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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 tumbles to below $65.50 amid concern over oil demand
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.40 during the early Asian trading hours on Wednesday.
Saudi Arabia exported more crude Oil and Oil products in May - Commerzbank
Saudi Arabia exported just under 6.2 million barrels of crude Oil per day in May, according to data from the Joint Official Data Initiative (JODI), Commerzbank's commodity analyst Carsten Fritsch notes.
China imports significantly more (Iranian) Oil from Malaysia - Commerzbank
China published detailed data on crude Oil imports in June on Monday. Of the total 49.9 million tons, Russia accounted for 8.35 million tons and Saudi Arabia for 7.9 million tons, Commerzbank's commodity analyst Carsten Fritsch notes.
Brent hits resistance at $72 - Société Générale
Brent crude is struggling to break above its 200-day moving average near $72, highlighting ongoing resistance in the market. Failure to overcome this barrier could trigger further declines toward $66.30 and potentially $63.00, Société Générale's FX analysts note.
WTI falls to near $65.50 as prevailing trade tensions boost demand concerns
West Texas Intermediate (WTI) Oil price extends its losses for the third successive session, trading around $65.50 during European hours on Tuesday. The price of the black gold depreciates as ongoing trade tensions boost fears about the demand outlook.
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 $65.31 per barrel, down from Monday's close at $65.68.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $68.05 after its previous daily close at $68.39.
WTI loses ground to near $65.50 amid concerns over mounting global supply, tariff fears
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.65 during the early Asian trading hours on Tuesday. The WTI loses traction amid concerns of a mounting global oil supply glut.
Nord stream sanctions reinforce Gas market shift - ING
The sanction package includes a transaction ban on Nord Stream 1 & 2, ING's commodity experts Ewa Manthey and Warren Patterson note.
Further EU sanctions on Russia - ING
The EU announced its 18th sanction package against Russia at the end of last week, which involves tougher sanctions against the Russian energy sector. This includes lowering the Oil price cap for Russian crude from US$60/bbl to US$47.60/bbl. It will come into force on 3 September.
WTI flattens around $66 even as EU approves sanctions on Russia
West Texas Intermediate (WTI), futures on NYMEX, trades flat around $66.00 during the European trading session on Monday. The Oil price struggles for direction while the European Union (EU) has imposed sanctions on energy exports from Russia, following its three-year long war with Ukraine.
USD/CAD rises to near 1.3750 ahead of BoC Business Outlook Survey
USD/CAD attempts to retrace its recent losses from the previous session, trading around 1.3730 during the early European hours on Monday. The pair appreciates as the Canadian Dollar (CAD) struggles amid ongoing trade tensions.
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 $66.22 per barrel, up from Friday's close at $65.98.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $68.58.
WTI holds positive ground near $66.00, eyes on Russia energy curbs
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $66.05 during the early Asian trading hours on Monday. The WTI gains ground as traders assess the impact of new European sanctions on Russian oil supply.
WTI rises on Middle East tensions and softer US Dollar
West Texas Intermediate (WTI), the US Crude Oil benchmark, extends gains for the second straight day on Friday, with spot prices hovering around $66.90 during the American trading hours, up nearly 1% on the day.
OPEC does not correct, but clarifies - Commerzbank
OPEC was the last of the three agencies to present its monthly update of its forecasts this week, Commerzbank's commodity analyst Barbara Lambrecht notes.
Oil market in wait-and-see mode - Commerzbank
Oil prices have largely remained unchanged in recent days, Commerzbank's commodity analyst Barbara Lambrecht notes.
US Gas stable on expected storage build - Societe Generale
US natural Gas prices held steady after EIA data showed a storage build in line with expectations, while European prices slipped as Norwegian supply disruptions eased. Despite earlier support from outages, improving UK grid flows weighed on the TTF.
Oil: Middle distillate tightness persists - ING
Oil prices firmed yesterday despite a recovery in the USD amid waning concern that President Trump may remove Federal Reserve Chairman Jerome Powell from his position. Some fairly supportive US macro data also supported the Oil.
Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $66.38 per barrel, up from Thursday's close at $66.30.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $68.89 price posted on Thursday, and trading at $68.96.
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