WTI slides below $82.50 after larger-than-expected US crude inventory build
West Texas Intermediate traded near $82.45 in early Asian hours Thursday, pressured by a bigger-than-expected increase in US crude oil inventories.
WTI
West Texas Intermediate, the US crude oil benchmark, traded around $82.45 during early Asian trading hours on Thursday. The decline followed a larger-than-expected build in US crude oil inventories.
Market participants are now watching developments around US-Iran talks for potential supply-side signals and further price direction.
Source: FXStreet Forex News