All publications by tag «WTI»
2019, March, 11, 11:55:00
OIL PRICE: NEAR $66 YET
Oil prices edged up on Monday after Saudi oil minister Khalid al-Falih said an end to OPEC-led supply cuts was unlikely before June, while a report showed U.S. drilling activity fell for a third straight week.
2019, March, 7, 12:05:00
OIL PRICE: NEAR $66
Oil prices crept up on Thursday amid ongoing OPEC-led supply cuts and U.S. sanctions against exporters Venezuela and Iran, but gains were capped by record U.S. crude output and rising commercial fuel inventories.
2019, March, 6, 11:55:00
OIL PRICE: ABOVE $65
Oil prices fell on Wednesday as bullish output forecasts by two big U.S. producers and a build in weekly U.S. crude stockpiles outweighed OPEC-led production cuts.
2019, March, 4, 11:20:00
OIL PRICE: NOT ABOVE $70 YET
Oil prices rose on Monday, buoyed by output cuts by producer club OPEC and reports that the United States and China are close to a deal to end a bitter tariff row that has slowed global economic growth.
2019, March, 1, 12:20:00
OIL PRICE: NOT ABOVE $70
Oil prices climbed on Friday as markets tightened amid output cuts by producer club OPEC, but surging U.S. supply and concerns of global economic slowdown kept a lid on further gains.
2019, March, 1, 12:10:00
OIL PRICES 2019-20: ABOVE $60
Brent crude oil spot prices averaged $59 per barrel (b) in January, up $2/b from December 2018 but $10/b lower than the average in January of last year.
2019, February, 27, 09:55:00
OIL PRICE: NEAR $66 ANEW
Oil prices rose on Wednesday after a report of declining U.S. crude inventories and as producer club OPEC seemed to stick to its supply cuts despite pressure from U.S. President Donald Trump.
2019, February, 25, 12:15:00
OIL PRICE: ABOVE $66 ANEW
REUTERS - Oil prices dipped on Monday, dragged down by plentiful supply as U.S. exports soar and compete with traditional producers from the Middle East in key markets such as Asia.
2019, February, 22, 12:15:00
OIL PRICE: NEAR $67
REUTERS - Oil prices were firm on Friday, supported by OPEC’s ongoing supply cuts and hopes that Washington and Beijing may soon end their trade dispute.
2019, February, 20, 11:50:00
OIL PRICE: ABOVE $66 YET
REUTERS - International Brent crude futures were at $66.41 per barrel, down 4 cents from their last close, though still not far off their 2019 high of $66.83 per barrel, hit on Monday. U.S. West Texas Intermediate (WTI) crude oil futures hit 2019 highs of $56.39 per barrel on Wednesday but had slipped back to $56.16 per barrel by 0746 GMT, which was slightly above their last settlement.
