WTI crude futures fell more than 1%, breaking below $87 today. while investors sell to make profits After the price rose significantly earlier At 9:23 p.m. Thai time, the West Texas Crude Oil Contract (WTI) will be delivered in November. which was traded on the NYMEX market, down 0.89 dollars or 1.01% to 86.80 dollars/barrel. … Read more
Traders in the world’s financial markets are bracing themselves for volatile market fluctuations. Continuing conflict in the Middle East has increased demand for haven assets and forced investors to rethink the outlook for global interest rates. In the foreign exchange market, attention will likely be focused on movements in the US dollar, Japanese yen, and … Read more
WTI crude oil futures rose more than 1%, breaking through the $84 level as investors sent speculative buying into the market. After the price plummeted heavily earlier At 9:39 p.m. Thai time, the West Texas Crude Oil Contract (WTI) will be delivered in November. which was traded on the NYMEX market, added $1.11 or 1.33% … Read more
On the 28th, bonds fell around the world, especially British bonds. Investors around the world are accepting the view that monetary tightening will be prolonged. The yield on UK 10-year bonds rose 20 basis points (bp, 1bp = 0.01%) to 4.56%. If the index continues to decline, it is expected to be the largest single-day … Read more
Written by – Marwa Al-Ghoul Monday, September 25, 2023 02:00 PM Recorded Oil prices Today, Monday, Brent crude futures reached $93.27 per barrel, and US West Texas Intermediate crude futures recorded $90.03 per barrel, as prices witnessed a slight rise today. Oil prices in global markets recorded weekly losses for the first time in a … Read more
West Texas Crude Oil (WTI) contracts in New York closed negative on Thursday (Sept. 21), with the market pressured by concerns that high interest rates could affect the economy and oil demand. However, WTI oil prices closed slightly lower. This was because news of Russia announcing the suspension of oil exports around the world was … Read more
The unabated rise in oil prices is forcing the world to reconsider investment strategies. Airline stocks, currencies of oil importing countries, and government bond yields. These are just a handful of asset classes that are beginning to reflect the reality of North Sea Brent futures reaching the $95/barrel range. Meanwhile, strategists at Goldman Sachs Group … Read more
Analysts at ANZ said in a note that the growth in global oil demand is heading towards recording 2.1 million barrels per day, which is consistent with the expectations of the International Energy Agency and the Organization of the Petroleum Exporting Countries (OPEC). Traders are awaiting monetary policy decisions by central banks, including the Federal … Read more
WTI Crude Oil Continues Rebound Recently broke the level of $ 87 amid concerns about tight oil conditions. At 11:01 p.m. Thai time, West Texas Crude Oil Contract (WTI) for delivery in October. Which traded on the NYMEX plus $ 0.39, or 0.45%, to $ 87.08 / barrel. WTI oil prices closed higher yesterday to … Read more
Saudi Arabia will extend its voluntary oil production cuts for another three months in a bid to shore up fragile global markets. Russia will also continue to cut crude oil exports for the same period. According to the state-run Saudi Press Agency (SPA), Saudi Arabia will continue its voluntary production cut of 1 million barrels … Read more