Archive for Tag: difference between brent and wti

Homedifference between brent and wti
WTI crude futures
03Nov
/ Csfx analytics

Oil slips after API data shows U.S. inventory build-up

Brent Oil was trading 1.89% downat $83.11. Oil prices fell on Wednesday as industry data pointed to a big build in crude oil and distillate stocks in the United States, the world’s largest oil consumer, and as pressure mounted on OPEC to increase supply. Brent crude futures were down...

, , , , , , , ,

Market Outlook Commodities

Read More
08Sep
/ Csfx analytics

Oil climbs on slow return of U.S. supply after Hurricane Ida

Brent Oil was trading 0.04% up at $71.72. Oil prices climbed on Wednesday, recouping some overnight losses from a stronger dollar and demand concerns, with a slow production restart in the U.S. Gulf of Mexico and resumption of refining activities providing support. U.S. West Texas Intermediate (WTI) crude futures...

, , , , , , , , , , , , , , , , ,

Market Outlook Commodities

Read More
07Sep
/ Csfx analytics

Market Outlook – Oil rises on demand outlook, Gulf outages

Brent Oil was trading 0.03% down at  $72.24. The head of Russia’s No. 2 oil producer Lukoil said that oil prices of $65-$75 were “comfortable” for consumers and that the OPEC+ group of leading oil-producing nations was striving to maintain that price range by regulating output. In an interview...

, , , , , , , , , , , , , , , ,

Market Outlook Commodities

Read More
26Aug
/ Csfx analytics

Oil rally ends amid COVID-19 concerns, returning supply

Brent Crudewas trading 0.87% down at $70.64. Oil fell on Thursday for the first session this week as renewed concerns about demand amid rising COVID-19 infections cut short a three-day rally, and as Mexico restored some oil production. Brent Crudewas down 71 cents, or 1%, at $71.54 a barrel...

, , , , , , , , , , , , , , , , , , , , , , ,

Market Outlook Commodities

Read More