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WTI trades lower around $66.00, downside appears further due to easing supply concerns
West Texas Intermediate (WTI) Oil price extends its losses for the second successive day, trading around $66.30 during the European hours on Tuesday. Crude Oil prices lose ground due to easing concerns over supply disruptions, driven by the ceasefire agreement between Israel and Iran.
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $65.56 per barrel, down from Monday’s close at $66.99.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $68.05 after its previous daily close at $69.27.
WTI tumbles to near $65.00 as Trump announces Israel-Iran ceasefire
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.15 during the Asian trading hours on Tuesday. The WTI price falls as US President Donald Trump said a ceasefire has been agreed upon between Iran and Israel, relieving fears of supply disruption in the region.Gold surges as Iran strikes US bases, Israel intensifies Tehran assault
Gold prices remain bid during the North American session as breaking news revealed Iran’s attack on US bases in Qatar, in retaliation for the over-the-weekend attack on Iran's nuclear installations by the White House.Fxstreet
Jun 23, 2025
Gold shines amid fiscal fog and geopolitical shadows – TDS
What if the largest threat to global markets is not an oil price shock, but a prolonged conflict leading to a deeper US involvement in the war effort, with ultimate implications for defense spend and thereby for the fiscal outlook, TDS' Senior Commodity Strategist Daniel Ghali notes.Fxstreet
Jun 23, 2025
Supertankers' U-Turn Signals Escalating Middle East Tensions, More Oil Upside After Recent Highs?
TradingKey - In light of a US airstrike on Iranian nuclear facilities, two super tankers each capable of carrying about 2 million barrels of oil made an unexpected U-turn upon entering the Strait of Hormuz, steering away from the entrance to the Persian Gulf, Bloomberg reports on June 22, Eastern TiTradingKey
Jun 23, 2025
U.S. Entry into Conflict – Morgan Stanley Outlines Three Oil Price Scenarios: From $60 to $140 per Barrel
TradingKey - Escalating tensions between Israel and Iran have sent international oil prices sharply higher, with U.S. airstrikes on Iran intensifying concerns over broader disruptions to crude supply. A recent report from Morgan Stanley outlines three potential conflict scenarios that could ...TradingKey
Jun 23, 2025
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