WTI oil closed down $ 1.33, investors took profits.

” West Texas Intermediate (WTI) crude oil futures closed in New York on Friday (Jan 27), falling below $80/barrel. Because investors sell and take profits West Texas Crude Oil (WTI) Contract for March Delivery Shed $1.33, or 1.6%, to $79.68/barrel, down 2.4% for the week. Brent crude oil contract (BRENT) for delivery in March. Shed … Read more

New strains will hinder demand recovery, speeches put pressure on crude oil closes to hit a record low in more than a week

Original title: New strains will hinder demand recovery, speech pressure, crude oil closes to a record low in more than a week According to news from the financial sector on December 15, the International Energy Agency expects that the new crown Omi Keron mutant strain will hinder the recovery of crude oil demand. Crude oil … Read more

Weekly oil price losses by 7.7% for Brent and 8.9% for WTI

registered oil prices Crude has its biggest weekly losses in nine months, at the conclusion of the trading sessions in the futures markets last Friday, as the international benchmark Brent crude contracts fell 7.7% compared to the end of the previous week, and the prices of the US West Texas Intermediate crude contracts fell 8.9%. … Read more