The Story
News Summary
- Crude oil rose slightly on Friday due to geopolitical tensions but remains on track for a sharp weekly decline.
- Improved shipping conditions in the Strait of Hormuz and resumed production in Kuwait are easing supply concerns, effectively reversing the price surge seen since the Middle East conflict began.
Explore WTI price history & advisor snapshot
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Stored market data
WTI price history
101.91
+71.45% over the displayed period
Advisor Snapshot
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