West Texas Intermediate (WTI), futures on NYMEX, extend its correction to near $81.00 in Tuesday’s early American session.
The Oil price falls further as the minimal impact of Hurricane Beryl eases supply concerns. Fed Powell may provide cues about when the central bank will deliver rate cuts. This week, investors will focus on CPI reports for June from China and the US. West Texas Intermediate , futures on NYMEX, extend its correction to near $81.00 in Tuesday’s early American session.
refers to an expanded group that includes ten extra non-OPEC members, the most notable of which is Russia.
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