Supply Risks, Global Demand Growth, Short-Covering Push Crude Prices to New Highs - WTI Crude Oil 1/15/25

The March WTI (CLH25 ) trading session settled at 78.71 (+2.34) [+3.06%] , a high of 79.39, a low of 76.16. Cash price is at 77.51 (-1.36), while open interest for CLH25 is at 360,370. CLH25 settled above its 5 day (76.36), above its 20 day (72.15), above its 50...The index of oil up by Pashalgnatov via istock