Tag: Barrel
Texas oil rises 1.3% to $86.15 per barrel, after reaching $87.5
The price of West Texas Intermediate (WTI) crude oil opened higher on Friday, rising 2.06% to $86.77 per barrel, as tensions escalate in the Middle Ea [...]
Texas oil falls 0.68%, reaching $85.62 per barrel.
The price of West Texas Intermediate (WTI) crude oil opened this Thursday with a decrease of 0.68%, at $85.62 per barrel.WTI futures contracts for May [...]
Brent crude oil rises over 2% to reach 83.81 euros per barrel.
It happened after the Organization of the Petroleum Exporting Countries (OPEC) celebrated the International Energy Agency (IEA) highlighting the impor [...]
$70 a Barrel Holds Firm as China Adds to Demand Concerns
OIL PRICE FORECAST:Oil Fails at the $70 Hurdle Before Sliding Further.President Putin Makes Rare Visit to Middle East as Saudi Arabia and Russia Reite [...]
WTI Rangebound as Demand Concerns Resurface. $80 a Barrel Incoming?
OIL PRICE FORECAST:Oil Slips on Demand Fears as US Exports and Imports are on a Steady Decline.Middle East Tensions Ease but Geopolitical Risk Remains [...]
The goldilocks price for oil is around US$70 per barrel.
An item from oil news site Rigzone quotes an analyst view that the sweet spot for oil pricing is around US$70 per barrel:FGE’s Director of Short-Term [...]
After Kraken Crackdown, Are the Remaining Crypto Giants Staring Down the Barrel of the US Government’s Gun?
Meanwhile, the inferno of FTX and some of the other crypto misdeeds are "confirming some of people's darkest concerns about crypto and blockchain," he [...]
WTI Oil Remains Under Pressure Below $80 a Barrel Mark
KEY POINTS:
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G7/EU Oil Price Cap talks will resume on Monday. $65 per barrel limit is a sticking point.
The talks have been ponderously rolling along for months and of course the more that gets resolved the more we move closer to the real gnarly issues t [...]
Sasfin : Forex Daily Market – Brent crude is holding just above $85 per barrel
Today's Talking Point
Oil update
Expected:
Prior: 123.4
The fro [...]
US plans to signal replenishing the SPR at $67-72 per barrel
Reuters is reporting that the US will signal a willingness (plan?) to replienish the strategic petroleum reserve in the $67-72 range. The idea is that [...]
ICYMI – US, allies reportedly discussed capping Russian oil prices as low as $40 a barrel
Mani points (the report came via a Bloomberg pice):
Bloomberg cited unnamed sources saying the US and allies are considering capping Russian oil a [...]
Here is what could send the price of oil to $380 / barrel – JP Morgan on Russia revenge
JP Morgan analysts outline potential retaliation by Russia if the G7 manage to put together a mechanism to cap the price of Russian oil:
“The most [...]
WTI crude oil futures settle at $108.21 per barrel
We price of WTI crude oil futures are settling at $108.21 for the May contract. That's up $1.26 or 1.18%. The May contract goes off the board on Wedne [...]
U.S. oil tumbles more than 8%, dips below $100 per barrel
Permian Basin rigs in 2020, when U.S. crude oil production dropped by 3 million a day as Wall Street pressure forced cuts.Paul Ratje | Afp | Getty Ima [...]