Crude Oil
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Crude Prices Tumble on Signs of Robust Global Oil Supplies
February WTI crude oil (CLG26) on Wednesday closed down -1.14 (-2.00%), and February RBOB gasoline (RBG26) closed down -0.061 (-0.36%).…
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RUB: Russian Oil exports plunge, revenue falls sharply – Commerzbank
Russian Oil exports are declining sharply, impacting the nation’s export and budget revenues. In the four weeks to 4 January…
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WTI Price Forecast: Sees immediate support near $55 amid US-Venezuela clash
The Oil price is under pressure on hopes that Venezuela’s Oil industry restructuring will increase global crude production. Investors await…
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Crude Prices Retreat on Dollar Strength and Energy Demand Concerns
February WTI crude oil (CLG26) on Tuesday closed down -1.19 (-2.04%), and February RBOB gasoline (RBG26) closed down -0.0194 (-1.13%).…
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Chart of The Day – OIL.WTI
US actions in Venezuela following the seizure of power from Nicolás Maduro are now focused on rebuilding the country’s devastated…
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WTI declines to near $58.00 amid Venezuela oil flow uncertainty
WTI price drifts lower to near $58.00 in Tuesday’s early European session. Traders assess the possible impact on crude flows…
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Crude Rallies on Rising Geopolitical Risks
February WTI crude oil (CLG26) on Monday closed up +1.00 (+1.74%), and February RBOB gasoline (RBG26) closed up +0.0218 (+1.28%).…
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Chart of The Day – OIL.WTI
Weekend events in Venezuela shook the global news cycle, but so far they have had a limited impact on financial…
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WTI falls to near $57 as US pledges to build Venezuela Oil infrastructure
The Oil price declines to near $57.00 as the US vows to restructure Venezuela’s Oil industry. The US led Venezuela…
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Crude Prices Pressured by Concerns About a Global Oil Glut
February WTI crude oil (CLG26) on Friday closed down -0.10 (-0.17%), and February RBOB gasoline (RBG26) closed down -0.0168 (-0.08%).…
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