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10 hours ago · West Texas Intermediate prices have drifted lower in 2024, but prices are up 15.09% over the past three years. WTI crude fell to its 52-week low of $67.81 per barrel on Dec. 13, 2023. It reached ...
21 hours ago · In 2021, U.S. oil and gas companies suspended more than 1.7 million barrels oil output in the aftermath of Hurricane Ida. Outages of around 1.5 million bpd of crude production and refining capacity can cause gasoline prices to jump by 25 cents to 30 cents, according to EIA.
14 hours ago · Also, crude oil prices declined due to downbeat U.S. job data and increased concerns about oil demand. However, a weaker dollar index and stronger euro and pound sterling supported prices at lower levels. We expect crude oil prices to remain volatile in today’s session. Crude oil has support at US$82.10-81.50 and resistance at US$83.24-83.70.”
16 hours ago · Crude oil prices rose 6% in June due to OPEC+ production cuts and US summer fuel demand. WTI, Brent, and MCX futures gained. Geopolitical risks, hurricanes, like Hurricane Beryl, influenced prices. Energy agencies predict slower oil demand growth and surplus amid energy transitions. China's and India's demand are key. Fed rate cut decisions also impact oil markets.
30 minutes ago · Jul 8, 202414:15 PDT. SU +0.52%. The discount on Western Canada Select (WCS) heavy crude versus the North American benchmark West Texas Intermediate (WTI) tightened slightly, for the third consecutive session on Monday: * WCS for August delivery in Hardisty, Alberta, settled at $13.60 a barrel below WTI, according to brokerage CalRock, having ...
21 hours ago · As of 0042 GMT, Brent crude futures edged up 11¢, or 0.1%, to $86.65 a barrel after closing down 89¢ on Friday. U.S. West Texas Intermediate crude was at $83.08 a barrel, down 8¢, after falling 72¢ in the previous session. Also read Oil Prices Trending Up for Fourth Week in a Row
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Brent crude futures were down 36 cents, or 0.4%, at $86.18 a barrel, as at 0646 GMT. U.S. West Texas Intermediate crude was at $82.71 a barrel, down 45 cents, or 0.5%.
