WTI comes under pressure and pokes with $80.00 – by pabspiovano Oil WTI Commodities Energy
The WTI advances for the third week in a row so far.trades on the back foot for the second day in a row and puts the key $80.00 mark per barrel to the test on Thursday.So far, the barrel of the American benchmark for the sweet light crude oil remains on the defensive amidst some profit taking sentiment as well as renewed recession concerns.
The firm performance of the commodity so far this week continues to echo on prices of RBOB gasoline futures, which trade in levels last seen back in late October 2022 past the $2.80 mark.WTI significant levels If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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