Oil Market Sentiment: WTI Oil closed up 83 cents.

New York West Texas Intermediate (WTI) crude oil futures closed higher on Thursday (January 5), supported by declines in US refinery and gasoline inventories last week. The WTI Crude Oil contract is delivered in February. It rose 83 cents, or 1.14%, to $73.67 a barrel. The contract for Brent crude oil (BRENT) is delivered in … Read more

WTI oil prices are up more than 2% to $74, speculating to support the market.

WTI crude oil futures rose more than 2% to $74 as investors entered speculative orders into the market. after the previous price crash At 18:59 Thai time, West Texas crude oil (WTI) contract for February delivery Che traded on the NYMEX plus $1.63, or 2.24%, to $74.47 a barrel. Oil prices tumbled more than 9% … Read more

Revealed! This is what prompted Putin to take revenge on Joe Biden cs

Jakarta – Russian President Vladimir Putin banned it oil export to the G7 countries as well as Australia and the European Union. The decision was revenge in the aftermath of policies enacted by G7 countries, including the United States, the European Union, Japan and Australia. The root of the problem is the import price limit … Read more

Oil Market Condition: WTI Oil closes as high as $2.07

West Texas Intermediate (WTI) New York crude futures closed higher on Friday (Dec. 23) on reports that Russia would cut exports of Baltic crude. The news overshadowed any negative factors that cold weather in the US could have on fuel demand this holiday season. The WTI Crude Oil contract is delivered in February. It rose … Read more

Gasoline subsidy cap, lowered by 2 yen per month since January 23 = Ministry of Economy, Trade and Industry | Reuters

On Dec. 21, the Ministry of Economy, Trade and Industry announced that the cap on gasoline subsidies will be lowered in 2 yen increments starting January 2023. FILE PHOTO: Ciudad Juarez, Mexico March 14, 2022 REUTERS/Jose Luis Gonzalez TOKYO (Reuters) – The ministry of economy, trade and industry on May 21 announced it would gradually … Read more

[Mercato USA]Yen climbs sharply due to BOJ shock, temporarily in 130 yen mid-range-stock rebound-Bloomberg

On the 20th the US stock market rebounded for the first time in five working days. It was an up and down movement all day. Tech stocks continued to slide, weighed down by the Fed’s renewed hawkish stance last week. buffer stock closing price Compared to the previous working day Exchange rate S&P 500 stock … Read more

Ukraine: Russia may attack Kiev again in January, says military commander – Bloomberg

The United States has imposed sanctions on Russian billionaire Vladimir Potanin. The move is part of a larger US Treasury sanctions package aimed at about 40 people with ties to the Russian government. But his mining company, Norilsk Nickel, was excluded. The US is trying to maintain stability in the metals market. Ukraine’s military commander-in-chief … Read more

Ukraine: Russia warns any patriots who side out will be attacked – Bloomberg

United States to supply Ukraine with Patriot surface-to-air missile systemmedical examinationIn response, Kremlin spokesman Dmitry Peskov said any patriots deployed on Ukrainian territory would be targeted. When asked if the Patriots could be targeted, Peskov replied, “Of course.” He declined to comment further. The Patriots’ offer, which is expected to strengthen Ukraine’s defenses against Russian … Read more

WTI Crude Oil Surges 2% Above $75 on CPI

WTI crude futures rose more than 2% to $75 on a lower-than-expected Consumer Price Index (CPI) release. This will be one factor that will encourage the US Federal Reserve (Fed) to slow rate hikes. At 22:53 Thai time, contract for West Texas crude oil (WTI) for January delivery. which traded on the NYMEX plus $1.93, … Read more

Not the US, Saudi Arabia works with China to control the oil supply

Jakarta – China and Saudi Arabia stressed the importance of stability in global oil markets and the role they play in achieving this balance. This follows Chinese President Xi Jinping’s three-day visit to Saudi Arabia. “China welcomes the Saudi kingdom’s role as an advocate of balance and stability in the world oil market and as … Read more