WTI Crude Oil Rises Amid Russian Supply Disruptions
Current Price: $71.80
Key Driver: Ukrainian drone attack on Russian pipeline
Price Surge Due to Supply Disruptions
- Ukrainian drone strikes disrupted Kazakhstan’s crude exports via Russia.
- Russian authorities report a 30-40% drop in oil flows (~380,000 barrels/day).
- WTI crude extended its rally, nearing $72.50 resistance.
Key Technical Levels to Watch
- Resistance: $72.50 → Breakout could target $73 - $73.50.
- Support: $71.50 → Below this, next levels are $71 & $70.50.
Recent News
Gold extends losing streak to three days...
May 01, 2025
Market Insights
AUDUSD consolidate on daily lower levels
November 18, 2024
Market Insights
Gold trading with negative bias despite...
June 16, 2025
Market Insights
Gold (XAU/USD) Stalls as Trade War Jitte...
April 28, 2025
Market Insights
Dow Jones Struggles Below $43,000 Resist...
March 07, 2025
Market Insights
US Tech 100 (USTECH100) Forms Bullish We...
July 09, 2025
Market Insights
