The bank cited two main changes in the oil markets.
The West Texas Intermediate for April delivery dropped 68 cents, or 1.01 percent, to settle at 66.90 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for May delivery decreased ...
The WTI price remains under selling pressure amid concern about the impact of US import tariffs on global economic growth and ...
Brent crude futures fell USD 1.17, or 1.5%, to settle at USD 74.79 a barrel, while the U.S. West Texas Intermediate crude fell USD 1.12, or 1.6%, to USD 70.17 a barrel. Both benchmarks lost more ...
The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) ...
The West Texas Intermediate for April delivery added 40 cents, or 0.6 percent, to settle at 67.58 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for May delivery gained 49 ...
Crude oil futures declined on Tuesday due to weak global demand, with both West Texas Intermediate and Brent crude trading ...
There are supply-and-demand and geopolitical reasons for the price move, but the truth is that this type of volatility isn't uncommon in the energy sector. Here's why that could make ExxonMobil (NYSE: ...
West Texas Intermediate slid almost 3% to end the session at $70.40 a barrel, the lowest settlement price since Dec. 26. The drop deepened after prices dipped below their 100-day moving average of ...
Crude oil prices have started the week up, with Brent Crude trading at $76.16 per barrel, up 1.2%, and West Texas Intermediate 2% up at $73.75 per barrel. This follows two consecutive weeks of losses.
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