NYSE: WTI

Brent Oil Corrects on Positive US China Trade Talks (NYSE: WTI)

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Oil prices returned to decline on Monday, retreating from local highs after a moderate upward rally last week. Investors are optimistic about progress in US-Chinese trade negotiations, but negative macroeconomic statistics and disappointing forecasts of energy demand have a restraining effect. Some support for oil …

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Oil Held Up Riots in Iraq and Ecuador – WTI Chart

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Today, prices are correcting down. Quotes are pressured by adding another 28 companies and state structures of the PRC to the American “blacklist” of enterprises that are prohibited from cooperating with US companies. This move by the US administration casts doubt on the results of …

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Oil Edges Up While Cryptocurrencies Lower In Market Trading (WTI)

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Yesterday, WTI crude oil strengthened slightly amid a forced reduction in production in Saudi Arabia.  At the beginning of the week, quotes rose significantly due to an attack on Saudi oil facilities. On Tuesday, the kingdom announced that production would be restored within a few …

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