Wti stock price forecast highlights seasonal gasoline demand

WTI stock price forecast highlights seasonal gasoline demand spikes. Historical price data suggests WTI often gains 3–5% in late Q2, aligning with refinery output increases. The next round of talks between the U.S. and Russia aimed at improving relations could take place before the end of autumn, the state TASS news agency reported Russian Deputy Foreign Minister Sergei Ryabkov as saying. A surprise 3 million barrel draw in U.S. crude inventories added to the bullish momentum. Saudi Arabia’s decision to raise September prices to Asia for a second month further reflects tight supply and resilient demand. WTI stock price forecast centers on continued drawdowns from Cushing, Oklahoma storage. These drawdowns typically tighten supply balances, underpinning bullish sentiment among both asset managers and retail traders in oil-linked equities.