Texas oil opens with a rise to USD 79.24 – 2024-03-12 12:56:22

Texas oil opens with a rise to USD 79.24
 – 2024-03-12 12:56:22

REFERENCE The price of Texas intermediate oil (WTI) opened on Wednesday with a rise of 1.39%, at $79.24 a barrel, a day on which investors will be awaiting the testimony of the president of the Federal Reserve, Jerome Powellbefore Congress. At 9:00 a.m. local time (14:00 GMT), WTI futures contracts for delivery in April rose … Read more

WTI oil opens with a drop to USD 78.07 – 2024-03-09 16:06:12

WTI oil opens with a drop to USD 78.07
 – 2024-03-09 16:06:12

A machine pumps oil in Signal Hill, California, USA, today August 29. Authorities fear that oil prices will increase with the arrival of Tropical Storm Idala in the United States. EFE/EPA/CAROLINE BREHMAN The price of Texas intermediate oil (WTI) It opened this Tuesday with a drop of 0.85%, to $78.07 a barrel, thus continuing Monday’s … Read more

WTI oil exceeds $80 a barrel – 2024-03-08 13:02:25

WTI oil exceeds  a barrel
 – 2024-03-08 13:02:25

Reference. The price of Texas intermediate oil (WTI) began the week with a rise of 0.10%, thus surpassing the barrier of 80 dollars a barrel, after the OPEC+ agreed to extend voluntary production reductions until the second quarter. At 9:00 a.m. local time (2:00 p.m. GMT), WTI futures contracts for delivery in April rose 0.08 … Read more

Venezuela reduced fuel shipments to Cuba in February – 2024-03-07 04:43:01

Venezuela reduced fuel shipments to Cuba in February
 – 2024-03-07 04:43:01

The Castro government continues to depend on Venezuela to deal with the fuel shortage on the Island, however, this appears to be a solution that may not last, as the levels of crude oil sent by the Madura dictatorship decreased considerably during February compared to months previous. According to the news agency ReutersVenezuela sent only … Read more

WTI oil rises to USD 79.05 a barrel – 2024-03-06 12:55:28

WTI oil rises to USD 79.05 a barrel
 – 2024-03-06 12:55:28

The price of Texas intermediate oil (WTI) It opened up 0.23% at $79.05 a barrel, continuing Tuesday’s trend. At 9:05 local time (14:05 GMT), WTI futures contracts for delivery in April rose $0.18 compared to the close of the previous session. On Wednesday, US crude oil closed at a new 2024 high. Tom Try indicates … Read more

Weekly Gains in Global Oil Markets: Factors Behind the Rise in Oil Prices

Weekly Gains in Global Oil Markets: Factors Behind the Rise in Oil Prices

The Organization of Arab Petroleum Exporting Countries, OAPEC, published weekly developments in global oil markets, as crude oil prices achieved weekly gains in futures markets, amounting to about 2.4% for Brent crude and 4.5% for US West Texas Intermediate crude. The report stated that the main factors that contributed to the rise in oil prices … Read more

Texas oil opens with a rise to USD 77.65 – 2024-03-02 18:47:35

Texas oil opens with a rise to USD 77.65
 – 2024-03-02 18:47:35

oil pump on orange sunset The price of Texas intermediate oil (WTI) It opened this Tuesday with a rise of 0.09%, to $77.65 a barrel. At 9:05 local time (14:05 GMT), WTI futures contracts for delivery in April fell $0.09 compared to the close of the previous session. The president of USA, Joe Bidenstated on … Read more

WTI oil opens with a slight drop to USD 76.44 – 2024-02-29 03:47:35

WTI oil opens with a slight drop to USD 76.44
 – 2024-02-29 03:47:35

The price of Texas intermediate oil (WTI) It opened this Monday with a slight drop of 0.07%, to $76.44 a barrel, as expectations of short-term interest rate cuts fade among investors. At 9:10 local time (14:10 GMT), WTI futures contracts for delivery in April fell $0.05 compared to the close of the previous session. The … Read more

Texas oil drops to USD 77.41 a barrel – 2024-02-28 00:13:19

Texas oil drops to USD 77.41 a barrel
 – 2024-02-28 00:13:19

REFERENCE The price of Texas intermediate oil (WTI) It opened this Friday with a drop of 1.53%, at $77.41 per barrel. At 9:05 local time (14:05 GMT), WTI futures contracts for delivery in April fell $1.20 compared to the close of the previous session. The US benchmark crude oil seems headed for a reduction in … Read more

WTI oil opens with a rise to USD 76.88 a barrel – 2024-02-23 22:54:13

WTI oil opens with a rise to USD 76.88 a barrel
 – 2024-02-23 22:54:13

Reference. The price of Texas intermediate oil (WTI) opened this Thursday with an increase of 0.31%, at $76.88 per barrel, in a week of little movement in the price At 9:02 local time (14:02 GMT), WTI futures contracts for delivery in March added 24 cents compared to the close of the previous session, fluctuating in … Read more