WTI Oil
WTI Crude Oil is extracted from fields located in Texas, North Dakota, and Louisiana of the United States.
-
WTI continues to rise toward $69.00 due to improved demand outlook in China
WTI price appreciates as China announced plans to adopt proactive fiscal stimulus measures next year. API Weekly Crude Oil Stock…
Read More » -
WTI recovers from multi-week low, climbs closer to mid-$67.00s
WTI attracts some buyers and snaps a three-day losing streak to a multi-week trough. Rising Middle East tensions turn out…
Read More » -
WTI remains depressed below $68.50; OPEC+ meeting eyed for fresh impetus
WTI drifts lower for the second successive day, though any meaningful slide seems elusive. Concerns that geopolitical tensions can cause…
Read More » -
Oil Above $75 as WSJ Sources Say That Saud Arabia Plans to Extend Production Cuts
Brent Crude (OIL) gains more than 0.5% today, rising above $74 per barrel, as The Wall Street Journal sources said…
Read More » -
Oil Gains 1% as Markets Await OPEC+
Oil (OIL) is gaining more than 1% today, as markets await the OPEC+ decision on Thursday. It is likely that…
Read More » -
Lets Talk Commodities
Oil: November’s PMI indices from China and US ISM Manufacturing came in stronger than expected, suggesting limited potential for demand…
Read More » -
Crude Oil slowly picks up with traders bracing for OPEC+ meeting this week
Oil prices starts to tick up with traders prepositioning for the upcoming OPEC+ meeting on Thursday. OPEC+ got accused for…
Read More » -
Crude Gives Up Early Gains and Closes Lower on Weak Chinese Energy Demand
January WTI crude oil (CLF25) Friday closed down -0.72 (-1.05%), and January RBOB gasoline (RBF25) closed down -0.0296 (-1.53%). Crude…
Read More » -
WTI depreciates below $68.50, downside appears limited due to rising geopolitical tensions
WTI may find support as traders assess reports that Israel and Hezbollah exchanged accusations of breaching the ceasefire agreement. Russian…
Read More » -
Oil – WTI Drops After Possible Israel – Hezbollah Ceasefire Deal
OIL.WTI drops 0.8% to 68.8 USD zone after possible Israel-Hezbollah ceasefire deal. As it was reported by CBS news agency, Biden…
Read More »