WTI futures price advanced to $79.05 after China’s stimulus measures boosted global commodity sentiment. Market players eye the 200-day moving average as a key psychological level. W&T Offshore, Inc. ( NYSE:WTI ) shareholders (or potential shareholders) will be happy to see that the Founder, Tracy Krohn, recently bought a whopping US$527k worth of stock, at a price of US$1.84. There's no denying a buy of that magnitude suggests conviction in a brighter future, although we do note that proportionally it only increased their holding by 0.6%. Crude Oil Rises Again: What’s Driving WTI And Brent Higher WTI futures price ticked up to $79.18 amid firm equity market performance, as cross-asset flows show renewed commodity allocation. Analysts advise watching dollar index trends for correlated oil price impact.