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1 day ago · WTI crude prices fell by 18 cents, settling at $81.56 a barrel, reflecting a 0.22% drop. The dip was influenced by weak U.S. gasoline demand, which fell to 8.83 million barrels per day, the lowest ...
1 day ago · In commodities, oil costs edged greater as large wildfires. were threatening Canada's oil sands and as the market anticipated. U.S. crude oil and gas inventories to show a drawdown later. in the day. U.S. crude was up 0.68% at $78.55 per barrel and. Brent was at $82.87 per barrel, up 0.59%. Spot gold was little altered at $2,356.64 per ounce.
5 hours ago · Brent crude futures for August settlement, which expired on Friday, settled up 2 cents at $86.41 a barrel. The more liquid September contract fell 0.3% to $85 a barrel. U.S. West Texas Intermediate (WTI) crude futures settled 20 cents lower, or 0.24%, to $81.54. For the week, Brent rose 0.02% while WTI futures posted a 0.2% loss.
1 day ago · The United States Oil Fund, LP, which trades under the ticker USO, is listed on the NYSE Arca. It is designed to track the daily price movements of West Texas Intermediate light, sweet crude oil. The fund's performance is closely watched by investors and analysts as an indicator of the commodity's market sentiment and pricing dynamics.
5 hours ago · According to the Eurostat, crude oil imports decreased from 8.7 Mt. in Q2 2022 to 1.6 Mt. in Q2 2023 (Eurostat, 2023). Moreover, the EU, the United States, the G-7, and Australia set the price cap on Russian oil at $60 per barrel for crude oil, $45 per barrel for discounted petroleum products, and $100 per barrel for premium petroleum products to sell to other parts of the world (European ...
1 day ago · West Texas Intermediate crude fell 0.3% to $81.53 a barrel Spot gold fell 0.2% to $2,324.07 an ounce This story was produced with the assistance of Bloomberg Automation.
1 day ago · West Texas Intermediate crude oil dropped 0.53% to $81.3 a barrel. Brent crude, the international benchmark, ticked 0.18% lower to $84.77 a barrel. Gold slipped 0.12% to $2,326. per ounce. The 10-year Treasury yield jumped 6 basis points to 4.349%. Bitcoin essentially stayed flat at $60,809.21.
