West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $77.85 on Friday.
WTI price loses traction to near $77.85 in Friday’s early Asian session. Maritime security officials expect a halt to Houthi shipping attacks. The expectation of rising oil demand during the Lunar New Year might support the WTI price. West Texas Intermediate , the UScrudeoil benchmark, is trading around $77.85 on Friday. The WTI price edges lower on an expected halt to Houthi shipping attacks in the Red Sea after aceasefire deal in the war in Gaza between Israel and the militant group Hamas.
influence the price of WTI Oil? decides to lower quotas, it can tighten supply, pushing up Oil prices. When
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