WTI Crude Oil Closes Slightly Positive as Investors Await Ceasefire Agreement News
Editor’s Choice, economic news 6:58am.2024-05-07 West Texas Crude Oil (WTI) contracts in New York closed slightly positive on Monday (May 6) amid volatile trading. Meanwhile, investors are keeping an eye on news reports about a ceasefire agreement between Israel and Hamas. The WTI crude oil contract will be delivered in June. rose 37 cents, or […]
Oil Prices Drop Amidst Concerns of Weak US Employment Data and Interest Rate Cuts
Editor’s Choice, economic news 6:39am.2024-05-04 West Texas Crude (WTI) futures in New York closed lower on Friday (May 3), posting their biggest weekly decline in three months, as investors weighed the release of oil price data and the possible timing of Weak US Employment when the Federal Reserve (Fed) will cut interest rates. The WTI […]
WTI Oil Prices Drop as US Production Rises and Ceasefire Hopes Rise
Economic news 6:42 am 2024-05-01 West Texas Crude Oil (WTI) contracts in New York closed lower on Tuesday (April 30), pressured by an increase in US crude oil production. and hopes for a ceasefire agreement between Israel and Hamas. The WTI crude oil contract will be delivered in June. fell 70 cents, or 0.9%, to […]
Middle East Tensions Ease: WTI Crude Oil Closes Slightly Positive
Editor’s Picks, Economic News 6:44am.2024-04-19 The West Texas Intermediate (WTI) crude oil contract in New York closed slightly positive on Thursday (April 18) after signs that the tense situation in the Middle East may not spread widely. As investors assess the impact of US sanctions on Iran and Venezuela. The WTI crude oil contract will […]
Oil Prices Fall on Reports of Rising US Crude Stocks and Weak Chinese Economic Data
Editor’s Choice, economic news 6:53am.2024-04-18 West Texas Intermediate (WTI) crude oil futures in New York closed up more than 3% on Wednesday (April 17), with the market weighed down by reports of higher-than-expected US crude oil stocks. and China’s weak economic data Moreover, oil prices also fell after it was reported that the United States […]
Potential Impact of Israel-Iran Conflict on Oil Market: Economic News 6:58am, April 6, 2024
Economic news 6:58am.2024-04-06 The West Texas Intermediate (WTI) crude oil contract in the New York market closed positive on Friday (April 5) as expected by investors A direct conflict between Israel and Iran could affect oil supply on the world market. The WTI crude oil contract will be delivered in May. Up 32 cents or […]
Oil prices rise as Ukrainian attacks on Russian refineries impact global supply
Editor’s Choice, economic news 6:55am.2024-03-20 West Texas Crude Oil (WTI) contracts in New York closed positive for the second day in a row on Wednesday (March 19), supported by expectations that world oil supplies would be improved Impact of Ukraine’s attack on Russian oil refineries While investors are keeping an eye on today’s US crude […]
Iraq and Saudi Arabia Cut Crude Oil Exports, Boosting Oil Prices: Economic News Update
Editor’s Choice, Economic News 6:59am.2024-03-19 The West Texas Intermediate (WTI) crude oil contract on the New York market closed up more than 2% on Monday (March 18) in response to news reports that Iraq and Saudi Arabia have cut crude oil exports. In addition, oil prices have also increased. Supported by signs of demand and […]
China’s Strong Economic Data Boost WTI Oil Price: Hope for Recovery?
Economic news 10:16 am 2024-03-18 WTI oil price rebounds today After China released stronger than expected economic data This gives investors hope that the recovery of the Chinese economy will be a factor in strengthening the demand for oil in China. At 10:13 Thai time, the West Texas Intermediate (WTI) crude oil contract for April […]
Oil Prices Fluctuate Amidst Profit-Taking Pressure: Economic News 2024-03-16
Economic news 6:55 am 2024-03-16 The West Texas Intermediate (WTI) crude oil contract in the New York market closed lower on Friday (March 15) due to profit-taking pressure. After the price rose past the level of 85 dollars/barrel for the first time since November. But oil prices continued to rise this week, supported by rising […]
