WTI Crude Oil: Crisis Rally Pushes Crude Past $100 As Middle East Supply Collapses

Traders Union697 FollowersFollow5ShareSavePlay(4min)CommentsSummaryWTI breaks beyond $100 just after rising over 13% in one session.Middle East disruptions reduced output in Iraq, Kuwait and the UAE.Daily RSI above 90 signals extreme momentum following breakout. spawns/iStock via Getty Images By Parshwa Turakhiya ​WTI oil (CL1:COM) surged above the $100 level on Monday following one of the most dramatic rallies in recent energy market history. With prices rising by more than 13% in the session and brieflyThis article was written byTraders Union697 FollowersFollowTraders Union is a leading financial portal dedicated to empowering traders and investors with essential information to maximize their success in the financial markets. Its mission is to create a trusted platform where users can easily access comprehensive details about the top brokerage firms offering the most favorable and seamless trading conditions. Founded in 2010, Traders Union was built on the idea of providing thorough and unbiased reviews of international forex brokers, along with high-quality content covering global trading and investment trends. Traders Union saves time and effort by making the process of selecting a reliable broker hassle-free. With the Traders Union Broker Rating, users have all the data needed to make well-informed decisions, eliminating the need for endless research and review reading.