Barrel of Crude Oil Trades with Negative Sign in International Markets

Barrel of Crude Oil Trades with Negative Sign in International Markets

The barrel of crude oil traded today with a negative sign in the international markets of New York and London. West Texas Intermediate (WTI) crude, which operates on the New York futures market (Nymex), fell 0.16% this morning and was trading at US$ 79.70 a barrel in contracts with delivery in October. Similarly, Brent oil […]

US Commercial Crude Oil Reserves Rise Surprisingly, Upending Analyst Expectations

Commercial crude oil reserves rose sharply last week in the United States, according to figures released Wednesday by the US Energy Information Agency (EIA), catching the market by surprise. During the week ended June 9, commercial inventories increased by 7.9 million barrels, while analysts expected a decline of 1.5 million barrels, according to a consensus […]

Crude Oil Trades Higher in New York and London Markets

The barrel of crude oil was trading today with increases in the international markets of New York and London. West Texas Intermediate (WTI) crude, which operates on the New York futures market (Nymex), advanced 1.87% this morning and was trading at US$ 73.08 a barrel in contracts with delivery in July. Similarly, Brent oil from […]

Oil Prices Surge as NY and London Markets See Increases

The barrel of crude oil was trading today with increases in the international markets of New York and London. West Texas Intermediate (WTI) crude, which operates on the New York futures market (Nymex), advanced 0.03% this morning and was trading at US$ 68.11 a barrel in contracts with delivery in July. Similarly, Brent oil from […]

“Forecasts for Global Oil Supplies Rates in 2023: OPEC Predictions and Analysis”

the date 5/13/2023 11:44:30 PM (MENAFN- Youm7) The latest forecasts of the Organization of the Petroleum Exporting Countries (OPEC),This led to a decrease in the total oil supplies of the group of producing countries from outside during the first quarter of 2023, by about 120 thousand barrels per day, compared to the previous quarter, to […]

Oil Prices Continue to Rise in International Markets

The barrel of crude oil was trading today with increases in the international markets of New York and London. West Texas Intermediate (WTI) crude, which operates on the New York futures market (Nymex), advanced 0.58% this morning and was trading at US$ 69 a barrel in contracts with delivery in June. Similarly, Brent oil from […]

Oil Barrel Prices Fall in New York and London Markets

The barrel of crude oil was trading lower today in the international markets of New York and London. West Texas Intermediate (WTI) crude, which operates on the New York futures market (Nymex), fell 0.31% this morning and was trading at US$ 77.63 a barrel in contracts with delivery in June. Similarly, Brent oil from the […]