Oil prediction ticks up as WTI nears $75 mark on Iran tensions
· flowframe Pulse
The market climbed as West Texas Intermediate crude approached the $75 threshold following reported U.S. and Israeli strikes on Iran and threats to the Strait of Hormuz. While OPEC+ agreed to a modest output increase on March 1, supply concerns remain elevated after reports of a drone strike on Saudi Arabia’s Ras Tanura refinery.
91¢ → 95¢ • Vol: $0.5M