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WTI Price Forecast: WTI Crude Oil holds gains above $62, momentum builds for further upside

Summary by FXStreet
West Texas Intermediate (WTI) crude oil extends its recovery on Thursday, building on early week gains as bulls capitalize on a bullish flag breakout. At the time of writing, WTI is trading around $62.80, up nearly 1.20% on the day, and slightly below the intraday high of $63.30.
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FXStreet broke the news in on Thursday, June 5, 2025.
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