Before traders assume the reason for WTI Crude Oil trading within sight of mid-term highs is due to Middle East tensions increasing, traders should consider the fact that Middle East tensions have been high since the 7th of October. Since October, WTI Crude Oil has seen a high of nearly 90.000 USD on the 18th and 20th of October. The Mid-Term Price of WTI Crude Oil Suggest Speculation is a Factor However, since then the highs of the commodity were traversed in mid-October, prices reversed lower. The 80.000 ratio was tested in the middle and the end of November, towards the end of January and the recent past week. It ... (full story)