WTI rallies back closer to $99.00 as Trump’s comments dampen Iran de-escalation hopes
News brief
West Texas Intermediate (WTI) Crude Oil prices catch aggressive bids during the Asian session on Thursday and surge past the $97.00 mark as US President Donald Trump's prime-time address gets underway. West Texas Intermediate (WTI) Crude Oil prices catch aggressive bids during the Asian session on Thursday and surge past the $97.00 mark as US President Donald Trump's…
Why traders care
For traders, this matters because commodity headlines often feed directly into inflation expectations, sector rotation and currency pricing.
What to watch next
- Watch follow-through, not just the first reaction: liquidity, volatility and confirmation across related assets usually tell the real story.
West Texas Intermediate (WTI) Crude Oil prices catch aggressive bids during the Asian session on Thursday and surge past the $97.00 mark as US President Donald Trump's prime-time address gets underway. West Texas Intermediate (WTI) Crude Oil prices catch aggressive bids during the Asian session on Thursday and surge past the $97.00 mark as US President Donald Trump's… West Texas Intermediate (WTI) Crude Oil prices catch aggressive bids during the Asian session on Thursday and surge past the $97.00 mark as US President Donald Trump's prime-time address gets underway. WTI stages a solid recovery from a one-week low, touched on Wednesday.Trump’s remarks temper de-escalation hope and boost the commodity.Reviving Fed rate hike bets underpin the USD, which might cap Oil prices.West Texas Intermediate (WTI) Crude Oil prices catch aggressive bids during the Asian session on Thursday and surge past the $97.00 mark as US President Donald Trump's prime-time address gets underway. The commodity now seems to have snapped a… For traders, this matters because commodity headlines often feed directly into inflation expectations, sector rotation and currency pricing. Watch follow-through, not just the first reaction: liquidity, volatility and confirmation across related assets usually tell the real story.
