Search Results for: U.S. West Texas Intermediate
U.S. Oil Prices Dipped On Increased Drilling
November 27th, 2017
U.S. oil prices dipped on Monday, easing from two-year highs on the prospect of increased U.S. output, although global markets were slightly better supported by expectations an OPEC-led supply cut would be extended. U.S. West Texas Intermediate (WTI) crude ...
Oil prices rises on tighter U.S. market, strong China imports
October 13th, 2017
Oil prices rose on Friday as both U.S. crude production and inventories declined, pointing towards a tightening market. Strong Chinese oil import data also supported crude prices, traders said. With the Organization of the Petroleum Exporting Countries (OPEC) leading ...
U.S. oil prices dips below $50
October 4th, 2017
Oil prices eased on Wednesday, with U.S. crude dipping below $50 per barrel, pulled down by caution that a rally that lasted for most of the third quarter would not extend through the last three months of the year. ...
U.S. Stocks at Records, dollar fell, euro climbed
September 20th, 2017
Major U.S equity benchmarks padded all-time highs, the dollar fell and Treasuries edged lower after Donald Trump gave a speech to the United Nations and as the Federal Reserve began a two-day meeting. The S&P 500 Index climbed for ...
Oil prices dip as traders assess U.S. hurricane impact
September 12th, 2017
Oil prices edged down in early Asian trading on Tuesday, as traders weighed up the dampening effect on demand of Hurricane Irma versus refinery restarts in the wake of Hurricane Harvey that should lead to more crude oil processing. ...
Oil prices rise on sharp drop in U.S. production as hurricanes bite
September 8th, 2017
Oil prices rose on Friday as U.S. crude production was hit harder by Hurricane Harvey than expected, with the even bigger storm Irma heading for Florida and threatening to cause more disruption to the petroleum industry. U.S. West Texas ...
U.S. oil prices rose on Tuesday
September 5th, 2017
U.S. oil prices rose on Tuesday as the gradual restart of refineries in the Gulf of Mexico that were shut by Hurricane Harvey raised demand for crude, their main feedstock. The return of many U.S. refineries also ended a ...
U.S. crude futures fell in Asian trading on Friday
September 1st, 2017
U.S. crude futures fell in Asian trading on Friday, partly reversing sharp gains from the previous session, amid ongoing turmoil in the oil industry with nearly a quarter of U.S. refining capacity offline. U.S. West Texas Intermediate (WTI) Clc1 ...
U.S. stock futures and Asian share markets tumbled; Yen jumped
August 29th, 2017
U.S. stock futures and Asian share markets tumbled on Tuesday, while the yen jumped to four-month highs against the dollar after North Korea fired a missile over northern Japan, fuelling worries of fresh tension between Washington and Pyongyang. S&P ...
Oil markets roiled as Hurricane Harvey hits U.S. petroleum industry
August 28th, 2017
Oil markets were roiled on Monday after Hurricane Harvey wreaked havoc along the U.S. Gulf coast over the weekend, knocking out numerous refineries and some crude production. Gasoline prices hit two-year highs as massive floods caused by the storm ...
