The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
These are standardised products used to determine the prices for all other types. The reference oil traded most frequently and of major significance for the USA is West Texas Intermediate (WTI ...
The firmer USD and OPEC's latest downward revision for demand growth could cap the WTI’s upside.
WTI crude oil price continues to be bearish, based on the daily chart, said Matt Simpson, market analyst at Forex.com and City Index. Front-month WTI crude oil futures were 0.3% lower.
Oil futures finished lower on Monday, with U.S. and global benchmark prices at their lowest in almost two weeks. Crude prices are facing headwinds from "f ...
WTI price may find immediate support at the nine-day EMA at $70.72, aligned with the 14-day EMA at $70.62. If the 14-day RSI falls below the 50 level, it could signal the start of a bearish trend.
Geopolitical tensions and weak Chinese demand weigh on natural gas and oil prices, with technical indicators suggesting ...
WTI crude futures recover from a sluggish opening and close higher for the second consecutive day. But gains have been small as prices continue under pressure amid faltering global demand. The recent ...
Oil prices were up in early Asian trade. Concerns such as China’s weak demand for oil have weighed on prices recently.
December WTI is down $2.32 at $68.06/bbl ... However, the San Francisco CARBOB's flat price is closing in on falling below $2/gal. East of the Rockies, Chicago CBOB is the lowest in the country and is ...
These actions signaled a commitment to tightening the supply, which helped in triggering the recent rebound in oil prices. As a result of these developments, WTI was on track to close the week ...