WTI Crude Technical: Weakness Prevails Below US$64.36/Barrel as Geopolitical Risk Premium Fizzles Out

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The price actions of the West Texas Oil CFD (a proxy for the WTI crude futures) have declined by -7% from the 2 September 2025 high of US$66.52 to last Friday, 5 September 2025 low of US$61.85 on the backdrop of a weaker global demand, primarily on the deteriorating US labour market. The recent bounce […]The post WTI Crude Technical: Weakness Prevails Below US$64.36/Barrel as Geopolitical Risk Premium Fizzles Out appeared first on Action Forex.