Ongoing Middle East geopolitical tensions, prospects of further Fed rate cuts this year could support the WTI price.
WTI futures traded around $70.30 per barrel, as of 9 a.m. ET. That’s an increase of 0.90% in the last 24 hours.
The West Texas Intermediate for October delivery went up 1.04 U.S. dollars, or 1.47 percent, to settle at 71.95 dollars a barrel on the New York Mercantile Exchange. Brent crude for November delivery ...
Texas’s statewide gas price average is $2.78 per gallon for regular unleaded fuel. AAA Texas said the national average price ...
The buying interest remains unabated through the first half of the European session and lifts the commodity to over a two-week high, closer to the $71.00 mark. The Federal Reserve's (Fed) decision to ...
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
U.S. and international crude oil futures skidded to their lowest levels in more than a year after the influential oil ...
Oil prices rose on Friday due to output disruptions in the U.S. Gulf of Mexico caused by Hurricane Francine. Brent crude ...
The crude oil markets are in the midst of trying to find enough support, as the market will continue to see these low levels ...
The crude oil market continues to bounce a bit on each successive drop, as the demand for oil seems to be a factor, but the ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
The NYMEX October ULSD contract was trading close to its highest levels in about a week, up roughly 4cts to $2.1365/gal. The November ULSD contract was about 3.75cts higher at $2.1482/gal, tightening ...