Oil Market Sentiment: WTI Oil closed up 83 cents.

New York West Texas Intermediate (WTI) crude oil futures closed higher on Thursday (January 5), supported by declines in US refinery and gasoline inventories last week. The WTI Crude Oil contract is delivered in February. It rose 83 cents, or 1.14%, to $73.67 a barrel. The contract for Brent crude oil (BRENT) is delivered in … Read more

WTI oil prices are up more than 2% to $74, speculating to support the market.

WTI crude oil futures rose more than 2% to $74 as investors entered speculative orders into the market. after the previous price crash At 18:59 Thai time, West Texas crude oil (WTI) contract for February delivery Che traded on the NYMEX plus $1.63, or 2.24%, to $74.47 a barrel. Oil prices tumbled more than 9% … Read more

Oil Market Condition: WTI Oil closes as high as $2.07

West Texas Intermediate (WTI) New York crude futures closed higher on Friday (Dec. 23) on reports that Russia would cut exports of Baltic crude. The news overshadowed any negative factors that cold weather in the US could have on fuel demand this holiday season. The WTI Crude Oil contract is delivered in February. It rose … Read more

WTI Crude Oil Surges 2% Above $75 on CPI

WTI crude futures rose more than 2% to $75 on a lower-than-expected Consumer Price Index (CPI) release. This will be one factor that will encourage the US Federal Reserve (Fed) to slow rate hikes. At 22:53 Thai time, contract for West Texas crude oil (WTI) for January delivery. which traded on the NYMEX plus $1.93, … Read more