WTI Price Forecast: Oil Holds Above $75.50 as Iran Tensions Support Prices; 200-Day SMA in Focus
West Texas Intermediate (WTI), the US benchmark for crude oil, is trading slightly higher during Friday’s Asian session, holding above the $75.50 level. The commodity remains supported by geopolitical developments but continues to struggle for stronger upside momentum after recovering from this week’s low near $72.80, its weakest level since early March. Market sentiment remains […]