Crude Oil Price Today: WTI Bullish at European Opening

Crude Oil Price Today: WTI Bullish at European Opening

By tredu.com 5/29/2025

Tredu

Oil marketBrent crude oilWTI crude oil
Crude Oil Price Today: WTI Bullish at European Opening

Crude Oil Price Today: WTI Bullish at European Opening

West Texas Intermediate (WTI) crude oil price rose early in the European session on Thursday, trading at $62.64 per barrel, up from Wednesday’s close of $61.62. The bullish momentum reflects ongoing market optimism.

Brent Crude Also Gains

Brent crude oil followed suit, increasing from Wednesday’s close of $64.29 to trade at $65.29. Both benchmarks signal strength in the energy markets amid global supply and demand factors.

Market Outlook

Investors remain watchful of geopolitical events and inventory data that could influence crude prices in the coming days. The European trading session sets the tone for daily price movements in the oil market.

Internal Links for Tredu.com

  • WTI Crude Oil Market Analysis
  • Brent Crude Price Trends
  • Global Energy Market Updates
  • Commodity Trading Basics
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