15 Aug 2025
WTI rises above $63.00 as Trump-Putin meeting looms
WTI price trades in positive territory near $63.20 in Friday’s early Asian session.
Oil traders will closely monitor Friday’s meeting between Trump and Putin for fresh direction.
US crude inventories built against forecasts last week.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.20 during the early Asian trading hours on Friday. The WTI edges higher as traders remain cautious ahead of a crucial meeting between US President Donald Trump and Russian President Vladimir Putin in Alaska on Friday to end the Russia-Ukraine war.
