U.S. benchmark crude oil, or WTI, traded around $70.85 last Friday. WTI prices rose after hitting a six-month low due to requests from Russia and Saudi Arabia to the Organization of the Petroleum Expo
WTI Stagnant Around $71.00 on Concerns Over Oil Supply
WitriyaniTue, 20 Jun 2023
WTI oil prices retreated to intraday lows around $71.00 as negative sentiment contributed to weak demand in Europe on Tuesday morning. Hence, oil prices were also less affected by the possible supply
WTI Oil Prices Rise Slightly Around $67.70 Amid Weak Markets
WitriyaniTue, 13 Jun 2023
WTI crude futures edged up around $67.70 as they consolidated their biggest daily decline in two weeks on Tuesday morning, recovering from their lowest levels since early May amid a sluggish market.
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