Thursday , 12 December 2024
Home Forex Crude Oil rises on Wednesday, WTI taps $70 per barrel
Forex

Crude Oil rises on Wednesday, WTI taps $70 per barrel

West Texas Intermediate (WTI) Crude Oil prices rallied on Wednesday, jumping around 2.75% and clipping into $70 per barrel after the Energy Information Administration (EIA) reported a steeper drawdown in US Crude Oil reserves than energy traders anticipated.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Eurostoxx futures -0.1% in early European trading

German DAX futures -0.2%UK FTSE futures +0.1%This mirrors the mood in US...

Turkey Current Account Balance came in at $1.88B, above forecasts ($1.3B) in October

Turkey Current Account Balance came in at $1.88B, above forecasts ($1.3B) in...

Elliott Wave view: APPLE (AAPL) continue rally in bullish sequence

Short Term Elliott Wave view in APPLE (AAPL) suggests that rally from...

BOE widely expected to keep bank rate unchanged next week – poll

All 71 economists poll expect BOE to keep bank rate unchanged at...