1 Barrel ≈ 0,136 Tonnes of Crude ... determine the prices for all other types. The reference oil traded most frequently and of major significance for the USA is West Texas Intermediate (WTI ...
The Light Sweet Crude or West Texas Intermediate crude oil market has stabilized overnight as we are hanging around the crucial 200 day EMA. Ultimately, I do think this is a market that’s ready ...
U.S. benchmark crude prices settled Wednesday at their lowest level of the year so far, pressured after the Energy Information Administration reported the first wee ...
Despite lofty promises from the new US administration, major financial institutions are bracing for Crude Oil prices to ...
In December, ExxonMobil updated its corporate plan, including new cost savings targets, earnings and cash-flow expectations, ...
Crude oil prices started the week slightly lower ... down to $77.94 per barrel at the time of writing, and with West Texas Intermediate at $74.11 per barrel, both down from Friday’s close ...
This would normally lead to even lower gas prices. However, something to keep an eye on is rising crude oil prices. West Texas Intermediate (WTI) crude is up $6 per barrel since the start of the year.
Despite the increased targets and recognition of more risks to supply, Citi maintained a generally bearish view for 2025 crude markets. It said Trump has let go of a notable hawk on Iranian ...
Oil prices settled slightly higher on Friday but posted a weekly decline, ending four straight weeks of gains, after U.S.