The price of West Texas Intermediate (WTI) crude oil is approaching the 80perbarrelmarkandislikelytoremainstrongthisyear.TheU.S.EnergyInformationAdministration(“EIA”)projectsWTIoiltoaverage83.05 per barrel in 2024, a notable increase from last year's 77.58.ContributingtothestrengthofcommoditypricesarevoluntaryproductioncutsfromtheOPEC+groupandongoinggeopoliticaltensions. Whilecrudepricesremainfavorable,thelikelihoodofthecommodityreaching100 per barre ...