Crude oil prices today: WTI is trading at $68.42
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors related to U.S. and international supply and demand conditions. For example, the Brent/WTI spread hit nearly $14/bbl in April 2011 when protests sparked market fears of significant oil supply disruptions in the Middle East.
Oil prices touch their lowest level in 2 weeks
U.S. and global crude-oil prices on Wednesday touched their lowest levels in about two weeks, a day after OPEC+ lowered expectations for global demand growth. Trade
Oil Prices Rise Slightly as Markets Worry About Demand
WTI crude futures recover from a sluggish opening and close higher ... The recent price weakness "was actually linked to perceived hit to oil demand in any trade war between the US and China," Mizuho's Robert Yawger says. The Chinese "have been the global ...
Oil slips towards 2-week low on gloomy demand outlook
Oil prices slipped on Wednesday, trading near their lowest in two weeks, a day after OPEC lowered global oil demand growth forecasts for 2024 and 2025 and amid demand concerns in China. OPEC cited weakness in China,
Oil prices trade at 2-week lows on bets for a demand slowdown, supply surplus
Oil futures declined on Wednesday, with U.S. and global benchmark prices touching their lowest levels in about two weeks after a group of major oil producers lowered expectations for global demand growth.
Devon Energy sees US crude oil at $60-$80 per barrel for foreseeable future
Benchmark U.S. West Texas Intermediate (WTI) crude oil will cost $60-$80 per barrel in the foreseeable future, shale producer ...
Crude Oil Prices6h
Oil Rises On Surprise Crude Draw
On Tuesday, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) rose ...
Barchart on MSN1d
Crude Oil Pressured by a Stronger Dollar and Global Energy Demand Concerns
December WTI crude oil (CLZ24) today is down -0.11 (-0.16%), and December RBOB gasoline (RBZ24) is up +0.0023 (+0.12%).
Legit on MSN1d
Revealed! FG predicts crude oil production to rise in 2024
As officials strengthen security around the nation's oil infrastructure and incentives in the industry draw investment, ...
U.S. Crude-Oil Stockpiles Rose, Analysts Say
U.S. refinery capacity is forecast to have risen to 91.3% in the week ended Nov. 8, from 90.5% in the previous week. "U.S. Crude-Oil Stockpiles Rose, Analysts Say," at 2:20 p.m. ET, incorrectly said ...
cnbctv182h
Oil prices edge lower amidst middle east outlook and surging US Dollar
Crude has alternated between weekly gains and losses since mid-October, with traders weighing tensions in the Middle East, OPEC+ supply policy, and risks to demand growth, especially in China.
Investopedia on MSN2d
Understanding the Correlation Between Oil and Currency
She is the CEO of Xaris Financial Enterprises and a course facilitator for Cornell University. There is a hidden string that ...
ig.com1d
Brent crude oil price drops 5%, silver 13% from recent highs while wheat price stabilises
The Brent crude oil front month futures price has fallen by over 5% from last week’s 76.13 high which was made right within ...
Oil Edges Higher but China Fears Persist
Oil prices were edging higher in early trade but still face significant downward pressure. There is little to alleviate ...
Oil prices don't have a 'sustainable path' higher: Analyst
CFRA Research Energy equity analyst and deputy research director Stewart Glickman joins Asking for a Trend to discuss his ...