Will We See $90 WTI Soon? ...Middle East

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Will We See $90 WTI Soon?
source : OILPRICE ( Middle East ) () 20
U.S. Crude Trends Upward U.S. benchmark October West Texas Intermediate (WTI) crude oil prices marked a significant uptick, with U.S. crude oil seeing an increase of over $2 a barrel on Thursday. This jump is attributed to expectations that the OPEC+ consortium, dominated by Saudi Arabia, will maintain their production cuts till 2023's end. This would mark an extended period of OPEC-led reductions, further consolidating the market's bullish stance. Additionally, West Texas Intermediate (WTI) registered a 2.2% gain, marking its third consecutive…

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