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Midday Update On Wti Crude - Latest News


Crude Oil Price Update – Trend Changes to Up on Trade Through $53.61

Gains are being capped by worries about rising U.S. production and OPEC’s cut in demand. At 1340 GMT, March WTI crude oil futures are trading $52.95, up $0.59 or +1.12%. The main trend is down accordi... read more

UPDATE 1-Record U.S. crude production weighs on oil prices

SYDNEY, Jan 17 (Reuters) - Oil prices dipped on Thursday as U.S. crude production quickly approached an unprecedented 12 million barrels per day (bpd) just as worries about weakening demand emerge. U. ... read more

Crude Oil Price Update – Strengthens Over $52.48, Weakens Under $52.14

On Wednesday, the U.S. Energy Information Administration said American crude oil production reached a record 11.9 million bpd in the week-ending January 11. At 07:49 GMT, March WTI crude oil was ... read more

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Oil prices push higher on hopes for U.S.-China trade progress

March Brent crude LCOH9, +0.80% rose 69 cents, or 1.1%, to $61.87 a barrel on ICE Futures Europe, after slipping 0.2% to $61.18 a barrel on Thursday. For the week as of Thursday, WTI and Brent crude . ... read more


RPT-UPDATE 1-CME plans to launch e-auction for U.S. crude oil exports

Buyers will place bids during the auction at prices based on West Texas Intermediate (WTI) Houston futures. “The electronic auction will provide a competitive and transparent venue for firms across th... read more

Mid-Day Market Update: Crude Oil Up 3%; Bio-Path Holdings Shares Plummet

Midway through trading Tuesday, the Dow traded up 0.39 percent to 24,003.02 while the NASDAQ climbed 1.26 percent to 6,993.02. The S&P also rose, gaining 0.76 percent to 2,602.30. JPMorgan Chase & Co. ... read more

Oil prices rise on OPEC output cuts, but surging US supply drags

updates prices) By Colin Packham and Henning Gloystein U.S. West Texas Intermediate (WTI) crude futures CLc1 wereat $52.57 per barrel at 0253 GMT, up 50 cents, or 1 percent,from their last settlement. ... read more

Crude Oil Price Update – Look for 2-3 Day Correction after Closing Price Reversal Top Confirmation

At 1353 GMT, March WTI crude oil is trading $51.20, down $0.71 or -1.37%. The main trend is down. Momentum also shifted back to down with the formation of the closing price reversal top on Friday ... read more

Mid-Day Market Update: Electronics for Imaging Drops On Lowered Guidance; Mercer International Shares Surge

The NAHB housing market index increased 2 points to a reading of 58 in January. Domestic crude supplies fell 2.7 million barrels for the week ended January 11, the Energy Information Administration re... read more

Crude Oil Price Update – Short-Term Pivot at $52.44 Controlling Direction

The market, however, is being underpinned by expectations of new stimulus from China’s government. At 1452 GMT, March WTI crude oil is trading $52.37, down $0.02 or -0.05%. The main trend is down acco... read more

UPDATE 3-Oil up 1 pct on OPEC cuts, hopes of easing Sino-U.S. trade tensions

U.S. West Texas Intermediate (WTI) crude futures were at $52.70 per barrel at 0605 GMT, up 63 cents, or 1.2 percent, from their last settlement. International Brent crude oil futures were up 66 ... read more

UPDATE 2-Oil prices slip as U.S. crude output nears 12 mln bpd

updates prices) SINGAPORE, Jan 17 (Reuters) - Oil prices fell on Thursday as U.S. crude production neared an unprecedented 12 million barrels per day (bpd) just as worries about weakening demand emerg... read more



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