WTI Oil climbs on Trump rejection of Iran peace plan, Hormuz closure fears
West Texas Intermediate (WTI) Oil posts strong gains on Monday, with the US benchmark trading around $94.70 at the time of writing, up 3.18% on the day after opening the week with a significant bullish gap.
WTI Oil prices are likely to continue rising due to geopolitical tensions and supply concerns. A sustained bullish trend could push prices higher in the short term.
West Texas Intermediate (WTI) Oil posts strong gains on Monday, with the US benchmark trading around $94.70 at the time of writing, up 3.18% on the day after opening the week with a significant bullish gap.
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