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WTI Crude Gains 2% to $99.37 a Barrel, Nearing $100

The intraday rise leaves the price 63 cents below the $100 mark.

A black oil barrel pauses before a raised vermilion threshold / TokenPost.ai (macro)
A black oil barrel pauses before a raised vermilion threshold / TokenPost.ai (macro)

WTI crude climbed 2% during the day to $99.37 a barrel, moving close to $100 as crypto traders watched inflation-sensitive markets.

The price sits 63 cents below the $100 level. The quoted figure is per barrel, and the reported gain is for the day.

The move adds an oil-market datapoint for crypto readers following inflation-sensitive markets.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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