July Wti Oil Climbs 90 Cents, Or 1.8%, To Settle At $49.80/bbl

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BING NEWS:
  • Oil slips for sixth consecutive day on big builds in US oil, fuel stocks
    Oil prices extended losses slightly from the previous session in early Asian trading on Wednesday after an industry report showed builds in U.S. crude and fuel stockpiles, adding to concerns around ...
    06/4/2024 - 1:00 pm | View Link
  • Oil ends lower as OPEC+ output cut phaseout feeds prospects for a supply surplus
    Oil futures fell Tuesday, extending a slide that took crude to its lowest close in four months in the previous session triggered in part by OPEC+’s decision to begin unwinding some production cuts ...
    06/4/2024 - 8:25 am | View Link
  • Oil drops as OPEC+ boosts supply even though demand is shaky
    Oil prices eased in early trade on Tuesday, extending their losses from the previous session when prices fell to their lowest in four months, as investors worried about supply ticking up later in the ...
    06/4/2024 - 7:32 am | View Link
  • Oil drops more than $1 as OPEC+ decision spotlights shaky demand
    Oil prices fell more than $1 on Tuesday on scepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness.Extending losses ...
    06/4/2024 - 2:49 am | View Link
  • Crude oil prices today: WTI prices are up 4.74% YTD
    WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark ...
    06/3/2024 - 3:54 am | View Link
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