WTI Crude Will Rise After Iran MOU Lapse

WTI will close higher on August 19 as geopolitical risk and Friday momentum push the active-month contract above the prior close. CLU26 had climbed +0.80 (+0.95%) on August 18 and hit three-week highs, and September WTI traded at $84.39 on August 18 with an intraday high of $85.18. The 60-day memor…