BitcoinWorld WTI Price Outlook: Middle East Conflict Poses Risks to Recovery Near $78. As of this week, WTI crude oil prices are on the rise, approaching $78 per barrel, fueled by increasing concerns regarding internal conflicts in the Middle East that could jeopardize global supply stability. The benchmark has bounced back from recent lows as traders assess the likelihood of supply disruptions in a region that accounts for nearly a significant portion of global oil production. This post WTI Price Outlook: Middle East Conflict Poses Risks to Recovery Near $78 first appeared on BitcoinWorld.