West Texas crude oil (WTI) contracts in New York closed down more than 2% on Friday (Dec. 1) after adjusting to fluctuations this week. Meanwhile, investors are still keeping an eye on the situation of the latest round of oil production cuts in the OPEC+ group. and are concerned about stagnant manufacturing activity around the … Read more
West Texas Crude Oil (WTI) contracts in New York closed negative on Thursday (Sept. 21), with the market pressured by concerns that high interest rates could affect the economy and oil demand. However, WTI oil prices closed slightly lower. This was because news of Russia announcing the suspension of oil exports around the world was … Read more
West Texas Intermediate (WTI) crude futures in New York closed slightly lower on Wednesday (July 19) as investors took profits after oil prices rose during the day. The WTI crude oil contract is delivered in August. She was down 40 cents, or 0.5%, at $75.35 a barrel. The Brent crude oil contract (BRENT) is delivered … Read more