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Tag: WTI

Today
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WTI bears look for a downside continuation for the days ahead
West Texas Intermediate is higher on the day so far, up over 2.45% at the time of writing, having ranged between a low of $76.03 and $79.61 so far. Th Read full article
2h ago
fxstreet.com
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OPEC+ likely to stick with existing oil output policy – Reuters
Citing five sources familiar with the matter, Reuters reported on Tuesday that OPEC and its allies including Russia, known collectively as OPEC+, was Read full article
6h ago
Oil
fxstreet.com
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Futures Movers: Oil prices move higher on hopes China will relax COVID curbs
Oil futures rise as traders see signs China may ease up on COVID-19 restrictions following a wave of protests Read full article
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Brent Crude Oil to surge higher again toward $110 next year – UBS
Brent has now more than fully reversed the sharp rise following Russia’s invasion of Ukraine. Nonetheless, economists at UBS expect Brent Crude Oil to Read full article
13h ago
Oil
fxstreet.com
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Russia’s Novak: Russia won't supply Oil under price cap in any case
“Russia won't supply oil under price cap in any case,” the country’s Deputy Prime Minister Alexander Novak said on Tuesday. Novak said: “Russia, Kazak Read full article
14h ago
Oil
fxstreet.com
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Crude Oil Futures: Door open to a near-term rebound
CME Group’s flash data for crude oil futures markets noted traders scaled back their open interest positions by more than 6K contracts on Monday, reve Read full article
14h ago
Oil
fxstreet.com
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USD/CAD declines towards 1.3400 as oil strengthens, US/Canada GDP eyed
The USD/CAD pair is looking for an immediate cushion after a massive sell-off post failing to sustain above the critical hurdle of 1.3500. The loonie Read full article
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Asian Stock Market: Beijing soars on stimulus announcement, oil eyes $80.00
Markets in the Asian domain have recovered dramatically after Chinese authorities considered economic stimulus to offset Covid-inspired bleak economic Read full article
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WTI rebound crosses $77.00 as China-linked fears ease, EU struggles over Russian oil price cap
WTI crude oil picks up bids to refresh intraday high near $77.25 while extending the late Monday’s recovery from the yearly low during Tuesday’s Asian Read full article
28.11.2022
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United States CFTC Oil NC Net Positions dipped from previous 274.8K to 252.5K
United States CFTC Oil NC Net Positions dipped from previous 274.8K to 252.5K Read full article
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Commodities Corner: U.S. oil taps its lowest price of the year thanks to China as OPEC+ output decision looms
U.S. oil prices on Monday briefly erase their year-to-date gain as uncertainty surrounds Chinese energy demand and an OPEC+ output decision looms. Read full article
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Market Extra: Energy stocks look ‘especially vulnerable’ to crude-oil selloff
The energy sector ETF has kept rising even as crude futures have plunged, suggesting oil stocks could be especially vulnerable if oil prices keep falling. Read full article
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Defying forecasts, crude oil prices have wiped out most of this year's gains and could head lower
Oil prices are defying expectations and are barely higher on the year, as the outlook for oil demand continues to deteriorate for now. Read full article
1d ago
Oil
CNBC
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We're adding to an oil stock on Monday's dip, with a big buyer of crude on standby
We'll continue to look to add to our oil stocks if crude goes lower because we know a big buyer is waiting in the wings: the U.S. government. Read full article
1d ago
Oil
CNBC
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Houston residents told to boil their water until at least late Monday
Schools are closed, but officials say they believe it to be largely precautionary. Read More Read full article
1d ago
Oil
Fortune
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Brent Crude Oil to extend its slide towards the $79.20/$77.50 area – SocGen
Brent Crude Oil has broken below the key support level of $83. Strategists at Société Générale note that the next targets are located at $79.20/$77.50 Read full article
1d ago
Oil
fxstreet.com
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Futures Movers: U.S. oil price erases 2022 gain as China protests stoke demand fears
Oil futures fall sharply Monday, wiping out the year's gain for the U.S. benchmark, as China protests stoke demand worries. Read full article
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Crude Oil Futures: Scope for further decline
CME Group’s flash data for crude oil futures markets noted traders added just 715 contracts to their open interest positions at the end of last week, Read full article
2d ago
Oil
fxstreet.com
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USD/INR Price News: Indian Rupee struggles around 81.70 as softer oil jostles with risk-off mood
USD/INR remains directionless around 81.70 as it drops from the intraday high during early Monday morning in Europe. In doing so, the Indian Rupee bal Read full article
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Asian Stock Market: China’s anti-Covid curb protests hurt sentiment, oil refreshes 11-month low
Markets in the Asian domain are facing immense pressure amid unrest in China on Covid-19 restrictions. Individuals have come to the roads protesting f Read full article
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WTI renews yearly low as Coronavirus woes join fears of higher supplies, oil price cap
WTI crude oil drops to the fresh low of 2022 as bears poked $73.90 amid a broad risk-aversion wave, as well as fears of increasing supply and less dem Read full article
2d ago
fxstreet.com
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Futures Movers: U.S. stock futures fall as Chinese protests rattle markets, oil hits 2022 low
U.S. stock-index futures sank Sunday night, as Asian markets fell following widespread public demonstrations in China and as oil hit a 2022 low. Read full article
2d ago
Oil
marketwatch.com
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WTI Price Analysis: Bears poke $76.00 with eyes on further downside
WTI crude oil price stays depressed as it flirts with $76.00 during early Monday. In doing so, the black gold drops for the second consecutive day whi Read full article
2d ago
fxstreet.com
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27.11.2022
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USD/CAD stays firmer around 1.3400 as oil price declines, focus on US/Canada employment data
USD/CAD bulls attack the 1.3400 threshold while extending Friday’s corrective bounce during Monday’s Asian session. In doing so, the Loonie pair cheer Read full article
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