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78% of retail investor accounts lose money when trading CFDs with this provider.

WTI Crude Oil

WTI Crude Oil News

Core fuel or just a load of hot air?
Thursday, August 1, 2024 - 08:22
Core fuel or just a load of hot air?
Oil eyeing next move as OPEC extends cuts 
Friday, June 21, 2024 - 08:24
Oil eyeing next move as OPEC extends cuts 
oil-slide
Friday, May 24, 2024 - 13:40
Oil's slide continues despite geopolitical uncertainty
Oil on the up as conflict threatens Middle East
Friday, April 12, 2024 - 07:12
Oil on the up as conflict threatens Middle East

WTI is an American grade of oil produced in Texas which contracts are traded on ICE Futures Europe. Historically its prices are close to those of Brent despite a higher quality.

Oil price setting equally depends on the geopolitics, macroeconomics and supply/demand balance. Oil prices are greatly influenced by a concerted position of Organization of Petroleum Exporting Countries (OPEC) which includes such countries as: Iran, Iraq, Kuwait, Saudi Arabia, Venezuela, Qatar, Libya, United Arab Emirates, Algeria, Nigeria, Ecuador, Angola.

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