West Texas Intermediate (WTI) Oil price holds modest gains after three consecutive days of losses, trading around $71.10 per barrel during European trading hours on Thursday.
The shut in of US shale oil and other reserves has kept 28 million barrels of oil out of circulation so far this year. That reduction of supply is pushing prices up high. The expectation is that as the world resumes its economic post pandemic activities, the WTI price of oil will surpass...
WTI Crude Oil Spot Price is the price for immediate delivery of West Texas Intermediate grade oil, also known as Texas light sweet. It, along with Brent Spot Price, is one of the major benchmarks used in pricing oil. WTI in particular is useful for pricing any oil produce in the Americ...
WTI Crude Oil Spot Price is at a current level of 68.63, down from 69.97 the previous market day and down from 80.90 one year ago. This is a change of -1.92% from the previous market day and -15.17% from one year ago. WTI Crude Oil Spot Price is the price for immediate delivery ...
In its short-term energy outlook for May, the EIA lowered its forecast for the average price of Brent crude oil in 2023 by US$6.36/barrel to US$78.65/barrel, much lower than its forecast of US$85/barrel in April. Similarly...
Despite expectations that crude prices will rise next year, the EIA still reduced its full-year price forecasts compared with last month's outlook. EIA dropped its WTI crude forecast for 2023 to $79.41/b, down 18 cents from last month's estimate for the year. The agency also reduced its ...
Europe Brent and WTI (Western Texas Intermediate) Spot Prices (Annual/ Monthly/ Weekly/ Daily) from EIA U.S. (Energy Information Administration). Data This series is available through the EIA open data API Europe Brent Spot Price FOB (Dollars per Barrel)- From 20 May 1987 till today ...
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The price of West Texas Intermediate (WTI) for November delivery settled 1.6 percent higher at 76.41 U.S. dollars, while Brent for December delivery price settled 1.8 percent higher at 86.29 dollars. According to the Weekly Petroleum Status Report by EIA, U.S. commercial crude oil inventories,...
In a monthly report, EIA lowered its crude oil output prediction for 2018 and 2019. It also raised its price forecasts for WTI and Brent. In the same report, it also mentioned that Iranian crude oil production in August went down by 200,000 barrels per day from July. ...