Oil prices slump after industry data shows rise in U.S. crude inventories
Oil futures were lower Wednesday morning, losing ground after industry data showed a rise in U.S. crude and product inventories, underlining concerns around the outlook for domestic demand. The American Petroleum Institute late Tuesday reported that U.
Crude oil prices today: WTI prices are up 7.38% this year
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark for U.S. oil prices in the trading world.
On Tuesday, May 7th, U.S. stock markets closed mixed, with the S&P 500 and Dow Jones Industrial Average ending slightly ...
Saudi Arabia’s national oil company first-quarter profit fell and missed analysts’ forecasts due to a lower volume of crude ...
Oil prices were trading lower, with Brent crude still below $84 a barrel on a stronger U.S. dollar and reports of a weekly build in U.S. crude inventories. Brent crude and WTI were both down 1.1% at ...
CME Group (NASDAQ:CME) is set to expand its suite of short-term West Texas Intermediate ("WTI") crude oil options to include ...
TC Energy's planned oil pipeline spin-off is a bet that it can supply more Canadian crude to U.S. Gulf of Mexico refiners, ...
On the Multi Commodity Exchange, crude oil for May delivery fell Rs 114 or 1.73 per cent to Rs 6,471 per barrel with a business volume of 11,948 lots ...
WTI crude oil holds below $80 on easing tension in the Middle East.It hit a highof $78.98 yesterdayand is currently trading at $78.31. According to the American Petroleum Institute, crude oil ...
Oil prices fell in Asian trade on Wednesday as industry data showed a pile-up in crude and fuel inventories in the U.S., a sign of weak demand, and cautious supply expectations emerged ahead of an ...
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