WTI Oil

WTI Crude Oil is extracted from fields located in Texas, North Dakota, and Louisiana of the United States.

WTI advances to one-week high, closer to mid-$59.00s as traders eye US-China trade talks

WTI builds on this week’s bounce from a nearly one-month low amid US-China trade talks optimism. The fundamental backdrop warrants…

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Crude Prices Rally as Oversupply Fears Recede

June WTI crude oil (CLM25) Tuesday closed up +1.96 (+3.43%), and June RBOB gasoline (RBM25) closed up +0.0417 (+2.06%). Crude…

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Commodities – Oil, Natgas, Gold And Cocoa

Oil OPEC+ has agreed to another substantial production increase for June, once again by 411,000 barrels per day, mirroring the…

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Oil Rebounds 2% From Two Year Lows

Brent Crude oil prices (OIL) are rising over 2% today, rebounding from four-year lows. The recent declines were driven by…

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Chart of The Day – OIL.WTI

West Texas Intermediate (OIL.WTI) crude rebounded 1.5% to $58.19 on Tuesday following Monday’s 2% drop to its lowest level since…

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WTI rises above $57.50, continues recovery despite concerns over rising global supply

WTI price advances even as global supply concerns mount after OPEC+ moves to accelerate production hikes. The OPEC+ has pledged…

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WTI recovers early losses, acceleration in Oil output is still a concern

The outlook for the Oil price remains grim as the OPEC+ has announced that it will speed up the unwinding…

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WTI tumbles below $56.00 as OPEC+ accelerates output hikes

WTI price loses momentum to near $55.75 in Monday’s Asian session, down 4% on the day. OPEC+ is set to…

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OPEC+ Mulls Accelerated Output Hike in June, Eyes Increase of Up to 400,000 Bpd

The June WTI (CLM25) contract settled at 58.29 (-0.95) [-1.60%], high of 59.87, low of 57.74. Cash price is 59.24 (+1.04). Open interest…

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WTI rises to near $59.50 due to potential easing of U.S.-China tensions

WTI price rises due to growing optimism over a potential easing of tensions between the US and China. Trump indicated…

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