Crude Made Double Top $70.60 Cross or Close Above Ready For Big ThunderStorm, Will It Cross or 1st Take Resistance or Melt Down
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WTI rises to near $62.00 on Russia supply concerns
West Texas Intermediate (WTI) is trading around $61.90 during the Asian trading hours on Thursday. The WTI drifts higher, snapping the three-day losing streak amid prospects of tougher sanctions on Russian crude. Escalating geopolitical tensions and talk of stricter sanctions on Russian crude provide some support to the WTI price.