Saturday , 18 January 2025
Home Forex Crude Oil bumps higher on supply draws, WTI knocks on $81.00
Forex

Crude Oil bumps higher on supply draws, WTI knocks on $81.00

West Texas Intermediate (WTI) US Crude Oil knocked into its highest bids in over three months, etching in a new high of $81.05 on Thursday as barrel traders rebalance their price outlook after US Crude Oil stocks fell more than expected this week and the Internation Energy Agency (IEA) lifted their demand growth outlook.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Trend Continuation Factor and Hurst Exponent Forex Trading Strategy

The Trend Continuation Factor and Hurst Exponent Forex trading strategy is a...

Forexlive Americas FX news wrap 17 Jan: US Supreme Court affirms decision to shut TikTok.

US stock indice close higher on the day and have positive returns...

US stock indice close higher on the day and have positive returns for the week

The major US stock indices are closing higher for the day and...

FX Weekly Recap: January 13 – 17, 2025

The market spotlight was mainly on U.S. inflation data that prompted traders...