West Texas Intermediary (WTI) is seeing some back-and-forth on Tuesday, but remains constrained near the $85.00/bbl price point as energies markets we
Crude Oil prices are seeing some froth on Tuesday as energies get pulled in multiple directions. WTI barrel bids bounce between $86 and $84.50. Crude supply constraints may not be as bad as originally thought, but geopolitical stress continues to weigh. igh inconsistent outcomes for crude oil markets. The Israel-Hamas conflict escalation continues to stress out Crude Oil traders, but lack of immediate negative impact is keeping prices capped off.
Hopes for a US-Venezuela crude oil exporting deal remain high with the US reaching a preliminary deal to allow the South American country to return to global oil exporting markets in exchange for a monitored presidential election next year in Venezuela. A return for Venezuelan crude exports would be a surge for oil markets that already sees crude reserves rebounding firmer and faster than expected as global demand struggles to eat up enough of the already-constrained supply.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
WTI loses ground below $85.00, expects US-Venezuela Oil deal amid Middle East conflictThe Western Texas Intermediate (WTI) oil price experiences a consecutive decline on the second day, trading lower around $85.10 per barrel during the
Weiterlesen »
WTI Price Analysis: Trades sideways around $85.00West Texas Intermediate (WTI), futures on NYMEX, consolidate in a tight range of $85-86 as investors keenly watch for US President Joe Biden’s visit t
Weiterlesen »
Micron Stock Can Rise 22% as Chip Prices Surge, Says AnalystCiti Research analyst Christopher Danely sees shares of memory-chip maker Micron reaching $85.
Weiterlesen »
Crude Oil Price Forecast: Stars Remain Aligned for Further Strength, Key WTI LevelsThis article delves into the prevailing market triggers influencing oil prices and evaluates essential technical thresholds that traders should monitor in the upcoming sessions.
Weiterlesen »
Commodities Week Ahead: Oil in Wary Trading, Eyes Iran Role in Mideast WarCommodities Analysis by Investing.com (Barani Krishnan) covering: Brent Oil Futures, Crude Oil WTI Futures, ProShares UltraShort Bloomberg Crude Oil, ProShares Ultra Bloomberg Crude Oil. Read Investing.com (Barani Krishnan)'s latest article on Investing.
Weiterlesen »
WTI hovers near $86.00 as traders seek more cues on Middle-East conflictWestern Texas Intermediate (WTI) oil price pulls back from the recent gains, trading lower around $86.00 per barrel during the European session on Mon
Weiterlesen »