WTI Crude Surges Above $80: Is Bullish Momentum Here to Stay?

WTI Crude Oil surges above $80, hitting a 5-month high as freight costs climb and crude draws outpace expectations. Key resistance at $80.14 could define today’s momentum. Settlement above or below $79.59 is critical—stay tuned!Stacked oil barrels by JONGHO SHIN via iStock