WTI USOIL

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WTI USOIL WTI Oil FutureFX:USOILShavyfxhubAs of July 19, 2025, the WTI crude oil price is hovering around $67.342 to $68.83 per barrel after attempting 77.52$ per barrel on Israel Iran conflict in the middle east. As a trader Make out time to look into OPEC WORLD OIL OUTLOOK(WOO) REPORT,SPR REPORT , this woo report provide comprehensive industry forecast and strategic petroleum reserve gives insight into united state energy status. OPEC meetings are usually held in Vienna and involves discussions and agreement on oil production quotas affecting the global crude oil supply and prices. oil sharply rose during Israel and Iran geopolitical tension and on the supply roof rejected AT 77.52$ PER BARREL .. Supply remains cautiously controlled because price is influenced by demand and supply system , but global economic uncertainties and trade tensions, especially involving tariffs and sanctions, continue to influence oil demand expectations. the US Strategic petroleum reserve (SPR) is the united states emergency crude oil stockpile managed by department of energy ,it act as a buffer to protect against significant supply disruption of oil market, the SPR holds hundreds of millions of barrels of crude oil stored in the underground salt caverns along the gulf coast.it can be tapped to stabilize the market during supply crises or emergencies . the U.S government occasionally release oil from the SPR to ease supply shortage or control fuel prices coordinated with other countries through the international energy agency if need be.the status and release are regularly monitored as they affect global oil prices and energy security Am holding WTI OIL low buy and will continue until the break of demand floor and might add more buy if the sentiment holds buy idea. Trading OIL AND GAS is 100% probability , No one can tell the next crisis and global energy supply disruption. Manage your risk.