West Texas Intermediate (WTI) wavers since reaching the $83 objective. A neutral stance is maintained
crystalballfinance.substack.com
On Thursday, West Texas Intermediate (WTI) oil prices continued their decline from multi-month highs, reaching their objective at $83.00. Profit-taking and concerns about overbought conditions contributed to the weaker session. Elsewhere, U.S. Secretary of State Antony Blinken's comments on potential Gaza ceasefire talks in Qatar raised the possibility of increased global oil supply.
West Texas Intermediate (WTI) wavers since reaching the $83 objective. A neutral stance is maintained
West Texas Intermediate (WTI) wavers since…
West Texas Intermediate (WTI) wavers since reaching the $83 objective. A neutral stance is maintained
On Thursday, West Texas Intermediate (WTI) oil prices continued their decline from multi-month highs, reaching their objective at $83.00. Profit-taking and concerns about overbought conditions contributed to the weaker session. Elsewhere, U.S. Secretary of State Antony Blinken's comments on potential Gaza ceasefire talks in Qatar raised the possibility of increased global oil supply.