WTI Oil
WTI Crude Oil is extracted from fields located in Texas, North Dakota, and Louisiana of the United States.
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Oil is doing the thing that no one thought it would do
Can it break out? The week began with OPEC adding barrels once again and there was also a mid-week report that Saudi…
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Crude Prices Rise on Energy Demand Optimism
July WTI crude oil (CLN25) Friday closed up +1.21 (+1.91%), and July RBOB gasoline (RBN25) closed up +0.0139 (+0.67%). Crude…
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WTI consolidates around mid-$62.00s; looks to US NFP for fresh impetus
WTI lacks firm intraday direction, though it remains on track to register weekly gains. The US-China trade talks raise hopes…
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Crude Prices Settle Higher on Dollar Weakness and US-China Trade Optimism
July WTI crude oil (CLN25) Thursday closed up +0.52 (+0.83%), and July RBOB gasoline (RBN25) closed up +0.0289 (+1.42%). Crude…
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WTI Recovery halts at $63.00 amid fears of an Oil glut
U.S. Gasoline stocks increased beyond expectations last week. Saudi Arabia is pushing OPEC+ countries to hike output again in August.…
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Crude Prices Tumble on Reports Saudi Arabia Seeks Additional Production Hikes
July WTI crude oil (CLN25) today is down -0.86 (-1.36%), and July RBOB gasoline (RBN25) is down -0.0465 (-2.24%). Crude…
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Oil Ticks Lower After EIA Report
03:30 PM BST, United States – EIA Data: Crude Oil Inventories: actual -4.304M; forecast -2.900M; previous -2.795M; Gasoline Inventories: actual 5.219M; forecast 1.500M;…
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WTI eases amid a stronger USD, but remains close to $63.00
Oil corrects lower following a 3.5% rally over the last two days. US Dollar’s recovery from six-week lows is weighing…
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Crude Prices Settle Higher on Energy Demand Optimism and Canadian Wildfires
July WTI crude oil (CLN25) Tuesday closed up +0.89 (+1.42%), and July RBOB gasoline (RBN25) closed up +0.0263 (+1.28%). Crude…
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WTI Crude Oil extends gains as Canada wildfires, geopolitical tensions, and a broadly weaker US Dollar support prices
WTI Crude Oil trades near $63.06, up nearly 2% intraday on Tuesday. Canadian wildfires disrupt 350,000 barrels per day of…
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