WTI
91.653
Today
-0.59%
5 Days
+3.85%
1 Month
-6.77%
6 Months
+1.36%
Year to Date
+60.01%
1 Year
+58.65%
Key Data Points
Opening Price
92.354Previous Closing Price
92.241WTI 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 $92.05 during the early Asian trading hours on Tuesday. WTI price edges higher after a deadly attack on Saudi Arabia’s airport in Riyadh.
West Texas Intermediate (WTI) Oil reverses course on Monday and climbs to a two-week high as doubts over a Russia-Ukraine energy ceasefire and supply concerns in the Middle East keep a geopolitical premium in energy markets.
• Middle East tensions and Gulf weather disruptions increase crude futures risk premiums. • US commercial crude inventories declined by over three million barrels. • Technical indicators show neutral MACD and RSI with a buy condition.
West Texas Intermediate (WTI) US Oil rises by 1.00% on Monday, trading around $91.90 at the time of writing. Crude Oil prices are supported by escalating geopolitical tensions in the Middle East, despite prospects of an energy ceasefire between Russia and Ukraine that could ease supply concerns.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $90.15 during the early European trading hours on Monday.
West Texas Intermediate (WTI) declines after two days of gains, trading around $90.00 per barrel during Asian hours on Monday.
