West Texas Intermediate (WTI) crude futures on NYMEX managed to hold support near $62 in Wednesday’s Asian session after falling nearly 4.4% in the last two days. Prices found somerelief as OPEC+ dismissed speculation aboutmajor jump in oil production at its upcoming Sunday meeting.
WTI Crude oil price
WTI Crude Oil Above 43.65 Next Target $45——$47 (Buy on Dips)
WTI Crude Oil Above 43.65 Next Target $45——$47 (Buy on Dips) – crude oil prices entered a brief consolidation after hitting a key chart resistance level at US$ 46.30.