock in US-Iran talks leaves shipping through the Strait of Hormuz exposed to security risks, keeping a significant geopolitical risk p
• Strategic reserve releases and normalizing exports drove WTI crude oil prices down. • Seasonal refinery maintenance and rising drilling activity increased short-term supply expectations. • Technical indicators show neutral MACD and RSI, with Williams %R suggesting oversold conditions.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – edges higher during the Asian session on Tuesday, reclaiming the $89.00 mark and snapping a two-day winning streak. The black liquid, however, remains close to a four-week low, touched last Friday, amid mixed fundamental cues.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $88.60 during the early Asian trading hours on Tuesday. WTI faces some selling pressure as rising Middle East crude exports and a release of oil stocks by the Group of Seven nations boost supplies.
US President Donald Trump signed an executive order to ease restrictions on the use of a tax-exempt variety of diesel, Bloomberg reported on Monday.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts sellers for the second straight day on Monday and sticks to its intraday losses around the $89.00 mark through the early European session.
