Wti stock price forecast traders examining the WTI stock price

Traders examining the WTI stock price forecast are noting elevated volatility measures. Historical volatility has crossed above its 50-day average, suggesting that option premiums might expand, benefiting those positioned in long calls. Sterling rose for the fifth consecutive day, as UK financial services activity steadied after a sharp fall, according to the latest CBI financial services survey overnight. Business volumes declined with a weighted balance of -36%, down from -24% in June. Global monthly fossil fuel price indices 2021-2025, by fuel Market technicians note that a breakout above $78.50 could trigger stop orders, adding upward velocity in crude futures contracts.