Odds of WTI crude hitting $80 in April ease to 54¢ as demand concerns linger
· flowframe Pulse
The 4.0% dip in the WTI $80 target probability follows signals that central banks may maintain higher interest rates for longer, potentially dampening global energy demand. Additionally, a stabilization in geopolitical risk premiums and steady production levels have led traders to recalibrate the likelihood of a significant price breakout this month.
57¢ → 54¢ • Vol: $1.1M