Three years to the day, U.S. benchmark West Texas Intermediate crude futures settled at a negative price for the first time on record. The oil market is...
Three years to the day, U.S. benchmark West Texas Intermediate crude futures settled at a negative price for the first time on record. The oil market is again struggling with signs of a slowdown in the global economy that could lead to a drop in energy demand.
Oil changes “A lot has changed in the last three years on the supply, demand and refinery side of oil,” said Vikas Dwivedi, global oil and gas strategist at Macquarie Group. — Vikas Dwivedi, Macquarie Group After a post COVID-19 rebound, oil markets are again dealing with the potential for an economic slowdown that could hurt demand for oil.
Just over a week ago, on April 12, WTI settled at $83.26, the highest front-month contract finish since November 2022.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Fredericksburg Fire Department captain dies in crash in West Texas; city honors him with processionA captain with the Fredericksburg Fire Department and EMS died in a car crash in West Texas last week, according to media reports.
Lire la suite »
Sen. Royce West of Dallas Retracts Support for Texas Anti-Drag BillSen. Royce West, a Dallas Democrat, now says misinformation led him to support Senate Bill 12, which would ban drag performances in front of minors.
Lire la suite »
China and India are laundering Russian oil and reselling it to the WestChina and India 'launder' Russian oil and resell it to Western nations that sanctioned Moscow, study says
Lire la suite »
Oil prices at three-week low as strong dollar, rate hikes weighOil prices fell to their lowest in about three weeks on Thursday, depressed by a firmer dollar and rate hike expectations which outweighed lower U.S. crude stocks.
Lire la suite »
Crude Oil Forecast: Continues to Look Toward Gap BelowWTI Crude Oil (US Oil) and Brent, two major oil benchmarks, have experienced limited activity recently with WTI facing a downturn.
Lire la suite »
Rangers’ Leody Taveras is finding his swing. How close is he to locking down CF job?Texas Rangers centerfielder Leody Taveras put up three hits in the finale of a three-game sweep of the Kansas City Royals.
Lire la suite »