WTI Edges Lower Below $77.50 On Slowing Global Demand And Easing Fears Of Wider Middle East Conflicts
August 14, 2024 at 00:15 AM EDT
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $77.20 on Wednesday. WTI price edges lower on the back of easing fears of a wider Middle East war and concerns about the strength of global oil demand.