West Texas Intermediate (WTI) crude oil extended its gains in early European trading on Wednesday. The U.S. benchmark is currently priced at $63.02 per barrel, up from Tuesday’s closing level of $62.52, signaling renewed buying interest in the market.
Brent crude follows the uptrend
Brent crude is also trading higher, moving from $66.40 on Tuesday to $66.90 today. The parallel upward move in both benchmarks highlights sustained optimism among traders as European markets open.
