Crude oil prices rose last week as WTI rose 1.65%, but gains were limited by increased US-China tensions and market sentiment. Although WTI fell to $ 41 at the beginning of the week, it quickly reversed the trend and was last seen registering a 1% gain on the day to …
Read More »WTI Battles $40
West Texas Intermediate crude oil (WTI) futures bounced but facing a difficult time extending this bounce above 40 as risk aversion trades continue in the European session. Traders are waiting for any clues for sentiment with Coronavirus update in US as well as crude oil inventory data from the American …
Read More »WTI Crude Drop
August West Texas Intermediate crude futures fell nearly 1.50% during European session after facing a rejection near 40.50. WTI failed to sustain the higher levels but on track to record weekly gains. The growing fears of an increase in the numbers of cases with Covid 19 affected the market sentiment, …
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