Commodity traders stay bullish as WTI crude oil adds $1.04 or 1.45%

Published: May 27 2023, 08:00 GMT+0

Commodity traders stay bullish as WTI crude oil adds $1.04 or 1.45%

A quick look at yesterday: Crude Oil ended Thursday at $71.83. yesterday it went up to $73.05 only to drop back, yet still managed to close at $72.87 per barrel.

24 days ago, US crude oil fell to a low of $68.25 but has since recovered 5.25%.

This rally in US crude oil's price coincides with other Energy as Heating Oil goes up 1.24% yesterday and closed at $2.35. Notably, Brent Crude Oil rose 1.21% yesterday and closed at $76.26.

Meanwhile, Natural Gas is down to $2.42, losing 5.8 cents, after ending the previous session around $2.48.

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