The Rise of WTI Crude Futures to $77 Amid Concerns About Oil Tightness and Market Cutbacks

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

WTI Crude Futures Soar 2% as US Crude Inventories Decrease, Reflecting Increased Demand in the Market

WTI crude futures rose more than 2% to $69 after US crude inventories fell last week. which indicates increased demand in the market. At 10:56 p.m. Thai time, West Texas Crude Oil Contract (WTI) for delivery in August. which traded on the NYMEX plus $ 1.61, or 2.36%, to $ 69.31 / barrel. The U.S. … Read more

WTI Crude Oil Experiences a Nearly 2% Surge, Reaching $83.

WTI Crude Oil Continues Rising Recently, it soared almost 2%, breaking through the $ 83 level after the US revealed lower-than-expected inflation numbers. This will slow down the interest rate hike by the US Federal Reserve (Fed). At 11:10 p.m. Thai time, West Texas Crude Oil Contract (WTI) for delivery in May. which traded on … Read more

WTI oil prices drop positive after US reveals more-than-expected crude stockpiles | RYT9

WTI crude futures declined after the U.S. Energy Information Administration (EIA) reported a more-than-expected increase in crude stockpiles. As of 11:38 p.m. Thai time, West Texas Crude Oil Contract (WTI) for delivery in March. which traded on NYMEX plus $ 0.28, or 0.34%, to $ 77.42 / barrel. The EIA said U.S. crude inventories rose … Read more

WTI oil prices climb more than 3% to over $ 89 as China signals the country’s opening

WTI crude oil futures rose more than 3%, topping $ 89 today. This was supported by China’s announcement to ease COVID-19 control measures. This will support domestic oil demand. As of 7:40 pm Thai time, the West Texas Intermediate Crude Oil (WTI) contract was delivered in December. It traded on NYMEX plus $ 2.71, or … Read more