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WTI posts modest gains above $64.50 as US crude inventories unexpectedly fall
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.55 during the Asian trading hours on Thursday. The WTI edges higher due to an unexpected fall in US crude inventories and fears that Ukrainian strikes on Russian energy facilities might threaten supply.
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $64.60 per barrel, down from Wednesday's close at $64.68.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $68.28 after its previous daily close at $68.37.
WTI declines to near $64.50 on profit-taking
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.55 during the Asian trading hours on Thursday. The WTI decline as traders take profits after a rise to a three-week high in the previous session.
WTI climbs to three-week high as EIA draw and geopolitical risks lift Oil prices
West Texas Intermediate (WTI) Crude Oil extends its rebound for the second straight day on Wednesday, recovering from its weakest level in nearly two weeks, hit earlier on Monday.
WTI Price Forecast: Tests 50-day EMA barrier after breaking above $63.50
West Texas Intermediate (WTI) Oil price extends its gains for the second successive session, trading around $63.60 per barrel during the European hours on Wednesday.
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $63.40 per barrel, down from Tuesday's close at $63.56.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $67.06 after its previous daily close at $67.25.
WTI holds losses near $63.50 despite growing supply concerns
West Texas Intermediate (WTI) Oil price edges lower after registering more than 2% in the previous session, trading around $63.50 per barrel during the Asian hours on Wednesday.
WTI tumbles below $62.00 amid supply glut fears
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.85 during the early European trading hours on Tuesday. The WTI slumps amid heightened concerns over oversupply after Iraq and the Kurdish regional governments have reached a deal to restart an oil pipeline.
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $61.83 per barrel, down from Monday's close at $62.28.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $65.62 after its previous daily close at $66.09.
USD/CAD holds gains near 1.3850 amid lower Oil prices
USD/CAD extends its gains for the second successive session, trading around 1.3830 during the Asian hours on Tuesday. The pair draws support as the commodity-linked Canadian Dollar (CAD) weakens on declining Oil prices, given that Canada is the largest Oil exporter to the United States (US).
WTI extends the decline below $63.50 on lingering oversupply concerns
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.20 during the early Asian trading hours on Tuesday. The WTI extends the decline amid lingering oversupply concerns.
WTI Crude Oil steadies after testing key support, remains trapped in narrow range
West Texas Intermediate (WTI) Crude Oil pares some of its early losses on Monday, trading around $62.25 after slipping to an intraday low of $61.57.
WTI climbs toward $63.00 as tensions rise in Europe, Middle East
West Texas Intermediate (WTI) Oil price halts its three-day losing streak, trading around $62.90 during the early European hours on Monday. Crude Oil prices gain ground amid rising geopolitical tensions in Europe and the Middle East.
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $62.74 per barrel, up from Friday's close at $62.33.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $66.12.
WTI rises above $63.20 amid geopolitical risks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.20 during the early Asian trading hours on Friday. The WTI rises amid escalating geopolitical tension in Europe and the Middle East.
WTI extends declines as strong US Dollar and weak demand overshadow Fed rate cut
West Texas Intermediate (WTI) Crude Oil remains under pressure on Friday, extending its losing streak for the third straight day. The US benchmark has surrendered all the gains it notched earlier in the week and is now poised to end the week in negative territory.
Oil: Warning of cuts in Russian Oil production - Commerzbank
The Russian pipeline monopoly has warned that Russian Oil production might have to be reduced due to Ukrainian drone attacks. This was reported by three industry sources. In addition to several refineries, Russia's largest Oil port on the Baltic Sea had recently been targeted in an attack.
Sharp decline in US crude Oil stocks - Commerzbank
US crude Oil inventories fell unexpectedly sharply by 9.3 million barrels last week, according to the US Department of Energy, Commerzbank's commodity analyst Carsten Fritsch notes.
Energy: US natural Gas storage rises - ING
Oil prices drifted lower for a third straight session in the early trading session today, following the latest comments from President Trump who called for lower oil prices to pressure Moscow to end the war in Ukraine.
WTI Oil's reversal extends below $63.00 on concerns about demand
Crude Oil is trading lower for the third consecutive day on Friday, as investors remain wary about an Oil glut amid the weak outlook for global demand.
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