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WTI climbs to near two-week high above $60.00 as US sanctions on Russian oil companies
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $60.10 during the early Asian trading hours on Thursday. The WTI climbs to a near two-week high after the United States (US) hit Russia's major oil companies with sanctions.

US imposes sanctions on Russian oil companies
The US President Donald Trump administration hit Russia's major oil companies with sanctions and accused the Russians of a lack of commitment toward ending the war in Ukraine, Reuters reported on Wednesday.

WTI gains traction amid surprise US inventory draw and weaker Greenback
West Texas Intermediate (WTI) Crude Oil edges higher on Wednesday, extending gains for the second consecutive session as traders react to a surprise draw in US inventories.

WTI extends gains above $58.00 on hopes of a US-China deal
Crude prices are trading higher for the second consecutive day on Wednesday.

US to buy Oil for strategic reserves - ING
Oil prices managed to settle higher yesterday, with Brent closing 0.51% up on the day. However, the scale of the surplus facing the market suggests that any upside is likely limited.

USD/CAD extends losses below 1.4000 amid higher Oil prices
The US Dollar is losing ground for the second consecutive day against the Loonie, reaching lows right below 1.4000 on Wednesday's early European session, after having peaked at 1.4080 last week.

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 $58.23 per barrel, up from Tuesday's close at $57.56.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $61.39 price posted on Tuesday, and trading at $62.08.

USD/CAD falls to near 1.4000 as Oil prices extend gains on falling stockpiles
USD/CAD extends its losses for the second successive session, trading around 1.4000 during the Asian hours on Wednesday. The pair loses ground as the commodity-linked Canadian Dollar (CAD) receives support from the higher Oil prices.

WTI rises above $57.50 amid easing US-China trade tensions
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $57.55 during the early Asian trading hours on Wednesday. The WTI rises as a sign that easing US-China trade friction overrode the effects of gains in the US Dollar (USD) and excess supply concerns.

WTI Oil stabilizes as oversupply concerns persist, Fed easing offers support
West Texas Intermediate (WTI) US Oil hovers around $57 on Tuesday at the time of writing, stable for the day.

China again imported more crude Oil than needed in September - Commerzbank
Nevertheless, there was a surplus of 570,000 barrels per day in China in September when crude Oil processing data is compared with crude Oil import and domestic crude Oil production data, Commerzbank's commodity analyst Carsten Fritsch notes.

Crude Oil processing in China rose to a two-year high in September - Commerzbank
According to data from the National Bureau of Statistics, refineries in China processed 62.7 million tons of crude Oil in September, Commerzbank's commodity analyst Carsten Fritsch notes.

Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Tuesday, early in the European session. WTI trades at $57.00 per barrel, up from Monday's close at $56.92.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $60.80 price posted on Monday, and trading at $60.88.

WTI rebounds to near $56.50, oversupply fears might cap gains
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $56.50 during the early European trading hours on Friday. The WTI remains on the defensive amid concerns over excess supply.

WTI remains below $57.00 due to oversupply, demand concerns
West Texas Intermediate (WTI) Oil price remains subdued for the second successive session, trading around $56.80 per barrel during the Asian hours on Tuesday.

WTI hovers near five-month lows with bearish momentum intact
West Texas Intermediate (WTI) Crude Oil continues to lose ground on Monday, pressured by a firmer US Dollar (USD) and persistent concerns over weakening global demand.

EU members states agree to ban imports of Russian gas by the end of 2027 - Bloomberg
Energy ministers from the European Union (EU), in a meeting at Luxemburg on Monday, agree on a joint position to ban imports of gas supplies from Russia by the end of 2027, Bloomberg reported.

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 $56.82 per barrel, down from Friday's close at $57.24.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $61.25.

USD/CAD edges lower to near 1.4000 despite weaker Oil prices
USD/CAD loses ground for the second successful session, trading around 1.4010 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) struggles due to the ongoing US federal government shutdown.

WTI holds losses near $57.00 due to OPEC+ oversupply concerns
West Texas Intermediate (WTI) Oil price trims its recent gains from the previous session, trading around $57.00 per barrel during the Asian hours on Monday. Crude Oil prices face challenges amid concerns over rising global supply.
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