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 […]
WTI Oil Price Rebounds Above $81 as Market Factors Drive Up Prices
WTI oil price rebounds above $81 today It continued to improve from last week. At 8:18 pm Thai time, West Texas crude oil price (WTI) for delivery in April. it added $0.44 or 0.54% to $81.48/barrel. Oil prices rose almost 4% last week. amid concerns about tight oil conditions Oil prices received positive factors from […]
WTI Oil Price Falls Below $81 After Two Days of Increases
WTI Oil Price Falls Below $81 Today As Investors Sell To Take Profits After Price Bounces For 2 Days In A Row At 11:06 pm Thai time, West Texas crude oil price (WTI) for delivery in April. less $0.27 or 0.3% to $80.99/barrel. WTI oil prices rose earlier. After the US revealed that crude oil […]
Oil Prices Surge as West Texas Crude Tops $79/barrel and Brent North Sea Hits $84/barrel
West Texas crude oil price (WTI) Presented in April. Along with 2.16 dollars, closes at 79.72 dollars / barrel.Brent North Sea London May delivery rose $2.11 to close at $84.03/barrel. Energy Information Administration (EIA) of the US governmentEIA) revealed that US crude oil stocks fell by 1.5 million barrels last week. while analysts were expecting […]
WTI Oil Price Surges to $79 as US Crude Oil Stocks Fall Significantly
WTI Oil Price Exceeds $79 Today After US Reveals Crude Oil Stocks Fall Last Week. Contrary to analysts’ predictions Meanwhile, gasoline stocks fell more than expected. This shows an increase in market demand. At 10:25 pm Thai time, West Texas crude oil price (WTI) for delivery in April. add $1.65 or 2.13% to $79.21/barrel. The […]
WTI Oil Prices Decline Amid Concerns Over China’s Demand
WTI oil prices fell today. Amid concerns about demand in China At 8:27 pm Thai time, West Texas crude oil price (WTI) for delivery in April. minus $0.35 or 0.45% to $77.58/barrel Furthermore, the market was under pressure after the International Energy Agency (IEA) predicted that there would be enough oil supplies on the world […]
WTI Oil Prices Continue Decline Below $78 Amid Demand Concerns
WTI oil prices fell beyond the $78 level, continuing declines from last week. At 10:03 pm Thai time, West Texas crude oil price (WTI) for delivery in April. less $0.62 or 0.79% to $77.39/barrel. WTI oil price fell 2.45% last week. Amid concerns about demand in China Including the International Energy Agency (IEA) predicting that […]
OPEC Predicts Strong Oil Demand, WTI Oil Prices Rebound Above $78
WTI oil prices rebounded above 78 dollars in response to the Organization of the Petroleum Exporting Countries (OPEC) predicting strong oil demand in 2024 and 2025. At 9:06 pm Thai time, the price of West Texas crude oil (WTI) for delivery in March. it added $0.48 or 0.60% to $78.35/barrel. OPEC releases report on oil […]
WTI Oil Prices Surge as OPEC Predicts Strong Demand Through 2025
WTI oil prices rose more than 1%, approaching the $78 level, in response to a report from the Organization of the Petroleum Exporting Countries (OPEC), which predicted strong oil demand in 2024 and 2025. At 12:09 Thai time, the price of West Texas crude oil (WTI) for delivery in March. it added $0.98 or 1.27% […]
WTI Oil Prices Surge Above $77 Amid Tensions in the Middle East and Ukraine
WTI oil prices surge above $77 amid concerns about tensions in the Middle East. At 7:21 pm Thai time, the price of West Texas crude oil (WTI) for delivery in March. it added $0.62 or 0.81% to $77.54/barrel. Investors are worried about the situation in the Middle East. after Israel rejected a ceasefire offer from […]