WTI crude oil shows neutral price action around $60
pre-market1 source ↓written by the desknot a recommendation
- to hover
- $60
- intraday variations below
- 0.15%
- fluctuations often exceeded
- 1%
WTI crude oil continues to hover around $60, displaying intraday variations below 0.15%. This marks a significant reduction in volatility compared to the previous two weeks, where fluctuations often exceeded 1%. The current neutrality reflects uncertainty over a potential peace agreement between Russia and Ukraine, which could impact global oil supply.
Not investment advice. For informational purposes only.