Read more
2:21 PM · 2 October 2024

WTI gains nearly 2% and breaks above key resistance zone 💡

OIL.WTI
Commodities
-
-

WTI crude oil broke above local highs set in the second half of September today and is breaking above $72 per barrel, after Israel vowed to retaliate against the firing of some 200 ballistic missiles (including hypersonics) from Iran, raising the risk for oil supplies from the region.

The rise in oil prices reflects investors pricing in a renewed risk premium for the world’s most important commodity, given that the Middle East accounts for about a third of global supplies.

 

WTI crude oil is breaking above local highs set in September this year. A key aspect that could define whether oil can extend its gains is the holding of the aforementioned $72 zone, which forms a short-term control point for bulls and bears. Source: xStation

18 November 2025, 6:50 PM

Daily summary: Wall Street tries to rebound 📈Amazon and Microsoft under pressure of Rotschild & Co Redburn

18 November 2025, 6:36 PM

Cocoa tries to stabilize after autumn sell-off 📌

18 November 2025, 6:44 AM

Morning Wrap (18.11.2025)

17 November 2025, 6:58 PM

Daily summary: Risk assets keep sliding on US rate cut jitters (17.11.2025)

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits