Tag: WTI

WTI Oil Price Holds Below $93 Amid US-Iran Peace Deal Hopes

WTI holds after $93.00 as markets weigh chances of a US-Iran

May 7, 2026

West Texas average (WTI) the US benchmark for Crude Oil traded within a narrow range during Thursday Asian session pausing the previous session recovery from levels below $87.00 which marked a more than two week low. The commodity is currently hovering around the mid-$92.00 area down nearly 0.65% on the

WTI Slides Below $61.00 Amid Ongoing Trade Tensions

April 16, 2025

West Texas Intermediate (WTI) crude oil, the U.S. benchmark, is trading near $60.80 in early Wednesday trading during the Asian session. The commodity remains under pressure as market participants weigh the impact of U.S. President Donald Trump’s latest tariff measures. On Monday, the Organization of the Petroleum Exporting Countries (OPEC)