Oct 15, 2025
WTI remains subdued near $58.00 due to Oil oversupply outlook, US-China trade tensions
West Texas Intermediate (WTI) Oil price moves little after registering more than 1.5% losses in the previous session, trading around $58.10 during the Asian hours on Wednesday. Crude Oil prices declined as the International Energy Agency (IEA) warned of an Oil supply surplus in 2026.
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