Search results
Results From The WOW.Com Content Network
Brent crude futures rose to $74.60 a barrel on Tuesday and US West Texas Intermediate crude was up at $71.66 a barrel. For the year, Brent declined 3.2%, while WTI was down 0.1%. For the year ...
The move in oil prices has also led to the energy sector outperforming the S&P 500 so far this year, with the S&P 500 Energy Select ETF touching another 52-week high on Tuesday amid a broader sell ...
News. Science & Tech
The next week, Brent reached $87.55, the highest since April, and WTI closed at $83.88, highest in 11 weeks. U.S. crude stocks were down, the dollar was weak and high U.S. demand was forecast. [63] The next week Brent was down nearly 2 percent to $85.03 after going up for four weeks. WTI fell more than 1 percent to $82.21.
2004 U.S. government predictions for oil production other than in OPEC and the former Soviet Union. The July 2007 IEA Medium-Term Oil Market Report projected a 2% non-OPEC liquids supply growth in 2007-2009, reaching 51.0 kbbl/d (8,110 m 3 /d) in 2008, receding thereafter as the slate of verifiable investment projects diminishes. They refer to ...
Tom Kloza, global head of energy analysis with the Oil Price Information Service, believes oil prices are approaching a top, with U.S. crude oil at $74.38 and Brent crude, the international ...
The gains were the most in a week since March. [131] The next week oil fell due to low demand in China because of COVID, a strong dollar and U.S. recession worries. Brent fell more than 6 percent to $91.63 and WTI lost nearly 8 percent to finish at $85.61. [132] Brent jumped 2 percent to $93.50 the next week but WTI fell slightly to $85.05.
Oil prices tumbled more than 4% on Tuesday as supply fears faded after a Washington Post report signaled Israel would avoid targeting Iran’s petroleum production.