WTI Crude Futures Rise Above $83 Supported by Speculative Orders and OPEC Plus Measures

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 Prices Plummet as OPEC Plus Takes Measures to Stabilize the Market

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 Slip as US Crude Stockpiles Rise More Than Expected

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

Oil Prices Begin to Fall After 5 Weeks of Growth: Market Update

Oil Prices Begin to Fall After 5 Weeks of Growth: Market Update

After a long growth for five weeks in a row, “black gold” began to become cheaper. The beginning of a new working week in the oil market was marked by a turning point: the prices of reference grades of oil, after rising for 5 weeks, began to fall, reports Dialogue.UA. Thus, it became known that … Read more

WTI Crude Oil Continues Rising Supported by Strong US Economy and China’s Economic Stimulus Measures

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 Rise 3% Amid Concerns about Tight Oil: Saudi Arabia and Russia Announce Supply Cuts

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

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 Rise 1% to $70 After US Inflation Data: Impact on Interest Rate Hikes by the Fed

WTI crude futures rose more than 1% to $70 after the US released the Personal Consumption Expenditure (PCE) price index, indicating that inflation had peaked. And will be a factor to slow down interest rate hikes by the Federal Reserve (Fed). At 9:55 p.m. Thai time, West Texas Crude Oil Contract (WTI) for delivery in … 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