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WTI Crude Oil News
WTI Crude Oil
WTI Crude: Oil prices rise over 1% after US Navy destroys Iranian drone
Fri, Jul 19, 2019
WTI Crude: Oil prices rose more than 1 per cent on Friday after the US Navy destroyed an Iranian drone in the Strait of Hormuz.
WTI Crude: Oil prices dip on fourth straight day
Thu, Jul 18, 2019
Oil prices fell on Thursday, extending declines into a fourth day, after official data showed US stockpiles of products like gasoline rose sharply last week.
WTI Crude: Oil prices nosedive 3% on ease in US-Iran tension
Wed, Jul 17, 2019
Oil prices turned lower on Tuesday, falling more than 3% after US President Donald Trump said progress has been made with Iran, signalling tensions could ease in the Mideast.
WTI Crude: Oil slips for a second straight day as US Gulf of Mexico output returns
Tue, Jul 16, 2019
WTI Crude: Oil prices fell for a second day on Tuesday as more production facilities returned to operation in the US Gulf after Hurricane Barry swept through over the weekend.
Storm Barry cuts 73 pct of US offshore oil production: US government
Mon, Jul 15, 2019
Tropical Storm Barry has cut 73%, or 1.38 million barrels per day (bpd), of crude oil production in the US-regulated areas of the Gulf of Mexico, the US BSEE said.
WTI Crude: Oil prices rise amid Gulf of Mexico storm, Middle East tensions
Fri, Jul 12, 2019
WTI Crude: Oil prices rose on Friday as U.S. oil producers in the Gulf of Mexico cut more than half their output in the face of a tropical storm and as tensions continued in the Middle East.
WTI Crude: Oil prices climb 4.5% as US inventories shrink
Thu, Jul 11, 2019
Oil prices rose 4.5% a barrel on Wednesday to their highest level in more than a month after US crude inventories shrank.
WTI Crude: Oil prices rise over 1 pct on US stockpile drop
Wed, Jul 10, 2019
Oil prices gained more than 1% in early trade on Wednesday, led by US crude after an industry group reported that US stockpiles fell for a fourth week in a row.
WTI Crude: Oil prices extend gains amid Middle East tensions, Fed rate cut hopes
Fri, Jun 21, 2019
Brent crude was up 39 cents, or 0.6%, at $64.84 a barrel by 0034 GMT. The global benchmark rose 4.3% on Thursday and is heading for a weekly gain of more than 4% after four weeks of decline.
WTI Crude: Oil prices rise as US stockpiles drop, OPEC agrees meeting date
Thu, Jun 20, 2019
US West Texas Intermediate (WTI) crude futures were up 79 cents, or 1.5%, at $54.55 a barrel. WTI fell 0.26% in the previous session.
WTI Crude: Oil prices extend gains on Middle East tension, ease in China-US trade war
Wed, Jun 19, 2019
Oil prices climbed on Wednesday, extending sharp gains from the previous session on rekindled hopes for a U.S.-China trade deal and on continued tensions in the Middle East.
WTI Crude: Oil prices fall 1 pct on weak Chinese data outweigh oil tanker worries
Tue, Jun 18, 2019
Oil prices fell more than 1% on Monday after more poor Chinese economic figures fanned fears of lower worldwide oil demand.
WTI Crude: Oil prices rise on attacks on two tankers in Gulf of Oman
Fri, Jun 14, 2019
Oil futures rose on Thursday after attacks on two tankers off the coast of Iran, while the U.S. Treasury yield curve steepened and stocks rose following healthy economic data.
WTI Crude: Oil prices tumble 4 pct on demand worries, higher US inventories
Thu, Jun 13, 2019
Oil prices slid 4% on Wednesday on higher U.S. crude inventories and a bleaker demand outlook, while uncertainty over the U.S.-China trade war and U.S. economic data weighed on stocks.
WTI Crude: Oil price falls on weak demand outlook, rise in US inventories
Wed, Jun 12, 2019
Oil prices fell on Wednesday, weighed down by a weaker oil demand outlook and a rise in U.S. crude inventories despite growing expectations of ongoing OPEC-led supply cuts.
WTI Crude: Oil prices stablise on OPEC's withholding supply hopes
Tue, Jun 11, 2019
Oil prices stabilised on Tuesday on expectations that producer group OPEC and its allies will keep withholding supply to prevent prices from tumbling amid a broad economic slowdown.
Global markets: Oil prices soars to 2019 highs on US sanctions on Iran imports
Tue, Apr 23, 2019
Oil prices have struck 2019 highs in the wake of the US Move to impose sanctions on countries that buy Iranian oil, and analysts said Tuesday that oil could get still more expensive.
Nifty at 13k not too far? Lok Sabha elections 2019, crude oil prices, rupee-dollar deviation hold key, say experts
Tue, Apr 16, 2019
After sustaining above 11,760 levels, Nifty's next target is 12,000, however, if FII positive sentiments continue, it may breach 13K by mid-2019, say experts.