WTI Crosses $76.00 Amid Middle East Tensions and Fed Rate Speculation
July 31, 2024 New Delhi, India West Texas Intermediate (WTI) crude oil prices are trading around $76.5 per barrel, recovering from an eight-week low of $74.24 recorded on Tuesday. The rebound is primarily driven by escalating geopolitical tensions in the Middle East, which pose significant risks to oil supply. Key Highlights: Geopolitical Tensions: The Israeli…