West Texas Intermediate (WTI) US crude Oil prices tick higher during the Asian session on Wednesday and moves away from the lowest level since June 6, around the $74.25 area touched the previous day.
WTI gains some positive traction amid rising geopolitical tensions in the Middle East. A fall in US crude inventories and some follow-through USD lends additional support. China ’s economic woes to cap gains ahead of the key FOMC monetary policy decision. West Texas Intermediate US crude Oil prices tick higher during the Asian session on Wednesday and moves away from the lowest level since June 6, around the $74.25 area touched the previous day.
influence the price of WTI Oil? decides to lower quotas, it can tighten supply, pushing up Oil prices. When
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