Tag: inventory levels
-

WTI Oil Rises 1.7% Amid Geopolitical Shocks and Glut Fears
Oil climbs on geopolitics and supply concerns West Texas Intermediate (WTI) crude rose about 1.7% on Tuesday, extending gains as traders weighed the latest U.S. sanctions on Russian oil against optimism that political gridlock in Washington could ease in the coming days. The session’s move highlighted how interconnected factors — from sanctions policies to a…
