WTI Oil
WTI Crude Oil is extracted from fields located in Texas, North Dakota, and Louisiana of the United States.
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WTI trims a part of strong intraday gains; still up over 6% for the day above mid-$93.00s
WTI gains strong positive traction on Thursday amid a further escalation of conflicts in the Middle East. Suspected Iranian attacks…
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China orders immediate ban on fuel exports for March — Reuters
The Chinese government has effectively banned refined fuel exports for March “with immediate effect”, Reuters reported on Thursday. This measure…
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EIA Report And Current Middle Eastern Conflict Let’s the Blind Lead The Bind
EIA data showed a stronger-than-expected decline in fuel inventories in the US, although crude oil inventories increased more than forecast.…
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Crude Prices Back on the Rise
WTI crude futures reversed early losses to trade more than 3% higher, approaching $87 per barrel on Wednesday, after falling…
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WTI Price Struggles near $82.00, 200-hour holds the key for bulls amid Iran war
WTI attracts fresh sellers on Wednesday, though it manages to hold above the 200-hour SMA. The broader technical setup has…
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WTI Price Retakes $88.00 as Strait of Hormuz closure fuel supply disruption fears
WTI attracts fresh buyers and reverses a part of the previous day’s sharp retracement slide. The closure of the Strait…
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WTI jumps above $100 amid Middle East war, retreats on emergency reserve talks
Oil prices surge sharply at the start of the week as escalating tensions in the Middle East disrupt global supply…
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Oil – Prices Soar to $120 a Barrel
Over the weekend, the conflict between Iran, the United States, and Israel escalated sharply. Both sides expanded military operations to…
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WTI Price Forecast: Multi-year high above $126 looks possible
The oil price rally intensifies after the US and Israel strike several Iranian oil depots. Iran names Mojtaba Khamenei as…
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Oil Prices Surpass $110 Amid Supply Disruptions
WTI crude oil futures soared as much as 31% on Monday, before easing back to trade more than 22% higher…
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