WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...
WTI futures traded around $71.26 per barrel, as of 9 a.m. ET. That’s an increase of 0.79% in the last 24 hours.
The closure of the shipping route, where more than 20% of daily oil consumption passes, remains a very low-probability event.
Oil prices fell Friday as Hurricane Rafael fears eased and concerns grew over weakening Chinese demand, with October crude ...
U.S. election. We look at United States Oil Fund, LP ETF (USO) and how it may react in the current environment.
TEMPO.CO, Bandung - The price of crude palm oil is expected to rise further next year. Dorab Mistry, director of Godrej International Ltd, said the projected price of CPO in the M ...
Oil and gas producers in the United States expect to find it easier to ramp up output and exploration under the incoming ...
WTI futures slip below $71.63 resistance as demand weakens; rising U.S. oil inventories and China’s 9% import decline drive ...
The Department of Energy on Friday said it bought 2.4 million barrels of oil for the nation’s Strategic Petroleum Reserve, ...
However, if the price of crude oil falls below each, it will be a sign of weakening with a daily close below signaling further weakness. Let’s consider the initial upside if crude can continue ...
Brent crude oil futures settled down 61 cents ... and I think there is more upside rather than downside in the short term," said Phil Flynn, senior analyst at Price Futures Group, noting that ...
Top oil exporter Saudi Arabia has cut the price for the flagship Arab light crude it sells to Asia in December by ...