WTI Oil Rally for the Seventh Straight Week on Geopolitical Tensions and Supply Fears

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WTI Oil Rally for the Seventh Straight Week on Geopolitical Tensions and Supply Fears

WTI oil price surged through round-figure $90 resistance and hit new seven-year high above $92 per barrel on Friday. Geopolitical tensions over e and a winter storm in the United States fueled concerns about supply disruptions and continue to inflate oil prices for the seventh consecutive week, when the price advanced over $20 or nearly […]

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Source: WTI Oil Rally for the Seventh Straight Week on Geopolitical Tensions and Supply Fears