WTI Light Crude Oil
WTI Light Crude Oil

The market is closed (03 dec 20:29 UTC +2)
Current price
Daily range 2.00
80.03 — 81.43

News WTI Light Crude Oil

Energy Events for 12/02/22 - 12/05/22

The focus is on the OPEC+ meeting and the entry into force of bans related to the import of Russian oil.

Yesterday at 12:59 PM
US seeks to stop selling oil reserves to replenish depleted reserves

The U.S. Congress has ordered the sale of a part of the Strategic Petroleum Reserve to replenish its emergency reserve. The Biden administration opposed it.

Yesterday at 11:01 AM
Oil stabilizes due to stronger dollar

Oil prices declined during early Asian trade on Friday as the U.S. dollar cut its losses slightly. In turn, easing of COVID-19 restrictions in two Chinese cities compensated for the strengthening of the dollar.

Yesterday at 7:44 AM
Exports of Saudi oil fall due to supply cuts in the U.S. and China

In November, exports of crude oil from Saudi Arabia dropped significantly due to a critical decrease in supply to the U.S. and China. According to Bloomberg, the total volume of oil supplies fell to about 7.1 million barrels per day.

Yesterday at 7:11 AM
U.S. Treasury chief backs $60 price cap on Russian oil

On Thursday, the European Union (EU) proposed a cap on Russian oil prices of $60. U.S. Treasury Undersecretary Wally Adeyemo supported the proposal.

Yesterday at 6:35 AM
Forecasts WTI Light Crude Oil
Reuters: Positive news from China will ease the pressure on oil
30 November 2022 102
Bloomberg: Bearish signal for the oil market
24 November 2022 107 1
Oil price increases due to supply reduction
27 September 2022 124

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