WTI rises towards $77.00 on escalated Middle East tension, Houthi strikes at a ship

WTI rises towards $77.00 on escalated Middle East tension, Houthi strikes at a ship

- WTI price extends its gains on a threat of supply disruptions due to the Israel-Hamas conflict. - Yemen’s Houthi rebels launched missiles at a ship headed for a port in Iran. - US top shale-producing regions could increase output by 20,000 bpd to 9.7 million bpd in March. West Texas Intermediate (WTI) oil price extends its winning streak initiated on February 5, buoyed by heightened geopolitical tension in the Middle East. The price of Crude oil climbs towards $77.00 …