WTI Oil Is Mostly Flat Despite Iran Sanctions. WTI oil is mostly flat as traders react to new Iran sanctions. From a big picture point of view, traders remain worried about the consequences of the U.S. – China trade war.
If WTI oil pulls back below the $62.50 level, it will gain additional downside momentum and move towards the $60.00 level.
WTI Oil 230425 Daily Chart
