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Crude Oil, Fed
Crude oil prices today: WTI is trading at $70.98
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors related to U.S. and international supply and demand conditions. For example, the Brent/WTI spread hit nearly $14/bbl in April 2011 when protests sparked market fears of significant oil supply disruptions in the Middle East.
Crude Oil Price Forecast – Crude Oil Continues to Show Signs of Life
The crude oil market continues to bounce a bit on each successive drop, as the demand for oil seems to be a factor, but the fact that the market has sold off so much could also bring in the value hunters at these low levels.
Oil futures trim losses after fall in U.S. crude inventories, Fed rate cut
Oil futures trimmed losses Wednesday, after government data showed U.S. crude inventories fell last week and the Fed delivered a half-point rate cut.
Crude, EIA
Rising jet fuel stocks weigh on US West Coast refiner margins, EIA says
Refiner margins on jet fuel averaged 5 cents a gallon at the Los Angeles trading hub last month, the lowest in at least five years, as low demand and high supplies pushed inventories to a record high,
U.S. Crude Oil Stockpiles Fall in Week Ended Sept. 13
Commercial crude oil stockpiles excluding the Strategic Petroleum Reserve fell by 1.6 million barrels to 417.5 million barrels in the week ended Sept. 13 and were about 4% below the five-year average for the time of year,
Weekly Crude Inventories Fall More Than Expected, EIA Says
Commercial crude stockpiles in the US declined more than expected last week while motor gasoline and distillate fuel edged higher, government data showed Wednesday. Inventories of crude, excluding the strategic petroleum reserve,
10h
Motor Oil Says Key Crude Unit Was Shut Down in Fire on Tuesday
The fire at Greece’s Agioi Theodoroi oil refinery earlier this week occurred in one of two key crude processing units at the ...
Crude Oil Prices
6h
Saudi Arabia’s Crude Oil Exports Slumped to an 11-Month Low in July
Saudi Arabia's crude oil exports declined in July due to increased domestic consumption during the summer months, despite a ...
moneycontrol.com
4h
Crude oil volatile for OMCs to take decision on fuel price cut: Oil ministry source
The state-run
oil
marketing companies (OMCs) have not reduced retail petrol and diesel prices despite sinking
crude
oil
...
Reuters
10h
Saudi Arabia's crude oil exports in July hit almost one-year low
Sept 19 (Reuters) - Saudi Arabia's
crude
oil
exports in July fell to their lowest level in nearly a year, data from the ...
MarketWatch
1d
Crude Oil WTI (NYM $/bbl) Front Month
2-Year U.S. Treasury Note Continuous Contract $104.281-0.082-0.08% 5-Year U.S. Treasury Note Continuous Contract $110.406-0.172-0.16% 10-Year U.S. Treasury Note Continuous Contract $115.125-0.250 ...
2d
U.S. crude oil trades above $70 per barrel as Gulf of Mexico production recovers
U.S. crude oil is down more than 13% this quarter, while Brent has fallen nearly 16% as demand slows in China.
10h
Brent Crude Oil rebounds amid monetary easing and market dynamics
Concurrently, the latest data from the US Department of Energy showing a decrease in crude oil inventories by 1.63 million ...
Crude Oil Prices
20h
Why We Could See A Larger Short-Covering Rally in Oil
Standard Chartered: no supply glut is likely in at least Q4-2024 and H1-2025 if OPEC+ producers keep to their commitments.
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