WTI Remains Below $65.50 Despite Improved Demand Outlook

WTI Crude Holds Below $65.50 Despite Signs of Improving Demand - XtremeMarkets

West Texas Intermediate (WTI) crude oil extended its losing streak for the fourth consecutive session on Thursday, trading near $65.30 during European market hours. While recent data suggests improving demand, prices have yet to rebound significantly.  Support came from positive economic signals. The Federal Reserve’s latest Beige Book reported a slight uptick in overall business […] The post WTI Crude Holds Below $65.50 Despite Signs of Improvi…

WTI remains below $65.50 despite improved demand outlook

West Texas Intermediate (WTI) Oil price extends its losing streak for the fourth successive day, trading around $65.30 during the European hours on Thursday. However, crude Oil prices gained ground due to upbeat economic data, released recently from the largest Oil consumers.