WTI Crude Futures Fall Near $77 as Investors Take Profit and Await OPEC+ Decision
WTI Crude Futures Fall Near $77 Amid Selling Pressure At 8:52 PM Thai time, the West Texas Crude Oil Contract (WTI) for December delivery, traded on the NYMEX market, dipped by $0.68 or 0.87% to $77.15 per barrel. This decline comes after a surge in prices yesterday, prompting investors to capitalize and sell, driving the […]
WTI Crude Futures Surge Nearly 3% on OPEC Production Cut Expectations
Oil Prices Surge as OPEC+ Production Cuts Expected Crude oil futures saw a significant increase of almost 3% on Monday, with the West Texas Crude Oil Contract (WTI) breaking through the $78 level. This surge was driven by expectations that the Organization of the Petroleum Exporting Countries (OPEC) and allied nations, known as OPEC Plus, […]
WTI Crude Futures Rise Over 2% on OPEC Production Cut Expectations
WTI Crude Futures Surge Over 2% Amid OPEC+ Production Cut Expectations West Texas Intermediate (WTI) crude futures experienced a significant 2% surge, surpassing the $77 mark. This rise was attributed to widespread anticipation that the Organization of the Petroleum Exporting Countries (OPEC) and the allied nations, collectively known as OPEC Plus, will implement production cuts […]
WTI Crude Oil Contract Rebounds Above $75 Amid Investor Speculation
WTI Crude Oil Contract Surges Above $75 Amid Speculative Orders On the NYMEX market, the West Texas Crude Oil Contract (WTI) for delivery in December experienced a notable rebound, soaring above the $75 mark in response to a surge in speculative orders from investors. The contract added $2.12, or 2.90%, reaching $75.03 per barrel as […]
WTI Crude Oil Futures Rise Over 1% as US Crude Stocks Fall
Crude Oil Futures Surge as US Stocks Show Unexpected Decline Increased market demand drives WTI crude oil prices above $88 In a surprising turn of events, WTI crude oil futures experienced a notable uptick of more than 1%, successfully breaching the $88 threshold. The catalyst behind this remarkable surge was the revelation by the United […]
WTI Crude Futures Fall Over 1% Following Price Surge and Growing Middle East Tensions
Rewrite text WTI crude futures fell more than 1%, breaking below $87 today. while investors sell to make a profit After the price rose significantly earlier At 9:23 pm Thai time, the West Texas Crude Oil Contract (WTI) will be delivered in November. which was traded on the NYMEX market, down 0.89 dollars or 1.01% […]
US Lifts Sanctions on Russian Crude Exports, Affecting Tight Energy Market
US Lifts Sanctions on Russian Crude Oil, Influencing Global Energy Market West Texas Intermediate (WTI) crude oil contracts surged by over 3% following the US government’s decision to remove sanctions on Russian oil exports. This development has significant implications for an already tight energy market. At 6:38 pm Thai time, the November delivery of the […]
WTI Crude Oil Futures Surge Over 1% Amid Speculative Buying and Increased Demand Forecast
Crude oil prices surge as investors take speculative positions The West Texas Crude Oil Contract (WTI) experienced a notable boost, surging over 1% and surpassing the $84 threshold as investors eagerly ventured into the market with speculative buying. This surge comes after a significant price drop in recent days. Demand forecast upgraded by International Energy […]
WTI Crude Oil Contract Rejected as Concerns of Tight Oil Conditions Increase
WTI Crude Oil Contract Rejects Gains Amid Concerns of Tight Oil Conditions In the first session, the West Texas Crude Oil Contract (WTI) made an impressive climb of over 1%, breaking through the $92 level. However, these gains were short-lived as concerns about tight oil conditions led to a rejection of the contract. The WTI […]
WTI Crude Futures Rise Over 1% Amidst Concerns of Tight Oil Supplies
WTI Crude Futures Surge on Concerns of Tight Oil Supplies West Texas Intermediate (WTI) crude futures saw a notable uptick of over 1%, surpassing the $92 level, marking its fourth consecutive day of gains as worries mount over restricted oil availability. The WTI contract for October delivery, traded on the NYMEX market, climbed $0.96 or […]
