Tag: WTI

Europe’s WTI Supply To Tail Off

Deliveries of key US crude WTI to Europe are poised to fall in September, potentially supporting prices for regional grades, says an article published...

Oil Posts 5th Week of Gains on Signals of Tighter Supply

Oil prices rose on Friday and notched a fifth straight week of gains as investors were optimistic that healthy demand and supply cuts will...

API Confirms Small Crude Build

Crude oil inventories in the United States increased this week by 1.024 million barrels, the American Petroleum Institute (API) data showed, says an article...

Oil Extends Losses As Goldman Forecast Clouds Market Outlook

Demand concerns dominate sentiment even amid deeper Saudi cuts WTI drops below $68 after posting weekly decline Friday Oil extended losses as Goldman Sachs...

Oil Prices Edge Up By 1% Amid Surging Demand And Shrinking...

Oil prices edged up 1% on Monday with a rise in U.S. gasoline futures and forecasts for oil demand to rise in the second...

Crude Rallies Amid Tight Global Supply & Recession Fears

OPEC+ delegates suggest no September output hike US sees consecutive quarterly GDP contractions US Dollar tests 1-month lows Crude oil futures settled higher July...

Crude Oil Plunges Below $100 Amid Recession Fears

US oil slumped below $100 on Tuesday as growing fears of recession caught up with the market. Many analysts said the sell-off went...

Oil Rises Amid Bullish Market and Ukraine Tensions

Oil rose as leading market participants said they expect global demand to continue its powerful recovery from the pandemic and tensions mounted over Ukraine,...

Oil Prices Hits Record Low

  New variant may worsen oil outlook before OPEC+ Dec 2 meet OPEC panel sees surplus growing in first quarter Oil prices plunged $10 a...

Crude Oil Futures Slip Amid European Lockdowns & Stronger US Dollar

European lockdowns threaten demand outlooks ICE Brent falls below $80/b US dollar pushes to 16-month high Crude oil futures moved sharply lower Nov. 19...
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