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Home News Forex & Commodities

WTI holds below $73.50 as Middle East tensions ease

admin by admin
October 9, 2024
in Forex & Commodities
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  • WTI attracts some sellers near $73.35 in Wednesday’s early Asian session. 

  • The possible Hezbollah-Israel ceasefire, ongoing concerns about China’s demand could undermine the WTI price. 

  • The rising Middle East geopolitical risks might cap the upside for WTI. 

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $73.35 on Wednesday. The WTI price edges lower on the report of a possible ceasefire between Hezbollah…



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