Tag Archives: WTI

New York, U.S. | Xinhua | Oil prices fell on Friday as traders worried about a deteriorating demand outlook. The West Texas Intermediate (WTI) for November delivery decreased 1.74 U.S. dollars, or 2.1 percent, to settle at 79.49 dollars a barrel on the New York Mercantile Exchange. Brent crude for November …

New York, U.S. | Xinhua | Oil prices fell on Thursday after hitting their highest levels in three months in the prior session. The West Texas Intermediate (WTI) for July delivery lost 60 cents, or 0.5 percent, to settle at 121.51 U.S. dollars a barrel on the New York Mercantile Exchange. …

New York, U.S. | Xinhua | Oil prices jumped on Thursday as supply worries returned to the market. The West Texas Intermediate (WTI) for April delivery added 7.94 U.S. dollars, or 8.4 percent, to settle at 102.98 dollars a barrel on the New York Mercantile Exchange. Brent crude for May delivery …

Hopes of a ceasefire in Ukraine are behind the slide in oil and gas prices New York, U.S. | Xinhua | Oil prices tumbled on Tuesday as concerns over supply disruptions eased. The West Texas Intermediate (WTI) for April delivery lost 6.57 U.S. dollars, or 6.4 percent, to settle at 96.44 …

Volatility in the oil market is caused by geopolitical developments rather than changes in market fundamentals New York, U.S. | Xinhua | Oil prices surged again on Wednesday after major oil producers decided to stick to modest output increase despite supply fears amid the Russia-Ukraine conflict. The West Texas Intermediate (WTI) …

London, United Kingdom | AFP | The OPEC club of oil-producing countries meets Thursday in Vienna as they weigh how to react to a sharp drop in global oil demand due to the outbreak of the new coronavirus. The extraordinary two-day meeting will see OPEC, led by Saudi Arabia, and its …