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U.S. West Texas Intermediate News
U.S. West Texas Intermediate
Fuel price: Oil rises on China-U.S. talks, gains capped by U.S. fuel build
Sat, Jan 05, 2019
Brent increased about 9.3 percent for the week, while WTI rose about 5.8 percent .
Oil drops as U.S. considers granting some waivers on Iran crude sanctions
Mon, Oct 08, 2018
Brent crude oil prices fell more than 1 percent on Monday after Washington said it may grant waivers to sanctions against Iran`s oil exports next month, and as Saudi Arabia was said to be replacing any potential shortfall from Iran.
Oil eases as traders and investors grow edgy ahead of OPEC meet
Mon, Nov 20, 2017
Brent crude futures were at $62.37 per barrel by 1002 GMT, down 35 cents on the day, while U.S. West Texas Intermediate (WTI) crude futures were down 7 cents at $56.48 a barrel.
Global markets: Stocks, bond yields, dollar up after Trump tax plan
Thu, Sep 28, 2017
The dollar also drew support from strong U.S. durable goods orders data that cemented expectations the Federal Reserve is on course to raise interest rates for the third time this year in December.
Strong start to summer driving season pushes U.S. oil towards $50
Tue, May 30, 2017
U.S. crude oil prices rose towards $50 per barrel on Tuesday as a strong start to the summer driving season in the United States suggested strong fuel demand in months ahead.
Oil prices pinned near five-month low as supply glut weighs
Fri, May 05, 2017
"So far OPEC`s strategy to draw down inventories has not worked ... It seems obvious to us that OPEC will need to keep the cuts in place for longer than the next 6 months if their strategy is to have any chance of success," Neil Beveridge, senior oil and gas analyst at AB Bernstein in Hong Kong said in a note to clients on Friday.