Fed's Stance and WTI Impact

Last night, the Fed signaled a more hawkish stance than expected. The market seems to have reacted negatively to this news, especially growth stocks like $WOLF, which plunged by -10.23%. This will undoubtedly pressure all asset classes, including WTI crude oil. If interest rates continue to rise, oil demand will slow down. This is a factor we need to monitor closely when considering WTI trades next week.