WTI Price Forecast: Middle East tensions lift Oil as bulls test the 100-day SMA WTI extends its rebound on Wednesday as rising tensions in the Middle East disrupt Oil flows through the Strait of Hormuz and the Red Sea. At the time of writing, WTI trades around $86.20 after
WTI Price Forecast: Middle East tensions lift Oil as bulls test the 100-day SMA WTI extends its rebound on Wednesday as rising tensions in the Middle East disrupt Oil flows through the Strait of Hormuz and the Red Sea.
At the time of writing, WTI trades around $86.20 after reaching an intraday high of $87.83, its highest level since June
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