wti crude Archives

WTI Oil Technical Analyses: Target Price 87.30 To 88.80

Last Updated On September 4, 2023 11:52 AM by Ananya

WTI Oil Technical Analyses: U.S. oil may break a resistance at $86.20 per barrel, and rise into a range of $87.30-$88.80. Image source: Thomson Reuters The bullish momentum is pretty strong, as illustrated by the consecutive gains over the past few days. The contract could be riding on a wave …

WTI futures is continuously struggling to surpass the magical figure of $100.00

Last Updated On July 21, 2022 9:04 AM by Ananya

West Texas Intermediate (WTI), futures is continuously struggling to surpass the magical figure of $100.00 from the entire week. The oil prices have remained sideways amid the unavailability of any potential trigger that could guide the asset to a directive move. The black gold has traded in a $96.28-100.70 range and is likely to continue its consolidation further.

Saudi Arabia ready to pump more oil under Russian production ban

Last Updated On June 2, 2022 9:15 AM by PIA CHAUHAN

Saudi Arabia has indicated to western allies that it is prepared to raise oil production should Russia’s output fall substantially due to the energy sanctions against Moscow, the Financial Times (FT) reports, citing five people familiar with the discussions.

Crude Oil Futures: Addition Rebound Likely – Neal Bhai Reports

Last Updated On November 24, 2021 4:34 PM by Neal Bhai

Crude Oil Futures: Thinking about preliminary readings from cme group for crude oil futures markets, traders brought round 14.3k contracts to their open hobby positions, reaching the 3rd every day boom in a row. Extent followed fit and rose with the aid of round 285.5k contracts.

WTI stays above $82.00 ahead of EIA Inventories | Neal Bhai

Last Updated On October 20, 2021 11:20 AM by Neal Bhai

WTI holds onto the recent gains near $82.40, up 0.05% intraday, during a quiet Asian session on Wednesday. The oil benchmark cheered the US dollar weakness and upbeat sentiment to ward off the bearish inventory levels published by industry sources the previous day. The latest moves, however, await the official stockpile data for further direction.

Oil Heading for Seventh Weekly Advance With WTI Nearing $80

Last Updated On October 8, 2021 10:25 AM by Neal Bhai

Oil headed for a seventh weekly gain, the longest run since December, as a global energy crunch roiled markets from Europe to Asia.

Crude Oil News Today, 1 August 2023: कच्चा तेल की कीमतें उच्चतम स्तर से क्यों गिरा?

GOLD, CRUDE OIL PRICES FOCUSED ON US FISCAL STIMULUS TALKS

Last Updated On August 7, 2020 2:33 PM by Neal Bhai

Looking ahead, US fiscal stimulus negotiations may be in focus as officials scramble to get a deal done before Congress departs for a recess at the end of the week. Democrats have put up a proposal costing $3.5 trillion while Republicans countered with a $1 trillion scheme.