A decrease of the indicator value may contribute to the fall in quotes of WTI, Brent.
WTI Light Crude Oil
West Texas Intermediate
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News WTI Light Crude Oil
A decrease of the indicator value may contribute to the rise in quotes of WTI, Brent.
A decrease of the indicator value may contribute to the rise in quotes of NG, WTI, Brent.
According to Reuters, Saudi Arabia will supply China with about 48 million barrels of oil in May. By comparison, April’s volume is just above 35 million. The projected amount is the highest since 2024, and it also represents the first rise this year, the agency reports.
Oil is falling for the second week in a row amid escalating trade tensions between the US and China. On Friday, prices continued their bearish trend as market players feared that the ongoing dispute between the world's two largest economies could lead to reduced fuel consumption.
Event announcement WTI Light Crude Oil
The CNY publication is expected
Trade Balance (USD)
170.52B
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