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WTI Trades With Mild Negative Bias Around $81.00 Mark, Bullish Potential Seems Intact
WTI edges lower amid a modest USD strength, albeit lacks follow-through selling.
Oil to Notch Weekly Gain as US Stockpile Draw Encourages Bulls
Oil headed for the first back-to-back weekly gain since early April as a surprise draw in US inventory levels, coupled with signs of robust product demand, signaled buoyant conditions in the world’s top consumer.
Crude Oil Climbs Again, WTI Marches Toward $82 After EIA Barrel Count Declines
WTI edged into fresh highs near $81.40 as energy markets hope for drawdown.
Crude Oil Tests Higher Ground on Quiet Wednesday, WTI Touches $81.00
Barrel bids tested into fresh peaks on Wednesday, but remain subdued.
Crude Oil Snaps Higher as Hopes of Rising Demand Continue to Bolster Barrel Bids
WTI climbs to $80 per barrel as energy markets hope for summer demand uptick.
There are signs of tightening supply and increasing prices in the European diesel market.
The European diesel market is showing signs of tightening.