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WTI. Price Analysis. Forecast. Limited Decline in Oil Prices Ahead of U.S.-Iran Negotiations
West Texas Intermediate (WTI) crude oil
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West Texas Intermediate (WTI) crude oil prices have continued to decline for the second consecutive day, hovering around the round level of $66.00 per barrel. Pressure on WTI has intensified following a sharp increase in U.S. oil inventories, exacerbating concerns about a supply surplus in anticipation of the Energy Information Administration (EIA) report scheduled for later in the day. The American Petroleum Institute (API) reported a weekly increase in U.S. crude oil inventories of 11.4 million barrels for the week
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