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MEDIUM IMPACT FXStreet · May 12, 05:45 AM

WTI rises to near $96.00 as supply concerns prevail

West Texas Intermediate (WTI) oil price extends its gains for the second successive day, trading around $95.80 during the Asian hours on Tuesday. Crude oil prices are surging as Middle East tensions are threatening the world’s most critical energy transit route.

WTIOIL
SIGNALPRO AI · WHAT'S LIKELY TO HAPPEN
BULLISH 85% confidence

WTI prices are likely to continue rising due to ongoing supply concerns and geopolitical tensions. Expect further upward momentum in the short term.

AI-generated analysis. For educational purposes only — not financial advice.

West Texas Intermediate (WTI) oil price extends its gains for the second successive day, trading around $95.80 during the Asian hours on Tuesday. Crude oil prices are surging as Middle East tensions are threatening the world’s most critical energy transit route.

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