WTIUSD

The EIA Crude Oil Stocks, which will be announced today, is the most critical data for WTI. The expectation is for stocks to decrease by 2 million barrels. Although a more moderate decline is anticipated compared to the previous period's drop of 6 million barrels, a larger-than-expected decrease could strengthen demand perception and push oil prices higher. In a contrary scenario, an unexpected increase in stocks poses a risk of putting pressure on prices by raising concerns about oversupply.