WTI July crude oil futures closed down $1.24, or 1.71%, to $71.29 a barrel. Brent crude oil futures for August closed down $0.99, or 1.29%, at $75.96 a barrel.
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WTI Crude Oil
WTI Crude Oil futures are a type of financial contract that allows buyers and sellers to agree on the price of crude oil to be delivered at a future date. WTI stands for West Texas Intermediate, which is a high-quality grade of crude oil that is primarily produced in the United States. WTI crude oil futures are traded on commodity exchanges and are used by participants in the oil industry to manage price risk.
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The WTI (West Texas Intermediate) crude oil futures market is one of the most actively traded and influential commodities markets in the world. As a trader, understanding how to navigate…
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June 2, Economies analysts’ latest view today: After yesterday’s strong rise, WTI crude oil prices stabilized around 70.40. It is recommended to continue to be bullish, with a target of…
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On June 1, the analysts of Economies.com have the latest opinion today: WTI crude oil price closed below 68.75 yesterday, which strengthened the expectation of continued decline. The next target…
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Oil futures trading is a dynamic and lucrative market that allows investors to speculate on the future price of oil. Understanding the closing times of oil futures is crucial for…
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May 31st, Economies analysts’ latest view today: WTI crude oil prices continue to fall, close to our expected target of 68.75, and we recommend continuing to be bearish. Beyond this…
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Technical Analysis: WTI Crude Oil Prices Expected to Remain Under Pressure in the Future
by Ivyby IvyAfter a sharp decline yesterday, WTI crude oil prices closed at 71.55. We recommend breaking through this level in order to open the way for further short-term declines, with the…
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