Crude Oil price today :West Texas Intermediate (WTI) Oil price falls on Thursday, early inthe European session. WTI trades at $63.26 per barrel, down from Wednesday closeat $63.55.
oil price
WTI hovers around $63.00 ahead of US tariffs on India
US tariffs on India : West Texas Intermediate (WTI) Oil price moves little after registering more than 2% decline in the previous session, trading around $63.10 per troy ounce during the Asian hours on Wednesday. Crude Oil prices remain steady as traders adopt caution ahead of new United States (US) tariffs on India, the world’s third-largest crude importer.
Oil eases after rising to two-week high on Russia-Ukraine supply concerns
Crude Oil prices slightly decreased on Tuesday, following a nearly 2% surge in the previous session, as traders closely monitor the Russia-Ukraine conflict’s potential impact on fuel supplies. Concerns over supply disruptions due to Ukrainian attacks on Russian energy infrastructure and anticipated U.S. sanctions on Russian oil are influencing market sentiment. Traders are also awaiting U.S. inventory data.
मध्य पूर्व में आपूर्ति संबंधी चिंताओं के कारण तेल में तेज़ी
गुरुवार को तेल की कीमतों में बढ़ोतरी हुई, जिससे पिछले सत्र में लीबिया में एक क्षेत्र में व्यवधान और इज़राइल-गाजा युद्ध के कारण बढ़ते तनाव के बाद मध्य पूर्वी आपूर्ति पर जारी चिंताओं के कारण ठोस लाभ हुआ।
Crude Oil spirals below zero in devastating day for global industry
The move was so violent and shocking that many traders struggled to explain it. They grasped wildly at possible causes all day long — had some big firm got caught wrong-footed? Or were inexperienced retail investors flummoxed by a market quirk? — but had no tangible evidence of anything to point to.
Crude Oil prices hit an 18-year low on March 30
Crude Oil prices hit an 18-year low on March 30 due to a slump in demand caused by lockdowns to contain the coronavirus outbreak and the failure of OPEC and other producers led by Russia to extend a deal on output curbs that expired on March 31.