Crude oil prices rise, WTI tests $80, Brent remains above $84
2026-08-10 20:46:01
According to CoinMeta, crude oil prices rose on August 10th, with WTI crude approaching $80, while Brent crude remained above $84 due to the geopolitical risks associated with the Strait of Hormuz returning to the market. Analysts pointed out that WTI is within the technical resistance range of $79-$80, and a breakthrough could push prices towards $85.91, $87.56, and $89.22. Meanwhile, the latest data shows that U.S. commercial crude oil inventories increased by 2.5 million barrels to 407 million barrels, exceeding market expectations.
Source:Coinpaper
This content is for market information only and does not constitute investment advice.
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