WTI price extends the rally to around $62.40 in Tuesday’s early Asian session. OPEC+ decided to raise output by 411,000 bpd in July. Iran poised…
Crude oil rises over 2.5% on Monday, trading near $62.60 after an early session jump to $63.25. WTI hovers below the 50-day EMA at $62.70,…
Crude Oil appreciates despite news of supply hikes and trades at $62.50. OPEC+ countries have agreed to hike output by 411,000 barrels per day.…
WTI price drifts higher to $61.90 in Monday’s Asian session, adding 2.70% on the day. Persistent tariff uncertainty continues to weigh on the INR. OPEC+ decided…
Oil prices gave away gains as a US court reinstated Trump’s tariffs Investors remain wary that OPEC+ countries might hike output after Saturday’s meeting. The…
Oil prices rally after a US court blocked Trump’s trade tariffs Declining Crude stocks in the US have provided additional support to prices. Investors remain…
WTI edges higher to around $62.15 in Thursday’s early Asian session, adding 0.88% on the day. OPEC+ kept its output policy unchanged; attention will shift…
CTAs will sell WTI crude in any scenario for prices this week. This selling activity is likely to be less significant than that which we expect in…
WTI price drifts lower to around $60.90 in Wednesday’s early Asian session. Hope for progress in US-Iran nuclear talks and potential higher OPEC+ output weigh…
WTI Oil prices tick up but remain within previous ranges below $62.00. Market expectations of higher supplies are acting as a headwind for rallies. The…