Crude Oil Price Today: WTI Price Bearish at European Opening

WTI Falls Toward $62.00 on Rising Oversupply Fears

West Texas Intermediate (WTI) crude slipped to around $62.15 during early Asian trading on Wednesday, marking its lowest level in nearly two months. The decline comes amid an unexpected build in US crude inventories and a bearish oversupply outlook from the International Energy Agency (IEA). Data from the US Energy Information Administration (EIA) showed crude […] The post WTI Falls Toward $62.00 on Rising Oversupply Fears appeared first on Xtre…

Gold Pulls Back While WTI Crude Oil Struggles In Red - Action Forex

Gold price started a fresh decline below $3,380. WTI Crude oil is also down and remains at risk of more losses below $62.00. Important Takeaways for Gold and WTI Crude Oil Price Analysis Today Gold price climbed higher toward the $3,410 zone before there was a sharp decline against the US Dollar. A key bearish […] The post Gold Pulls Back While WTI Crude Oil Struggles In Red appeared first on Action Forex.

Market Analysis: Gold Pulls Back While WTI Crude Oil Struggles In Red

Gold price started a fresh decline below $3,380. WTI Crude oil is also down and remains at risk of more losses below $62.00.Important Takeaways for Gold and WTI Crude Oil Price Analysis TodayGold price climbed higher toward the $3,410 zone before there was a sharp decline against the US Dollar.A key bearish trend line is forming with resistance near $3,355 on the hourly chart of gold at FXOpen.WTI Crude oil prices extended losses below the $65.0…

Crude Oil price today: WTI price bearish at European opening

West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $62.44 per barrel, down from Tuesday’s close at $62.50.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $65.77 after its previous daily close at $65.84.