West Texas Intermediate (WTI) US Crude Oil jumped back into $78.00 per barrel on Wednesday after the Energy Information Administration (EIA) reported another steeper-than-expected decline in US Crude Oil Stocks Change, adding to a recent downswing in US barrel counts.
WTI rallied into $78.00 per barrel on Wednesday. EIA reported another drawdown in US Crude Oil inventories. Markets further bolstered by a potential Fed rate cut in September. West Texas Intermediate US Crude Oil jumped back into $78.00 per barrel on Wednesday after the Energy Information Administration reported another steeper-than-expected decline in US Crude Oil Stocks Change, adding to a recent downswing in US barrel counts.
influence the price of WTI Oil? decides to lower quotas, it can tighten supply, pushing up Oil prices. When
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