Tag: demand


  • WTI Oil Climbs 1.7% as Geopolitical Shocks Meet a Structural Supply Glut

    WTI Oil Climbs 1.7% as Geopolitical Shocks Meet a Structural Supply Glut

    WTI Oil Edges Higher on Tuesday as Sanctions and Supply Dynamics Collide West Texas Intermediate (WTI) crude rose about 1.7% on Tuesday, extending a volatile run as traders weigh fresh U.S. sanctions on Russian oil against persistent fears of a global supply glut. The day’s moves reflect a delicate balance between geopolitical shocks and the…