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macroJun 24, 2026, 1:07 AM

WTI Crude Oil Hovers Near March Lows Around $72.50 on Easing Supply Worries

West Texas Intermediate crude oil is trading around $72.50, near its lowest since early March, as easing supply concerns weigh on prices.

USOIL

West Texas Intermediate (WTI) crude oil is consolidating near its lowest levels since early March during Asian trading on Wednesday. The benchmark price is hovering just above the mid-$72.00s, reflecting a soft market sentiment.

The move lower comes amid easing supply concerns that had previously supported prices. Traders are now weighing the demand outlook as key economic data and geopolitical developments remain in focus.

Source: FXStreet Forex News