A special ceremony was held in West, Texas, on Saturday marking the solemn anniversary of the deadly fertilizer plant explosion a decade ago. The ceremony took place two days before the actual anniversary, on April 17, 2013. City of West and McLennan County officials paid tribute to the 15 lives lost that April night, including … Read more
Oil futures prices continue to fallas West Texas Intermediate (WTI) fell below $100 per barrel for the first time since May 11. Recession fears seem to indicate that demand for fossil fuels may decline furtherwhile the European Union pressed for an agreement on the Joint Comprehensive Plan of Action (JCPOA) soon. West Texas Intermediate (WTI) … Read more
20 February 2021 – 340 – Oil prices drop $ 1.28 as Texas prepares to resume oil production West Texas Crude Oil Futures Friday market closed (Feb. 19) dropped $ 1.28 as the Texas energy industry is preparing to resume oil production. After the cold weather has affected previous oil and gas production. West Texas … Read more
February 11, 2021 – 4 – Oil prices added 32 cents to a record for the longest in two years, boosted by lower than expected US crude stocks last week. West Texas Crude Oil Futures Wednesday’s close (Feb. 10) gained 32 cents, the longest uptrend in two years, nine days. It was boosted by lower … Read more
February 9, 2021 – 32 – Oil prices soar $ 1.12 in response to economic stimulus measures and OPEC Plus cut production West Texas Crude Oil Futures Monday’s close (Feb. 8) rose $ 1.12 amid hopes of progress in the U.S. economic stimulus package. Including production cuts of the Petroleum Exporting Countries (OPEC) and allies. … Read more
Original title: Expectations of economic recovery and OPEC’s continued production restrictions boosted crude oil revenue to a record high in more than a year According to the news from the financial community network on February 5, the global economy is recovering from the new crown pandemic. At the same time, OPEC and its allies will … Read more
West Texas crude prices closed up $ 1.41, rising for a fourth consecutive day last night (Jan 8) on the news of Saudi production cuts – US oil stocks cut. New York’s West Texas Crude (WTI) contract closed for a fourth consecutive day on Thursday (8 Jan), boosted by Saudi Arabia’s willingness to cut production. … Read more
January 8, 2021 – 0 – Oil prices rose 20 cents to respond to the Saudi cut oil production. West Texas Crude Oil Futures Closed on Thursday (7 Jan) rose 20 cents in response to Saudi Arabia’s voluntary cut of oil output. US crude stocks fell more than expected last week. Oil prices were also … Read more
January 6, 2021 – 17 – Oil prices soar at $ 2.31 as OPEC Plus news nears a deal. West Texas Crude Oil Futures Tuesday’s close (Jan. 5) soars $ 2.31, the first time since Feb. After news that Petroleum Exporting Countries (OPEC) and Allies Or OPEC Plus Close to an agreement on oil production … Read more