Back to news
11 Sept 2026 · 19:02 GMT+3

WTI Oil Price Forecast: corrects lower after reaching overbought levels

West Texas Intermediate (WTI) Oil comes under heavy selling pressure on Friday as traders lock in profits following a sharp rally that pushed the US benchmark to its highest level since May 21. At the time of writing, WTI trades around $96.50, down roughly 4% on the day.

Trading involves risk. The information above is for reference only and does not constitute investment advice.