WTI expected to trend higher in near term
WEST Texas Intermediate (WTI) crude prices have staged a modest recovery since the start of the year, rising about 4 per cent year-to-date at the time of writing. After briefly dipping to…
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WTI
Bearish outlook persists for WTI
WEST Texas Intermediate (WTI) crude oil prices have remained weak this year, down 18 per cent year-to-date at the time of writing. After a brief spike in June to US$77 per barrel,…
Bullish outlook seen for WTI after breakout
WEST Texas Intermediate (WTI) oil prices have been off to a strong start in the new year, extending their gains from the last few trading sessions of 2024. The bullish price action was…
WTI to rebound in the short term
SINCE Oct 1, the West Texas Intermediate (WTI) crude oil price has climbed significantly, rising above US$8 a barrel. This sharp rise was triggered by escalating geopolitical tensions in…