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Vor 10 Stunden · Crude stocks at the Cushing, Oklahoma delivery hub also rose by 1.3 million barrels. Technically, the market is experiencing short covering, as evidenced by a 15.83% drop in open interest to settle at 7,191, while prices increased by 74 rupees. Crude oil is currently supported at 6,384, with a potential test of 6,297 if this level is breached ...
Vor 3 Stunden · NEW DELHI (Reuters) -Oil prices steadied in Asian trading on Monday as markets awaited an OPEC+ meeting on June 2 where producers are expected to discuss maintaining voluntary output cuts for the rest of the year. U.S. West Texas Intermediate (WTI) crude futures rose 28 cents to $78 per barrel. Brent ended last week about 2% lower and WTI lost nearly 3% after Federal Reserve minutes showed ...
Vor 10 Stunden · Additionally, EIA data showed an unexpected increase in U.S. crude inventories, with supplies at Cushing, Oklahoma, hitting their highest levels since July. However, a positive note regarding US gasoline demand, which reached its highest levels since November, provided some support to oil prices ahead of the US summer driving season. The upcoming OPEC+ meeting on June 2, rescheduled from June ...
Vor 5 Stunden · The Brent crude July contract was up 18 cents to $82.30 a barrel as of 0409 GMT. The more-active August contract rose 25 cents to $82.09. The more-active August contract rose 25 cents to $82.09.
Vor einer Stunde · By Irina Slav - May 27, 2024, 3:58 AM CDT. India’s crude oil demand has been growing this year despite consistently higher prices, suggesting that it is more resilient to price rises than some ...
Vor einer Stunde · India’s crude oil demand has been growing this year despite consistently higher prices, suggesting that it is more resilient to price rises than some expected. This is according to a Petroleum Economist report , citing data that showed an increase and analyst projections that suggest demand in the world’s second-biggest importer of oil is set for growth throughout the year.
Vor 10 Stunden · DALLAS (dpa-AFX) - Die Zahl der Toten bei heftigen Stürmen und Tornados in mehreren US-Bundesstaaten ist Berichten zufolge auf mindestens 18 gestiegen.
