The benchmark US crude West Texas Intermediate remains under some selling pressure for the second day and reversed a major part of weekly gains, trading below mid-$68.00s, down 0.30% for the day,
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.25 on Monday, edging lower as the stronger US dollar broadly drags the USD-denominated commodity price lower. President-elect Donald Trump’s
Τhe US benchmark West Texas Intermediate crude oil is trading around $68.75 on Wednesday. The WTI price edges higher amid the uncertainty for the US oil industry and the large surprise crude
By Charles Ellinas The benchmark Brent crude oil price climbed to around $74/barrel this week following Russia’s warning it could use nuclear weapons in the war with Ukraine. However, rising non-OPEC supply
West Texas Intermediate (WTI), the benchmark US crude oil, is trading around $68.40 on Friday, with the price remaining steady as a steep draw in US fuel stocks offset oversupply fears. The
By Charles Ellinas Crude oil prices receded to $75/barrel following speculation Israel will focus on hitting military and intelligence targets rather than Iran’s oil export terminals and refineries. Prices are going down
West Texas Intermediate prices struggled to capitalise on Monday’s modest gains and oscillated in a narrow band, around the $69.70-69.75 area on Tuesday. The US benchmark crude oil remained within striking distance
By Naeem Aslam Oil prices continue to deflate while war tensions are very much anchored in place between Iran and Iraq. There is no doubt that two groups of traders are currently
West Texas Intermediate (WTI) crude oil prices kicked off the new week on a weaker note, moving away from a five-month peak and levels beyond the $75.00 psychological mark seen on Friday.
By Naeem Aslam Wednesday is not your typical ADP morning, which usually drives the price action. In fact, US and European stock futures are very much looking at a scenario under which
