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macroJul 3, 2026, 4:41 PM

WTI Crude Oil Advances on Softer US Jobs Data, Middle East Tensions

West Texas Intermediate crude oil traded around $68.65 on Friday, up 0.30% on the day, recovering recent losses as the US dollar weakened following softer-than-expected US employment data and ongoing Middle East tensions.

WTI

West Texas Intermediate (WTI) crude oil edged higher on Friday, trading near $68.65 per barrel, marking a 0.30% daily increase. The uptick came as the US dollar softened in response to weaker-than-anticipated US employment reports. Additionally, lingering geopolitical tensions in the Middle East continued to provide support for oil prices.

Source: FXStreet Forex News