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Oil, Fed and Brent Crude
Crude oil prices today: WTI is trading at $70.98
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors related to U.S. and international supply and demand conditions. For example, the Brent/WTI spread hit nearly $14/bbl in April 2011 when protests sparked market fears of significant oil supply disruptions in the Middle East.
Oil dips but poised to end week higher on Fed rate cuts, lower US crude stocks
Oil prices ticked lower on Friday but remained on track for a second consecutive week of gains, drawing support from a large cut in U.S. interest rates and declining U.S. stockpiles, Brent futures were down 34 cents,
Crude prices rise above $70, supported by Fed rate cut and lower US oil supplies
Crude prices surged past $70 this week, driven by a Federal Reserve rate cut and a decrease in US oil supplies.
18h
on MSN
Sanctioned tankers are back to transporting Russian oil in a blow to the West's efforts to restrict crude flows
The number of sanctioned ships carrying Russian oil grew sixfold last month compared to levels in April, Bloomberg ship data ...
2d
Motor Oil Says Key Crude Unit Was Shut Down in Fire on Tuesday
The fire at Greece’s Agioi Theodoroi oil refinery earlier this week occurred in one of two key crude processing units at the ...
3d
US crude inventories hits lowest level in a year, fuel builds, EIA says
U.S. crude oil stockpiles fell while gasoline and distillate inventories rose last week, the Energy Information ...
2h
Crude Check: Exhibits bullish signs
Crude oil prices rose last week, with Brent crude futures gaining 4.3% to close at $74.7 per barrel, while MCX crude oil ...
Crude Oil Prices
1d
Crude Oil Futures Surge as Bullish Sentiment Builds
A combination of bullish news including inventory drawdowns, supply outages and a large Fed interest rate cut sent oil prices ...
Seeking Alpha
1d
Crude Oil Prices Defy Market Fundamentals
Crude
oil prices have crashed despite rapidly dwindling inventories, signaling potential economic weakness ahead. Analysts ...
3d
The Crude System of Coded Messages Keeping Hamas’s Leader Alive
Yahya Sinwar’s use low-tech communications has vexed Israel’s efforts to kill him.
Dagens News (US) on MSN
1d
Russia’s Shadow Fleet Resurfaces to Defy Western Oil Sanctions
Russia has once again found a way to sidestep Western sanctions aimed at limiting its oil exports. Moscow’s notorious "shadow ...
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Oil prices
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