WTI Gains Ground Above $83.50 On Geopolitical Risks, Summer Demand Optimism
July 01, 2024 at 23:00 PM EDT
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $83.60 on Tuesday. The rise of the WTI price is bolstered by renewed fears of Middle East geopolitical risks and expectations of rising summer fuel demand.