WTI struggles to hold above $76 on hopes of de-escalating Middle East conflict | FXStreet

West Texas Intermediate (WTI), futures on NYMEX, are up 2% to near $76.00 during the European trading session on Thursday. The Oil price trades firmly but struggles to stabilize above the $76.00 hu...

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WTI struggles to hold above $76 on hopes of de-escalating Middle East conflict | FXStreet

Source: FXStreet

West Texas Intermediate (WTI), futures on NYMEX, are up 2% to near $76.00 during the European trading session on Thursday. The Oil price trades firmly but struggles to stabilize above the $76.00 hurdle due to signs of de-escalation in conflicts between the United States (US), Israel, and Iran.