The price of WTI oil fell near $71.

WTI crude futures fell more than 3 percent, near $71 today. Amid concerns about the Chinese economy and increasing oil production capacity of the Petroleum Exporting Countries (OPEC) and its allies. or OPEC Plus As of 10:47 p.m. Thai time, the West Texas Intermediate (WTI) crude oil contract was delivered in September. Trading on the … Read more

WTI oil prices surged past $73 as US stocks fell more than expected.

WTI crude oil futures crossed above $73 today. U.S. crude inventories fell more than expected last week. which indicates that the spread of the COVID-19 virus Virtually no impact on oil demand As of 9:53 p.m. Thai time, the West Texas Intermediate (WTI) crude oil contract was delivered in September. Trading on the NYMEX was … Read more

Opec + agrees on higher oil production

Oil production Brent is the most important type of oil for Europe. The WTI variety comes from the USA. (Photo: dpa) Singapore The prospect of higher oil production in the OPEC countries and a general sell-off mood on the stock exchanges have also caused the oil price to fall significantly. The price of Brent oil, … Read more

Oil market conditions: WTI oil closes minus 46 cents.

New York’s West Texas Intermediate (WTI) crude futures closed lower last night (July 12) as investors worried that The heavy spread of the COVID-19 virus especially the delta virus It will affect the economy and oil demand in the world market. In addition, the oil market is also pressured by the failure to reach an … Read more

Oil prices stabilize after going up and down

Oil production Brent is the most important type of oil for Europe. The WTI variety comes from the USA. (Photo: dpa) Singapore Oil prices initially barely changed in early trading on Wednesday. The day before, however, they had made a violent ascent and descent. A barrel (159 liters) of North Sea Brent cost US $ … Read more