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
The benchmark West Texas Intermediate (WTI) trades around $68.60 in early Asian markets on Friday, hovering around 68.37 recorded on Thursday, the lowest since December 2023. Crude oil prices depreciate due to
West Texas Intermediate (WTI) crude oil prices are building on the overnight recovery from the $80.00 level, or a two-week low and gaining follow-through positive traction during Asian trading on Thursday. The
West Texas Intermediate (WTI) futures on NYMEX look set to close the week on a bearish note, as the crude oil price extended its losing spree for the fifth trading session on
West Texas Intermediate (WTI) futures dropped slightly to the crucial support of $85.00 in early trading in European markets on Wednesday. The crude oil price comes under pressure on weak demand outlook
The oil price is now over $86/barrel. According to the IEA this is due to tight supply, increasing demand, the Middle East conflict and Houthi attacks on vessels in the Red Sea.
The benchmark West Texas Intermediate (WTI) crude oil price hovered around $77.80 per barrel in Asian trading on Tuesday. Oil markets remain subdued, awaiting the release of the Consumer Price Index (CPI)
Fuel prices are set to increase by up to 10 cents per litre by the end of the month due to the reduction in global production, said the Petrol Station Owners Association.
A new note from research consultancy Energy Aspects cautioned that US crude oil output from shale basins could peak in 2024. The note referenced five crude oil producers in the US considering
By Jeffrey Halley Last Friday’s Wall Street price action was enough to spark risk sentiment rallies on forex markets, led by the usual suspects, the Euro and the Australian Dollar, although not
