In the United States, the rise in the producer price index (PPI) accelerated in July. The strength of certain service categories was the main driver. Last month’s figures were revised downwards. Key point July PPI up 0.3% month-on-month Economists forecast up 0.2% Market forecast up 0.7% YoY, up 0.8% YoY Excluding food and energy Core … Read more
WTI crude futures rose above $83, supported by speculative orders. after the price fell yesterday At 7:07 p.m. Thai time, West Texas Crude Oil Contract (WTI) for delivery in September. Which traded on the NYMEX plus $ 0.32, or 0.39%, to $ 83.14 / barrel. WTI oil prices plummeted nearly 2% yesterday amid concerns about … Read more
WTI Crude Oil Continues to Fall Recently dropped to $ 83, while investors took profits. after the previous price increase At 1:25 a.m. Thai time, West Texas Crude Oil Contract (WTI) for delivery in September. which traded on the NYMEX, minus $ 1.52, or 1.18%, to $ 82.89 / barrel. WTI oil prices rose earlier. … Read more
WTI crude futures slipped to a positive range after US crude stockpiles rose more than expected last week. At 11:04 p.m. Thai time, West Texas Crude Oil Contract (WTI) for September delivery Which traded on the NYMEX plus $ 0.72, or 0.87%, to $ 83.64 / barrel. The U.S. Energy Information Administration (EIA) said U.S. … Read more
The Ukrainian military attacked a Russian oil tanker and a Russian naval amphibious ship with a surface drone over the weekend, suggesting that the fighting is about to escalate. The Ukrainian attack threatens Russia’s commodity exports through the Black Sea for the first time. Russia transports most of its world grain exports and 15-20% of … Read more
Russia’s Black Sea port of Novorossiysk was shut down for hours after a Ukrainian drone strike. The port is a major export hub for oil and grains, and it is the first time operations have been halted due to war. The Russian Ministry of Defense explained that it was attacked by two water drones from … Read more
WTI Crude Oil Continues Rising Recently, it broke the level of 80 dollars in response to the strong US economy. This will be a factor supporting oil demand. At 10:24 p.m. Thai time, West Texas Crude Oil Contract (WTI) for September delivery Which traded on NYMEX plus $ 1.39, or 1.76%, to $ 80.17 / … Read more
WTI crude futures rose nearly 3% to $79 amid concerns about tight oil. At 00:01 Thai time, West Texas Crude Oil Contract (WTI) for delivery in September. which traded on NYMEX plus $ 2.16, or 2.8 percent, to $ 79.25 per barrel. Saudi Arabia and Russia announced cuts in oil supply in the market. Saudi … Read more
WTI crude futures rose nearly 2% to $77 amid concerns about tight oil. At 1:38 a.m. Thai time, West Texas Crude Oil Contract (WTI) for delivery in September. Which traded on NYMEX plus $ 1.42, or 1.88%, to $ 77.07 / barrel. The market was positive on concerns about oil tightness. The US Energy Information … Read more
West Texas Intermediate (WTI) crude futures in New York closed slightly lower on Wednesday (July 19) as investors took profits after oil prices rose during the day. The WTI crude oil contract is delivered in August. She was down 40 cents, or 0.5%, at $75.35 a barrel. The Brent crude oil contract (BRENT) is delivered … Read more