Tag: WTI

Oil Prices Plunge Amid Renewed COVID Fears

While Covid maintains its retreat globally, regional waves are enough to inspire bearish sentiment among crude traders, and that was the case on Friday...

Oil Prices Slip Amid Supply Rise Expectations

Oil prices slipped on Tuesday as a rebound in COVID-19 cases in Europe raised concerns over demand amid expectation that supply will rise, while...

Global Oil Prices Plunge Into Close Amid Inflation Fears

Brent and WTI prices retreat from two-week highs U.S. crude stocks rose by 1 mln bbls last week - EIA Inflation data boosts...

Oil Rises on Demand Inspite of China Releasing Fuel Reserves

Kuwait, Iraq say OPEC+ should stick to increased targets China releases gasoline, diesel reserves to bolster local supply Biden pushes G20 energy producing...

Crude Futures Settled At Fresh Multi-year Highs

Crude futures settled at fresh multi-year highs Oct. 15 as continued recovery in global energy demand added pressure to near-term supply outlooks, says a...

Oil Goes Past $80 for First Time in 3 Years

Oil prices climbed above $80 (£59) a barrel, hitting their highest level in three years as the pound slumped. Brent crude, the international...

Oil Price Fall Continues as China’s Outbreak Weighs on Demand

Oil slumped in New York after a surprise increase ins U.S. crude inventories added to renewed concerns about demand recovery as China battles the...

Oil Price Headed Higher, Benchmark Brent Posting a Fourth Monthly Gain

Benchmarks post over 2% weekly gains, Brent up for the 4th month. Vaccines are likely to mitigate Delta's impact on demand -analysts. U.S....

Oil Prices Up $1.50/bbl As Demand Grows

Demand has seen outstripping supply in the second half of the year. U.S. crude inventories rise but still falling at Cushing - EIA. ...

$100/barrel Landmark Oil Price Possible?

Oil prices lurching back to $100/barrel is now a distinct possibility, says analysts. Prices are up so far this year due to vaccines...
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