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#West Texas Intermediate

asumetech.com

Oil loses $ 10 .. the biggest daily drop since April 2020

Oil prices dropped ten dollars on Friday, recording the largest drop in a day from April 2020, after the discovery of a new strain of the Corona virus alarmed investors and relaunched Fears of global oversupply In the first quarter of next year. Oil fell with global equity markets on...
TRAFFIC
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newsrnd.com

Oil prices fell more than ten percent

Oil prices tumbled more than 10%, recording the largest drop in a single day since April of last year, due to fears of the repercussions of detecting a new strain of the Corona virus. Reuters reported that Brent crude futures fell $8.77, or 10.7 percent, to $73.45 a barrel. West...
ENERGY INDUSTRY
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TRENDING TOPICS
profilenews.com

The new Corona mutator plunges oil prices

Oil prices plunged dramatically today, with the discovery of the new Corona mutant “Omicron”, which Britain considered the most deadly among the Corona mutant so far. Brent crude fell by $8.77, to $73.45 a barrel, which is equivalent to 10.7 percent. Meanwhile, West Texas Intermediate crude fell $9.12 (11.6 percent)...
ENERGY INDUSTRY
newsreadonline.com

Oil has lost in price the most since July

11.5% – futures for Brent crude for February 2022 delivery ($ 72.6 per barrel);. 11.3% – West Texas Intermediate (WTI) quotes for delivery in January next year ($ 69.2 per barrel);. The collapse of oil quotes on the world stock exchanges and stock markets amid fears of investors that the...
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newsrnd.com

Oil price stability

Oil prices stabilized today as investors question the effectiveness of withdrawing from strategic reserves. Reuters reported that the global benchmark Brent crude contracts ended the trading session down six cents, or 0.07 percent, to settle at $82.25 a barrel. US benchmark West Texas Intermediate crude contracts closed 11 cents, or...
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investing.com

Oil Inventories Unexpectedly Rise by 2.3M Barrels Last Week: API

Investing.com - U.S. crude stockpiles unexpectedly rose last, according to data from the API on Tuesday. West Texas Intermediate, the benchmark traded at $78.62 barrel on the news, after settling up 2.5% at $78.67 a barrel. U.S. crude inventories increased by 2.3 million barrels for the week ended Nov. 16....
ENERGY INDUSTRY
primenewsghana.com

Fuel prices should have been GH¢7.21 per litre – OMCs reveal

The Association of Oil Marketing Companies (OMCs) says its members have been compelled to reduce their margins on the sale of all petroleum products in the wake of the surge in fuel prices. The Chief Executive Officer of the Association, Mr Kwaku Agyemang-Duah, told the Ghana News Agency in an...
TRAFFIC

Oil futures little changed after rise in crude inventories

Oil futures were little changed Wednesday, with the U.S. benchmark flipping between small gains and losses after government data showed U.S. crude inventories rose by around 1 million barrels in the week ended Nov. 19. West Texas Intermediate crude for January delivery was down 4 cents, or 0.1%, at $75.46 a barrel on the New York Mercantile Exchange.
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newsrnd.com

Oil price hike

Oil prices rose 3 percent to a one-week high today after America used emergency reserves. Reuters reported that the global benchmark Brent crude contracts ended the trading session up $2.61, or 3.3 percent, to settle at $82.31 a barrel. US West Texas Intermediate crude contracts rose $1.75, or 2.3 percent,...
TRAFFIC
timeturk.com

US stock market opens mixed in weak trading

Major indices in the US stock market opened mixed on Tuesday in a weak trading session before the Thanksgiving weekend. The blue-chip Dow was up 30 points, or 0.1%, to 35,650 at 9.43 a.m. EDT, while the S&P 500 added 4 points, or 0.1%, to 4,686. The tech-heavy Nasdaq, on...
STOCKS
al-khaleejtoday.net

Brent rises above $ 81 a barrel despite pumping from US...

Brent crude recorded a further rise at $81.10 a barrel, despite the decision of US President Joe Biden to withdraw 50 million barrels of strategic stocks of the United States of America. The global benchmark Brent crude contracts had ended previous trading, up 81 cents, or 1%, to record at...
ENERGY INDUSTRY
k105.com

AAA: Kentucky Gas Prices Decrease; Crude Prices Continue to Drop

Gas prices in West Central Kentucky are three cents lower this week at $3.032, according to AAA East Central’s Gas Price Report. This week’s average prices: Western Central KY Average $3.032. Average price during the week of November 15, 2021 $3.061. Average price during the week of November 23, 2020...
KENTUCKY STATE
adomonline.com

Fuel prices to hit ¢7 per litre by end of year – IES

Fuel prices are likely to hit GH¢7.0 per litre or more by the end of the year, the Institute for Energy Security (IES) has projected. Global demand for fuel is expected to increase in the winter and that could trigger a hike in prices globally in the wake of limited supply, Mr Fritz Moses, a Research Analyst at the IES, said in an interview on Monday.
TRAFFIC
newsrnd.com

Oil prices stabilize after the US announcement of the use of strategic stocks

Oil prices stabilized around $80 a barrel today after the United States announced plans to release 50 million barrels of its strategic reserves. Reuters reported that Brent crude futures fell 12 cents, or 0.15 percent, to $ 79.58 a barrel, while US West Texas Intermediate crude futures fell 50 cents, or 0.65 percent, to $ 76.25 a barrel.
ENERGY INDUSTRY
investorsobserver.com

Canada Stocks Take Two Days of Gains To Total Near 130 Pts

Canada's main stock market, the Toronto Stock Exchange, took its gains for the last two days to near 130 points in gaining 95 points on Wednesday, despite the fact that commodity prices mixed. This comes after the resources heavy Index yesterday ended a run of six successive losing days that saw it drop a total of 380 points from all time record highs.
STOCKS
dailyforex.com

WTI Crude Oil Forecast: Sitting on Support

The West Texas Intermediate Crude Oil market initially fell on Monday, but as you can see, we have turned around to show signs of life again. This suggests that we are going to go to the upside and try to pick things back up. After all, we have been in an uptrend for quite some time, so the idea of the market recovering and going positive again is not a huge surprise.
TRAFFIC
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