This week begins with a clear bearish trend, marking a pause after two weeks of strong gains driven by the crisis in the Middle East.
Current Price Outlook
At the close of today (August 24), prices are trading lower:
· Brent: ~$91.91 per barrel, down -2.62%.
· WTI: ~$85.31 per barrel, retreating -2.01%.
This pullback is attributed mainly to investors taking profits. The market is pausing, awaiting new catalysts—especially the U.S. economic isolation plan against Iran .#BZUSDT #CLUSDT
Current Price Outlook
At the close of today (August 24), prices are trading lower:
· Brent: ~$91.91 per barrel, down -2.62%.
· WTI: ~$85.31 per barrel, retreating -2.01%.
This pullback is attributed mainly to investors taking profits. The market is pausing, awaiting new catalysts—especially the U.S. economic isolation plan against Iran .#BZUSDT #CLUSDT