Crude Oil
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Crude Oil Posts Second Consecutive Week of Gains
The May WTI (CLK25) contract settled at 68.28 (+0.21) [+0.31%], high of 68.65, low of 66.63. Spot price is 68.08 (+0.95), open interest…
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Crude Prices Higher as US Tightens Sanctions on Iranian Oil
April WTI crude oil (CLJ25) Thursday closed up +1.10 (+1.64%), and April RBOB gasoline (RBJ25) closed up +0.0215 (+0.99%). Crude…
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WTI rises above $67.00 on geopolitical risks
WTI price drifts higher to $67.20 in Thursday’s early Asian session. The Israeli military resumed ground operations in central and…
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OIL – WTI Has Slight Gains Despite Higher Than Expected U.S DOE Inventories Report
Crude Oil Inventory Change: +1.7 million barrels (expected: +1.0 million barrels; previous: +1.4 million barrels) Gasoline Inventory Change: -0.53 million barrels (expected:…
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Chart of The Day – OIL.WTI
WTI crude oil prices are rebounding by nearly 1.60% today as tensions in the Middle East resurface. The conflict between…
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Trum Warns Iran, no More Houthi Mayhem
President Donald Trump issued a strong statement today, stating that “Iran will be held responsible for every shot fired by…
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WTI remains solid around $67.50 due to China’s stimulus measures, Middle-East tensions
WTI climbs as China unveils new measures to stimulate consumption. Houthis take responsibility for attacking the USS Harry S. Truman…
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WTI holds position above $66.50 amid fresh US sanctions on Iranian Oil
WTI rises but is still set for its eighth straight weekly loss. Crude Oil prices climb following new US sanctions…
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WTI tumbles below $65.50 on demand concerns
WTI price extends its downside to near $65.45 in Tuesday’s early Asian session. Fears of slow global economies and US…
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