WTI Oil Price | FX Empire

Stats

Prev. Close

84.350

High

84.761

Low

84.236

Ask

84.462

Bid

84.422

Spread

0.0400

Price Drivers

United States GDP Annual Growth Rate

Brent Oil

United States Interest Rate

Value:4.90%

Strong U.S. GDP Growth is bullish for WTI oil as demand for oil grows together with the economy.

EUR/USD

S&P Industrial Sector

Value:$1.1403

Weaker EUR/USD is bearish for WTI oil as WTI oil is quoted in U.S. dollars

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Economic Calendar

Time zone: GMT

Sunday, January 16th 2022

Time	Time Left	Country	Event	Impact	Actual	Forecast	Previous
23:50		JPY	Machinery Orders YoY		11.6 %	6.1 %	2.9 %
23:50		JPY	Machinery Orders MoM		3.4 %	1.4 %	3.8 %

Monday, January 17th 2022

Time	Time Left	Country	Event	Actual	Forecast	Previous
00:00		EUR	Eurogroup Meeting
00:30		AUD	Building Permits MoM Final	3.6 %	3.6 %	-13.6 %
02:00	00:18	CNY	Industrial Production YoY		3.6 %	3.8 %
02:00	00:18	CNY	Retail Sales YoY		3.7 %	3.9 %
02:00	00:18	CNY	GDP Growth Rate YoY		3.6 %	4.9 %