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WTI remains below $67.50 as escalating trade tensions overshadow potential demand boost
West Texas Intermediate (WTI) crude Oil price remains subdued after two days of gains, trading around $67.40 per barrel during early European hours on Thursday. However, crude Oil could face headwinds as traders shift their focus to escalating global trade tensions.
Gold price eyes record high amid rising trade tensions, Fed rate cut bets
Gold price (XAU/USD) trades with a positive bias for the third consecutive day and climbs to over a two-week high, around the $2,942-2,943 region during the Asian session on Thursday. Concerns about rising trade tensions and the potential economic slowdown in the wake of US President Donald...
Fxstreet
Mar 13, 2025
EIA reduces oil surplus estimates – ING
Despite the ongoing uncertainty in global markets, oil prices managed to settle higher yesterday, supported by the weaker USD. Even so, ICE Brent continues to trade below US$70/bbl and prices will likely remain sensitive to external developments. The oil market seems to be largely ignoring...Fxstreet
Mar 12, 2025
WTI advances to near $66.50, upside seems limited due to rising US growth concerns
West Texas Intermediate (WTI) Oil price gains ground for the second successive day, trading $66.40 during the European hours on Wednesday. However, Oil prices faced downward pressure amid rising demand concerns over a potential US economic slowdown and the impact of tariffs on global growth, which lUS oil futures rise despite API inventory showing larger build in crude stocks
Investing.com -- U.S. crude oil futures move above post-settlement levels Tuesday despite the American Petroleum Institute reporting a larger-than-expected increase in weekly domestic crude stockpiles. Crude Oil WTI Futures, the U.S. benchmark, recently traded at $66.61 a barrel following the...Investing.com
Mar 12, 2025
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