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Commodity Mid Session News

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(22 Apr 2025, 14:58)

WTI Crude bounces impressively to bounce above $63 per barrel

Crude oil is in a recovery mode today after a steep correction in last session. WTI crude oil futures are approaching near two-week high after sliding more than 3.5% in the previous session. The counter currently trades at $63.48 per barrel, up 1.70% on the day. Equities are mixed today but a deep slide in the US dollar index, which tanked under 98 mark, supported commodities very firmly. The near-term focus is going to stay on the broad tariff worries and US-Iran talks.
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