WTI/USD

WTI crude prices surged by over 12% in recent hours, once again surpassing the $75 mark, a level not seen since January of this year.

WTI crude has recovered by nearly 4% over the past three trading sessions, approaching the $64 per barrel level.

Crude oil rallies off recent lows, but positioning data and technical resistance suggest upside may be capped. Could WTI be setting up for another leg lower?

WTI crude oil has shown a relatively steady variation of around 3% over the past few trading sessions, without establishing a clear direction, as the price oscillates around the $60 mark in the short term.

The WTI crude oil barrel has shown a steady variation of barely 2% over the past two weeks of trading, settling around the $60 per barrel zone.

WTI crude has dropped more than 18% over the past seven trading sessions, and the strong bearish bias has remained intact.

After falling to the $65 per barrel zone, WTI has rebounded by more than 4% over the last five trading sessions.

The price of WTI crude has dropped more than 6% over the past four trading sessions, settling around $67 per barrel, a level not seen since early December 2024.

The price of WTI has dropped more than 3% over the last three trading sessions. This significant bearish movement is mainly due to a potential easing of geopolitical tensions, such as the conflict in Ukraine.

WTI prices have posted a rebound of more than 1% in recent trading hours after facing consistent bearish pressure for the past three weeks.

WTI crude has accumulated a loss of more than 8% in value since mid-January of this year.