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macroJun 10, 2026, 1:19 AM

WTI Steadies Near $87.50 After Previous Day’s Drop

West Texas Intermediate crude oil stabilizes around $87.40 per barrel during Asian hours after falling more than 2.5% the previous day, as renewed supply concerns offset recent losses.

WTI

West Texas Intermediate (WTI) crude oil is trading near $87.40 per barrel in Asian hours, stabilizing after shedding over 2.5% in the prior session. The commodity remains under pressure from ongoing supply-side worries, though no specific trigger for the rebound has been cited.

Market participants are monitoring geopolitical developments that could further tighten supply. The current price action suggests a cautious tone ahead of potential inventory data or producer announcements. The $87.50 level acts as a short-term pivot.

Source: FXStreet Forex News