During the early hours of Thursday trading, though crude oil market looks as if it is trying to find some type of base at a couple of major support levels.
The West Texas Intermediate for March delivery added 11 cents, or 0.15 percent, to settle at 72.73 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery gained 28 ...
WTI price faces challenges as traders adopt caution amid rising uncertainty over US trade policy. Trump’s commerce secretary nominee Howard Lutnick suggested that Canada and Mexico could avoid tariffs ...
Brent futures rose by 41 cents to hit USD 77.49 pb and West Texas Intermediate (WTA) went up by 60 cents to USD 73.77 pb. (e ...
US benchmark equity indexes were higher ahead of Thursday's close as traders analyzed the latest set of corporate earnings and awaited Apple's (AAPL) results. The S&P 500 was up 0.4% at 6,064.2, ...
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WTI oil prices fell 4% this week as President Trump called for increased production, while natural gas prices saw a slight ...
The U.S. Energy Information Administration revealed its latest West Texas Intermediate spot price forecasts in its January short term energy outlook. Image by vovashevchuk via iStock The U.S ...
The oil market continues to see support overall as the oil markets are factoring in the idea of central bank easing, and of course the potential for further demand coming from that action.
Discounts for Canadian crude exported via the Trans Mountain pipeline and delivered to China in April have narrowed $1-$2 a ...
Brent futures fell 29 cents, or 0.4%, to settle at $79.00 a barrel, while US West Texas Intermediate crude (WTI) traded 39 cents, or 0.5%, lower to settle at $75.44. That puts Brent down for a ...
Quantitative strategists at BNP Paribas say they're shorting oil, targeting $71.59 per barrel for West Texas Intermediate. They note that positioning by trend funds is "extremely bullish" at the ...