WTI Crude (US benchmark)
- Current price: $57.76/barrel
- Previous close: $57.68
- Move: Slightly higher at the start of the European session, maintaining a bullish bias.
Brent Crude (Global benchmark)
- Current price: $61.41/barrel
- Previous close: $61.35
- Move: Also modestly higher, extending Thursday’s mild gains.
Overall tone:
Oil prices are showing light bullish momentum in early European trading, with both benchmarks inching higher but still lacking a strong directional catalyst.
Ready to start trading Forex? Join iXBroker today and kick-start your trading journey now!