23-Dec-2025

WTI Crude off one-week high amid cautious trades

WTI Crude oil futures eased a bit after strong gains in last session. The counter soared around 2.60% yesterday but found it difficult to sustain at one-week high above $58 per barrel. The US stocks closed on a positive note on Monday amidst strong performance by technology stocks. This boosted oil but a cautious sentiment was seen today ahead of Christmas and year-end holidays. WTI Crude oil is currently trading at $57.96 per barrel, down 0.09% on the day. Economic calendar is light in US and Europe though weakness in the US dollar could likely cap losses in Crude oil futures.

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