WTI

WTI has continued to rise on Tuesday, reaching $115.50, up some $17 from last week's lows below $100. Easing China lockdown fears coupled with Russia/OPEC+ production issues and risk appetite…
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Oil price extends advance after strong rebound on Monday. WTI signs above $110.00, starts looking at $115.00. Better mood in markets and dollar weakness help crude oil prices. Oil prices are…
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Oil finds support at the beginning of the week near multi-week highs and the EU oil embargo on Russia is expected to be applied soon. WTI has been trading in the $110 region but has been unable to…
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WTI has risen for the third day in a row at $109.50 and is targeting recent highs at $111.50. Risk appetite flows and EU/Russia gas trade concerns are supporting WTI for now, though it remains…
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WTI accumulates a rise of $10 from the low of the week. Better mood in the markets favors the rebound. The oil prices they rise for the third day in a row and are on track to erase weekly losses.…
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Oil prices are currently trading higher, although it has been a rocky day so far. WTI has risen back to $106.50 from previous lows of $102.50. Traders are weighing geopolitical tensions against a…
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WTI price is reversing the previous bounce as it falls to test the $101.50 level. A firmer dollar and risk aversion flows weigh on higher yielding US oil. WTI sellers remain expectant after the…
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In its monthly report on the oil market, the International Energy Agency (IEA) has revised down the growth projections for oil demand for this year by 70,000 bpd due to the closure of China and high…
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Oil trades higher on Wednesday with geopolitics in the spotlight amid the disruption of gas flows to Europe via Ukraine. WTI has risen almost $6 on the day to $105.50, although it is down $5 on the…
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Oil prices have stabilized on Tuesday after a sharp deterioration in global risk appetite on Monday triggered a sharp sell-off. After falling $8 on Monday, WTI has stabilized below $103. Analysts…
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