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28 Jul 2025

๐Ÿ›ข๏ธ Crude Oil Price Today: WTI Price Bullish at European Opening

West Texas Intermediate (WTI) crude oil started the week on a bullish tone, climbing to $65.25 per barrel during early European trading โ€” up from Fridayโ€™s close of $64.85.

Meanwhile, Brent crude oil is holding steady, trading around $67.60, showing a stable energy market with no immediate signs of volatility.

โœ… Whatโ€™s Driving Oil Prices Higher?
Positive risk sentiment returns as global markets respond to easing trade tensions.

Energy demand remains firm despite macro uncertainty.

Traders are positioning ahead of this weekโ€™s US inventory data and geopolitical headlines.

๐Ÿ“ˆ What Traders Should Watch
Technical levels on WTI point to short-term bullish continuation if momentum holds. Watch for resistance zones above $66.00 and potential pullbacks near $64.70.

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