WTI oil price rebounds above $81 today It continued to improve from last week.
At 8:18 pm Thai time, West Texas crude oil price (WTI) for delivery in April. it added $0.44 or 0.54% to $81.48/barrel.
Oil prices rose almost 4% last week. amid concerns about tight oil conditions
Oil prices received positive factors from reports from the Organization of the Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA), which predicted tight oil conditions this year.
Furthermore, oil prices were supported by the Ukrainian drone attack on Russian oil refineries. which affects the amount of oil in the market
Investors will be watching this week’s Federal Reserve (Fed) monetary policy meeting, as well as Fed Chairman Jerome Powell’s statement, for signs of the Fed’s first interest rate cuts of the year.
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