WTI oil continues to rebound above $76, ignoring last week’s surge in crude stocks.

WTI crude futures continued to bounce above $76 despite the release of crude stockpiles rising last week. Against analyst expectations At 11:05 p.m. Thai time, West Texas Crude Oil Contract (WTI) for delivery in January. Which traded on the NYMEX plus $ 1.16, or 1.54%, to $ 76.55 / barrel. The US Energy Information Administration … Read more

WTI Crude Oil Rises 2% Over $75 on CPI

WTI crude futures rose more than 2% to $75 on lower-than-expected release of the Consumer Price Index (CPI). This will be a factor that encourages the US Federal Reserve (Fed) to slow down the rate hike. At 10:53 p.m. Thai time, West Texas Crude Oil Contract (WTI) for delivery in January. which traded on the … Read more