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 […]
WTI Oil Prices Close Slightly Positive Amid Volatile Trading
Editor’s Choice, economic news 6:54am.2024-02-13 West Texas Crude Oil (WTI) futures in New York closed slightly positive on Monday (February 12) amid volatile trading. Due to concerns about the direction of interest rates and global demand for oil, oil prices have weakened. After rising more than 6% last week. The WTI crude oil contract is […]
WTI Crude Oil Contract Closes in the Negative Amid China Real Estate Crisis
Editor’s Choice, economic news 6:47am.2024-01-30 The West Texas Intermediate (WTI) crude oil contract closed in the negative in New York on Monday (January 29), with the market weighed down by concerns that the crisis in China’s real estate market will weaken the economy and affect demand. for oil. The WTI crude oil contract is due […]
WTI Crude Oil Futures Fall as Dollar Strengthens and Red Sea Tensions Rise
Editor’s Choice, economic news 6:40am.2024-01-17 West Texas Crude Oil (WTI) futures in New York closed negative on Tuesday (January 16) as the strengthening dollar blocked positive momentum in the oil contract. Meanwhile, investors are keeping an eye on the tense situation in the Red Sea. and report on US crude oil stocks this week The […]
2023 Ends with WTI Crude Oil Futures Closing Lower, First Annual Decline Since 2020
Economic news 7:11 am 2023-12-30 West Texas Crude (WTI) futures in New York closed slightly lower on Friday (Dec. 29), the last trading day of 2023, and prices posted their first annual decline since last year in 2020 amid concerns about demand trends for oil This has overshadowed positive things due to supply disruptions and […]
WTI and Brent Crude Futures: Market Analysis and Economic News Update
Economic News 7:32 am, December 9, 2023 Oil Futures Surge Following Strong US Employment Data West Texas crude (WTI) New York futures closed up more than 2% on Friday, December 8, amid strong US employment data that supported expectations of expanding oil demand. The WTI crude oil contract for delivery in January saw a rise […]
