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Oil, hurricane
Crude oil prices today: WTI is trading at $70.98
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors related to U.S. and international supply and demand conditions. For example, the Brent/WTI spread hit nearly $14/bbl in April 2011 when protests sparked market fears of significant oil supply disruptions in the Middle East.
Crude Oil Price Forecast – Crude Oil Continues to Show Signs of Life
The crude oil market continues to bounce a bit on each successive drop, as the demand for oil seems to be a factor, but the fact that the market has sold off so much could also bring in the value hunters at these low levels.
Oil prices climb on US output concerns, potential crude inventory drop
Oil prices extended gains on Tuesday as the market eyed U.S. output concerns in the aftermath of Hurricane Francine and expectations of lower U.S. crude stockpiles. Brent crude futures for November were up 36 cents,
Oil prices rise
Oil prices rise after US interest rate cut
Oil prices rose on Thursday after a large interest rate cut from the U.S. Federal Reserve, but Brent was still hovering around its lowest levels of the year, below $75, on expectations of weaker global demand.
Oil Futures Settle Higher as Fed Cut Sinks In
Oil futures gain as the market digests implications of the Fed’s 50 basis-point interest-rate cut and Israeli air strikes against Hezbollah targets in Lebanon add to geopolitical risk perception.
Oil prices rise after Fed delivers big interest-rate cut
Oil futures rose Thursday, gaining ground alongside global equities and other assets perceived as risky, a day after the Federal Reserve delivered a large interest-rate cut and set the stage for further easing of monetary policy.
2d
Crude Oil Price Forecast: Rallies but Faces Resistance Near Key Levels
After reaching a high of 72.05, crude oil is testing resistance. A further rally could face challenges near 72.4 to 73.74, ...
moneycontrol.com
1h
Crude oil volatile for OMCs to take decision on fuel price cut: Oil ministry source
Amid weakened demand and relatively higher
oil
supply in the market,
crude
oil
prices plummeted to the lowest in ...
15h
Global oil prices still volatile, OMCs to wait more before petrol, diesel price cut, reverting to routine fuel price revisions
India is the world’s third-largest consumer of crude oil and depends on imports to meet over 85 per cent of its requirement.
ig.com
8d
Brent crude oil price plunges to November 2021 lows on demand worries
Brent crude oil price plunges to November 2021 lows on demand worries but supply concerns due to a hurricane hitting the US ...
Crude Oil Prices
9d
Crude Oil Inventories Dip Again
Crude oil inventories in the United States fell by another 2.79 million barrels for the week ending September 6 ...
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