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Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Wednesday, early in the European session. WTI trades at $64.11 per barrel, up from Tuesday's close at $63.86.
WTI attracts some buyers above $63.50 on optimism around US-China trade talks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.80 during the Asian trading hours on Wednesday. The WTI price edges higher as traders digest the result of trade talks between the United States and China.
OPEC Secretary General says oil demand growth to continue, no peak in sight
OPEC Secretary General Haitham Al Ghais said on Tuesday that oil demand growth will remain robust over the next two and a half decades as the world population grows, per Reuters.
Oil Price Forecast: WTI crude extends upside above $64.00 on improved US-China relations
West Texas Intermediate (WTI) crude Oil price is trading higher on Tuesday, extending its upward move for the fourth consecutive day, and supported by ongoing optimism around the second day of US-China trade talks in London.
Oil: Trade talk optimism supports market - ING
Oil prices firmed yesterday, a trend that continued in early morning trading today, ING's commodity experts Ewa Manthey and Warren Patterson note.
WTI hovers around $64.50, upside appears as potential US-China deal improves energy demand
West Texas Intermediate (WTI) Oil price remains steady at around $64.50 per barrel at the time of writing. Crude Oil prices may continue their winning streak for the fourth successive day, as potential trade deal between the US and China eases tariff tensions, which dampened energy demands.
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 $64.52 per barrel, down from Monday's close at $64.55.
USD/CAD treads water above 1.3700 as tariff tensions ease following US-China meeting
USD/CAD extends its winning streak for the third successive session, trading around 1.3700 during the Asian hours on Tuesday. The pair appreciates as the US Dollar (USD) gains ground as market sentiment improves amid easing tariff war tensions between the United States and China.
WTI drifts higher above $64.50 on US-China trade talk hopes
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.65 during the Asian trading hours on Tuesday. The WTI price climbs to nearly seven-week highs, bolstered by a potential trade deal and a weaker US Dollar (USD).
Crude Oil gains ground as energy markets hope for US-China trade solutions
US West Texas Intermediate (WTI) Crude Oil prices are testing fresh seven-week highs on Monday, punching further above $64.00 per barrel.
European Gas storage tops 50% - Société Générale
European natural Gas storage has surpassed the 50% mark, but remains well below last year's levels and the five-year average, highlighting the scale of the challenge ahead. Supply concerns persist amid reduced Norwegian flows due to outages and maintenance.
US drilling activity slows - ING
The oil market strengthened over the last week thanks to a variety of global events, with the ICE Brent Aug-25 contract settling almost 5.9% higher. Canadian wildfires provided support, while the market is digesting announced supply hikes for July from OPEC+.
Brent builds higher low, targets $68.70 with eyes on $72 - Société Générale
Brent crude has formed a higher low near $63, breaking above its 50-DMA and signaling fading downside momentum. With MACD turning constructive, a test of the $68.70 pivot high is in sight--clearing it could open the door toward $71.30-72.00.
WTI trades below $64.00, upside appears due to easing US-China trade tensions
West Texas Intermediate (WTI) Oil price halts its two-day winning streak, trading around $63.90 per barrel during the European hours on Monday.
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Monday, early in the European session. WTI trades at $63.82 per barrel, down from Friday's close at $64.10.
WTI retreats from multi-week top, slides to $63.80-$63.75 ahead of US-China trade talks
West Texas Intermediate (WTI) US Crude Oil prices kick off the new week on a softer note and erode a part of Friday's strong gains to levels just above the $64.00 mark, or the highest since April 23.
IEA expects rising investments in low-emission energies, decline in Oil investments - Commerzbank
The International Energy Agency published a report on investments in the energy sector yesterday, Commerzbank's commodity analyst Carsten Fritsch notes.
OPEC Oil production rose less than agreed in May - Commerzbank
According to a Bloomberg survey, the nine OPEC countries bound by production targets increased Oil production by nearly 200 thousand barrels per day in May, Commerzbank's commodity analyst Carsten Fritsch notes.
Saudi Arabia lowers selling prices for Asia only slightly - Commerzbank
Saudi Arabia lowered the official selling prices (OSPs) for Oil deliveries to Asia in July only slightly, Commerzbank's commodity analyst Carsten Fritsch notes.
WTI wobbles around $62.20 with US NFP on the horizon
West Texas Intermediate (WTI), futures on NYMEX, trades sideways around $62.20 during European trading hours on Friday. The Oil price consolidates as investors await the United States (US) Nonfarm Payrolls (NFP) data for May, which will be published at 12:30 GMT.
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