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CLmain Crude Oil Futures(JAN4)
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69.75
+0.37+0.53%
10min DelayTrading 12/06 22:11 ET
69.83High69.28Low18.78KVolume
69.28Open69.38Pre Close300.11KOI-1.13KOI Change1000Multiplier69.38Prev Settle--LTD--Remaining
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News
Oil Holds Five-Day Slide as Global Outlook Darkens Despite OPEC+
Oil held a five-day run of losses that drove prices to the lowest level since June on signs that global supplies are eclipsing demand despite plans by OPEC+ to rein in its production into 2024.
Oversupply is expected to ferment! WTI crude oil fell below the $70 mark and hit its lowest price since June
The price of WTI crude oil futures, the benchmark for North American crude oil prices, fell more than 4% on Wednesday, falling below the $70 mark per barrel, closing at the lowest level since the end of June. At the same time, US gasoline retail prices hit their lowest point since January before the Christmas holiday shopping season and tourist season.
Express News | US Crude Oil Futures Closed Below $70, Lowest Since June
Comments
Saudis Annual Average production, million barrels per day
2017: 9.9 mbpd
2018: 10.3
2019: 9.7
2020: 9.2
2021: 9.1
2022: 10.5
2023: 9.7 (YTD)
Currently Saudi producing 8.9 million barrels: per day!
Welcome to join our energy sector investment group! I'm efficentupup, a passionate investor in the energy sector. Let's discuss market trends together, share investment insights. Click the link and join us on the road to investment! $Crude Oil Futures(JAN4)(CLmain.US$ $Imperial Petroleum(IMPP.US$ ...
2018: 10.3
2019: 9.7
2020: 9.2
2021: 9.1
2022: 10.5
2023: 9.7 (YTD)
Currently Saudi producing 8.9 million barrels: per day!
Welcome to join our energy sector investment group! I'm efficentupup, a passionate investor in the energy sector. Let's discuss market trends together, share investment insights. Click the link and join us on the road to investment! $Crude Oil Futures(JAN4)(CLmain.US$ $Imperial Petroleum(IMPP.US$ ...
1
Oil prices stable on Wednesday after four-day losing streak
Oil prices were steady on Wednesday, as investors weighed the effectiveness of an extension in OPEC+ cuts in tightening supply against a worsening demand outlook in China.
Brent crude futures fell 5 cents, or 0.06%, to $77.15 a barrel by 0900 GMT. U.S. WTI crude futures fell by 16 cents, or 0.22%, to $72.16 a barrel.
The Organization of the Petroleum Exporting Countries and allies such as Russia (OPEC+) agreed on voluntary output cuts of...
Brent crude futures fell 5 cents, or 0.06%, to $77.15 a barrel by 0900 GMT. U.S. WTI crude futures fell by 16 cents, or 0.22%, to $72.16 a barrel.
The Organization of the Petroleum Exporting Countries and allies such as Russia (OPEC+) agreed on voluntary output cuts of...
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$Rex Intl(5WH.SG$$RH PetroGas(T13.SG$$Dyna-Mac(NO4.SG$$Crude Oil Futures(JAN4)(CLmain.US$
Oil prices settled lower Tue, as a stronger dollar and fears about supply outstripping demand remain front and centre, offsetting a potential supply risk from ongoing tensions in the Middle East.
The Brent contract settled 1.1% lower at USD77.20,while WTI crude futures felled 1% to USD72.32.
Fears of a potential escalation in the Israel-Hamas conflict came back into play after the U.S. held Iran respons...
Oil prices settled lower Tue, as a stronger dollar and fears about supply outstripping demand remain front and centre, offsetting a potential supply risk from ongoing tensions in the Middle East.
The Brent contract settled 1.1% lower at USD77.20,while WTI crude futures felled 1% to USD72.32.
Fears of a potential escalation in the Israel-Hamas conflict came back into play after the U.S. held Iran respons...
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