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Tag: West Texas Intermediate


Energy, Industries

Oil prices on track for weekly losses

October 23, 2020

Via: Market Watch

Oil futures gained ground Friday but remained on track for weekly losses, dogged by supply concerns as output from Libya rises, along with worries about crude demand as the number of new COVID-19 cases continued to accelerate globally. West Texas […]


Energy, Industries

Oil prices try to gain traction higher ahead of storage data

September 23, 2020

Via: Market Watch

Oil futures attempted to gain ground Wednesday, with crude trying to find some support after data from an industry trade group showed a fall in fuel inventories. The moves for crude comes as Wall Street looks to extend a bounce, […]


Energy, Industries

Oil pulls back, but on track for big weekly gains

September 18, 2020

Via: Market Watch

Oil futures pulled back Friday, but remained on track for big weekly gains after jumping in the previous session as Saudi Arabia’s energy minister took a stern tone on compliance with OPEC+ production curbs and dared speculators to short crude. […]


Energy, Industries

Oil prices head for second weekly fall on demand worries

September 11, 2020

Via: Market Watch

Oil futures were mixed Friday, and remained on track for a second consecutive weekly loss as worries over the outlook for demand continued to weigh. West Texas Intermediate crude for October delivery CL.1, -0.51% CLV20, -0.51% rose 11 cents, or […]


Energy, Industries

U.S. oil prices look to extend gains as investors watch June contract expiration

May 19, 2020

Via: Market Watch

U.S. oil prices were slightly higher early, as a contract expiration, which roiled markets last month, comes back into focus, but this time amid a market that appears to be demonstrating signs of better supply-demand alignment. The June Nymex contract […]


Energy, Industries

Oil lower but set to log big weekly gain

August 30, 2019

Via: Market Watch

Oil futures fell Friday, but the U.S. benchmark remains on track for a more-than-3% weekly rise after a large fall in U.S. inventories and some cautious optimism on trade. West Texas Intermediate crude for the October delivery CLV19, -1.32% fell […]