WTI Crude Oil Futures Surge On Debt Ceiling Optimism While Stockpiles Shoot Up

WTI Crude Oil Futures (NYMEX: CL) gained 3.27% in Wednesday’s trading session on the back of upbeat sentiment over the possibility that the debt ceiling crisis could be concluded with…

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18/05/2023

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WTI Crude Oil Futures Dimmed By Concerns Of Demand Robustness

The EIA inventory count accentuated weekly demand for Crude Oil, which came in far below expectation. The count concluded the prior week with 3.49M barrels less than expected, indicating that…

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20/04/2023

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Crude Oil Futures Tilt In Bull’s Favour As It Concludes Its Consolidation

Crude oil futures (NYMEX: CL) is on course to extend a winning streak for a fourth consecutive week after gaining 2.52% week-to-date. Supporting the bullish price action was U.S. Inflation…

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13/04/2023

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Supply Worries Send WTI Crude Oil Futures Soaring

Risk-on sentiment paid a visit to the global markets as the banking crisis worries subsided. The WTI Crude Oil Futures (NYMEX: CL) benefited from the shift in sentiment in the…

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30/03/2023