WTI
USOIL70.934USD
Today
+2.80%
1 Week
+6.44%
1 Month
-5.60%
6 Months
-17.50%
Year to Date
-1.29%
1 Year
-21.54%
Key Data Points
Opening Price
69.045Previous Closing Price
69WTI Trading Strategy
Trading Strategy
Long positions above 70.00 with targets at 71.80 & 72.60 in extension.
Alternative scenario
below 70.00 look for further downside with 69.55 & 68.95 as targets.
Comment
long positions above 70.00 with targets at 71.80 & 72.60 in extension.
WTI News
WTI holds above $70.00 amid Fed rate cut optimism and supply disruptions
West Texas Intermediate (WTI), the US crude Oil benchmark, is trading around $70.85 on Wednesday.
WTI extends the rally above $70.00 amid Hurricane Francine's impact
West Texas Intermediate (WTI), the US crude Oil benchmark, is trading around $70.35 on Tuesday.
WTI slides below $68.00 amid renewed demand fears after dismal Chinese macro data
West Texas Intermediate (WTI) US crude Oil prices attract some sellers during the Asian session on Monday and currently trade just below the $68.00 round-figure mark, down over 0.60% for the day.
IEA warns of significant oversupply in the oil market next year – Commerzbank
In its monthly report, the International Energy Agency (IEA) painted a bleak picture for oil demand, Commerzbank’s Commodity Analyst Carsten Fritsch notes.
WTI Oil recovers on revival of 50 bps Fed cut bets and Hurricane Francine
West Texas Intermediate (WTI) crude Oil price is trading around the $69 per barrel level on Friday, as it rebounds from the over four-month lows posted on Tuesday.
Crude oil prices are breaking down, more weakness ahead: BCA
Crude oil markets are under increasing downward pressure, with a breakdown in prices pointing to further weakness ahead.
