WTI Oil
WTI Crude Oil is extracted from fields located in Texas, North Dakota, and Louisiana of the United States.
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Crude Prices Rally as Oversupply Fears Recede
June WTI crude oil (CLM25) Tuesday closed up +1.96 (+3.43%), and June RBOB gasoline (RBM25) closed up +0.0417 (+2.06%). Crude…
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Commodities – Oil, Natgas, Gold And Cocoa
Oil OPEC+ has agreed to another substantial production increase for June, once again by 411,000 barrels per day, mirroring the…
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Oil Rebounds 2% From Two Year Lows
Brent Crude oil prices (OIL) are rising over 2% today, rebounding from four-year lows. The recent declines were driven by…
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Chart of The Day – OIL.WTI
West Texas Intermediate (OIL.WTI) crude rebounded 1.5% to $58.19 on Tuesday following Monday’s 2% drop to its lowest level since…
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Does the WTI Crude Oil Market Make Sense?
WTI crude oil has fallen to prices not seen since February 2022. Yet the market’s forward curve continues to show…
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WTI rises above $57.50, continues recovery despite concerns over rising global supply
WTI price advances even as global supply concerns mount after OPEC+ moves to accelerate production hikes. The OPEC+ has pledged…
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WTI recovers early losses, acceleration in Oil output is still a concern
The outlook for the Oil price remains grim as the OPEC+ has announced that it will speed up the unwinding…
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WTI tumbles below $56.00 as OPEC+ accelerates output hikes
WTI price loses momentum to near $55.75 in Monday’s Asian session, down 4% on the day. OPEC+ is set to…
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OPEC+ Mulls Accelerated Output Hike in June, Eyes Increase of Up to 400,000 Bpd
The June WTI (CLM25) contract settled at 58.29 (-0.95) [-1.60%], high of 59.87, low of 57.74. Cash price is 59.24 (+1.04). Open interest…
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WTI rises to near $59.50 due to potential easing of U.S.-China tensions
WTI price rises due to growing optimism over a potential easing of tensions between the US and China. Trump indicated…
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