WTI Crude Oil futures advance for third session amid global tensions.
WTI Crude Oil futures pushed higher for a third consecutive session on Monday, approaching a two-and-a-half-week closing high near $94.30. Growing geopolitical tensions in the Middle East and between Russia and Ukraine over the weekend renewed concerns over potential short-term supply disruptions. The recent gains mark a reversal from weeks of downward price action, shifting short-term momentum back to the upside as traders await upcoming economic data and ongoing geopolitical developments.
30. Growing geopolitical tensions in the Middle East and between Russia and Ukraine over the weekend renewed concerns over potential short-term supply disruptions. The recent gains mark a reversal from weeks of downward price action, shifting short-term momentum back to the upside as traders await upcoming economic data and ongoing geopolitical developments.