WTI prices keep buying interest unchanged near $ 46.00. The two-day OPEC + meeting begins on Monday. Vaccine hopes continue to sustain demand for crude oil. WTI barrel prices add to Friday’s gains and managed to bounce away from lows initially touched in the $ 44.50 area. WTI with focus on OPEC +, data The […]
Tag: WTI
WTI backs off and fails to return above $ 45 with OPEC meeting in sight
Downward biased oil prices with the context of the OPEC + meeting dominating. WTI lost 1.35% on Monday, having bottomed out at $ 44.40, the lowest in six days. Oil is falling on Monday with the meeting of the Organization of the Petroleum Exporting Countries and its allies (OPEC +). They are discussing whether to […]
WTI trading at $ 45.00 despite assassination of top Iranian nuclear scientist
WTI Crude Oil is currently trading just below the day’s highs at $ 43.30 and remains within recent intraday ranges. Crude oil markets did not respond to recent confirmation by Iranian officials that Iran’s top nuclear scientist had been killed. Crude oil WTI It is currently trading right at the highs of the day at […]
WTI remains in the daily range above $ 45.00
West Texas Intermediate prices resumed higher on Friday, managing to reverse an initial drop to $ 44.50. WTI with its eyes on the reu. Donald WestbrookDonald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and […]
WTI retreats from highs above $ 46.00 per barrel
WTI prices reached levels above $ 46.00. Demand concerns resurface and weigh on confidence. The EIA reported that the supply of US crude fell 0.754 million last week. After hitting new 8-month highs above $ 46.00, WTI barrel prices They are down a bit on profit taking and resumption of demand concerns on Thursday. WTI […]
WTI retraces from eight-month highs above $ 46
WTI prices rise 30% in November to reach levels above $ 46. The EIA has reported an unexpected decline in US oil reserves. First month’s WTI futures They have traded higher for the sixth consecutive session on Wednesday, climbing to levels above $ 46 for the first time since early March, before falling back to […]
WTI retraces from highs since March, remains above $ 45.00
Optimism over the vaccine continues to drive oil, which has been at highs since early March. WTI reached as high as $ 45.65 before pulling back towards $ 45.00. The Oil continues to be one of the most benefited from the current context in financial markets, although the rise has moderated in recent hours. WTI […]
WTI extends earnings to $ 45.00, its highest level since March 6
WTI rose nearly $ 2 to $ 45 for the first time since early March on Tuesday. The confluence of risk factors, including declining political uncertainty and US vaccines, strong data and optimism from OPEC + are helping. The WTI it is trading nearly $ 2 or 4.5% on Tuesday, pushing the US benchmark for […]
WTI rises to 8-month highs near $ 44.00
WTI prices extend the rally to around $ 44.00. Prospects for higher demand remain optimistic. Below is API’s weekly report on the US crude oil supply. The rally at WTI it extends further and approaches the key level of $ 44.00 per barrel on Tuesday. WTI optimistic on demand, attentive to data US benchmark prices […]
WTI clings to gains around $ 43, extends positive streak for fourth day in a row
Crude oil prices continue to rise due to optimism for the choroanvirus vaccine. Upbeat US PMI data provides a boost to risk sentiment. Crude oil kicked off the new week with a firm foundation backed by positive developments around coronavirus vaccine candidates. A barrel of West Texas Intermediate (WTI) rose to its highest level since […]