West Texas Intermediate (WTI) US crude Oil prices edge higher during the Asian session on Tuesday and recover further from a multi-month low, around the $71.20-$71.15 region touched the previous day.
WTI attracts some buyers on Tuesday amid rising geopolitical tensions in the Middle East. China’s economic woes, along with US recession fears, keep a lid on any meaningful upside. The USD draws support from rebounding US bond yields and contributes to capping gains. West Texas Intermediate US crude Oil prices edge higher during the Asian session on Tuesday and recover further from a multi-month low, around the $71.20-$71.15 region 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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