WTI
91.553
Today
-1.20%
5 Days
-0.42%
1 Month
+10.21%
6 Months
-8.98%
Year to Date
+59.80%
1 Year
+41.12%
Key Data Points
Opening Price
92.723Previous Closing Price
92.686WTI 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) oil has pared its recent gains from the previous day, trading around $91.10 per barrel during European hours on Tuesday. Crude oil prices have eased following a September rebound in exports from key Middle East producers.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts fresh buyers following the previous day's good two-way price swings and climbs to the $93.00 neighborhood during the Asian session on Tuesday.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $92.05 during the early Asian trading hours on Tuesday.
President Trump's rejection of Iran's seven-day plan for the Strait of Hormuz lifted Crude Oil to its best level since Thursday, and the whole rise was gone after a Saudi pipeline restart and a US offer of sanctions relief.
Oil appreciates firmly on Monday, following US President Donald Trump's refusal of Tehran’s latest proposal to cease hostilities and reopen the Strait of Hormuz. The US benchmark West Texas Intermediate (WTI) Oil barrel is trading at $94.60 at the time of writing, up nearly 3.5% on the day so far.
Deutsche Bank’s Early Morning Reid highlights renewed upside in Brent Oil as US-Iran negotiations show little progress and Iran refuses to soften conditions on reopening the Strait of Hormuz.
