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All publications by tag «WTI»

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2017, April, 19, 18:00:00
OIL PRICE: STILL ABOVE $54
The crude oil contract for May delivery on the New York Mercantile Exchange fell 53¢ on Apr. 17 to close at $52.65/bbl. The June contract lost 49¢ to $53.11/bbl. The natural gas price for May declined 6.4¢ to a rounded $3.16/MMbtu. The Henry Hub cash gas price closed Apr. 17 at $3.06/MMbtu, up 8¢. The Brent crude contract for June on London’s ICE also declined 53¢, settling at $55.36/bbl. The July contract was down 49¢ to $55.88/bbl. The gas oil contract for May lost 25¢ at $497.75/tonne. The average price for OPEC’s basket of benchmark crudes on Apr. 17 was $52.94/bbl, down 43¢.
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2017, April, 17, 17:45:00
OIL PRICE: ABOVE $55 STILL
Benchmark Brent crude futures were down 53 cents at $55.36 at 0836 GMT (4:36 a.m. ET). On Thursday, before major markets closed for a holiday break, they settled up 3 cents at $55.89 a barrel. U.S. West Texas Intermediate (WTI) crude futures were down 46 cents at $52.72 a barrel, after rising 7 cents to $53.18 on Thursday.
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2017, April, 14, 19:00:00
OIL PRICE: ABOVE $55 YET
International benchmark Brent crude futures were up 33 cents by 0900 GMT at $56.56 a barrel, their highest since early March. If the day's gains hold, it will be the longest winning streak for Brent since February 2012. U.S. West Texas Intermediate (WTI) crude futures were up 26 cents at $53.66 a barrel, on track for a seventh straight session of gains.
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2017, April, 12, 19:00:00
OIL PRICES: ABOVE $56
International benchmark Brent crude futures were up 33 cents by 0900 GMT at $56.56 a barrel, their highest since early March. If the day's gains hold, it will be the longest winning streak for Brent since February 2012. U.S. West Texas Intermediate (WTI) crude futures were up 26 cents at $53.66 a barrel, on track for a seventh straight session of gains.
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2017, April, 12, 18:50:00
OIL PRICES FORECAST: $54 - $57
North Sea Brent crude oil spot prices averaged $52 per barrel (b) in March, $3/b lower than the February average. EIA forecasts Brent prices to average $54/b in 2017 and $57/b in 2018. West Texas Intermediate (WTI) crude oil prices are forecast to average $2/b less than Brent prices in both 2017 and 2018.
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2017, April, 10, 19:05:00
OIL PRICES: ABOVE $55
West Texas Intermediate for May delivery rose as much as 38 cents to $52.62 a barrel on the New York Mercantile Exchange and was at $52.38 at 12:21 p.m. in Hong Kong, on course for its highest close since March 7. Total volume traded was about 2 percent above the 100-day average. The contract gained 54 cents to $52.24 on Friday. Brent for June settlement climbed as much as 28 cents, or 0.5 percent, to $55.52 a barrel on the London-based ICE Futures Europe exchange. Prices increased 35 cents to $55.24 on Friday. The global benchmark crude was at a premium of $2.55 to June WTI.
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2017, April, 6, 19:05:00
OIL PRICES: ABOVE $54 AGAIN
Brent crude futures were at $54.20 per barrel at 0708 GMT, down 16 cents, or 0.28 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were down 18 cents, or 0.35 percent, at $50.97 a barrel.
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2017, April, 5, 18:50:00
OIL PRICES: ABOVE $54
Brent crude futures, the international benchmark for oil, were at $54.52 per barrel at 0658 GMT, up 35 cents, or 0.65 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were up 33 cents, or 0.65 percent, at $51.35 a barrel.
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2017, April, 3, 19:15:00
OIL PRICES: ABOVE $53
International benchmark Brent futures rose 3 cents, or 0.1 percent, to $53.56 a barrel by 0658 GMT. The March contract closed the previous session down 13 cents at $52.83 a barrel. U.S. West Texas Intermediate crude futures climbed 10 cents, or 0.2 percent, to $50.70 a barrel after settling 25 cents higher in the previous session.
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2017, April, 3, 19:00:00
MAY OIL PRICES: ABOVE $50
The light, sweet crude oil contract for May settled above $50/bbl on the New York market Mar. 30 while the May Brent contract settled above $52.90/bbl in London. Prices edged lower on both markets on Mar. 31.