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

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 Crude Oil Bounces Back Over $74; Keep an Eye on PCE Index and OPEC Plus Summit.

WTI crude futures rose above $74 as investors watched tonight’s Personal Consumption Expenditure (PCE) price index and the Petroleum Exporting Countries (OPEC) meeting and its allies. or OPEC Plus next week At 7:21 p.m. Thai time, West Texas Crude Oil Contract (WTI) for delivery in May. which traded on the NYMEX plus $ 0.49, or … 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