#wti crude

[johnypage95]

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[ellipsysfinancial]

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[jameswilly98]

Crude oil:-

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[uniqueeval]

WTI rebounds 2%, closes above $67 per barrel

U.S. crude oil rebounded more than 2% on Wednesday, regaining some ground after prices closed at the lowest level in nearly three years in the previous session. “Crude Oil has rallied back aggressively,” Bob Yawger, executive director of energy futures at Mizuho Securities, told clients in a note. Yawger said the rally could be due to “Hurricane Francine churning up the US oil patch in the Gulf…

[trader-sg112]

Oil Prices Inch Up Despite Mixed Signals

Oil prices edged slightly higher on Friday. Contracts for Brent crude oil expiring in August climbed 0.4%, reaching $86.73 per barrel. Similarly, West Texas Intermediate (WTI) crude futures, a key benchmark for North American oil, rose 0.4% to $82.09 per barrel.

This modest increase comes amidst conflicting forces in the oil market. While concerns about potential supply disruptions from the Middle East and ongoing geopolitical tensions provided some upward pressure, a strong U.S. dollar acted as a counterweight. A stronger dollar can make oil, priced in dollars, less attractive to buyers using other currencies.

The focus for investors has now shifted to upcoming U.S. inflation data, which could influence future decisions by the Federal Reserve on interest rates. Higher interest rates can strengthen the dollar and potentially dampen demand for oil.

[marketinvestopedia]

How Oil Trading Works

Oil trading is a complex and critical component of the global economy, involving the buying and selling of crude oil and its derivatives.

Key Players in Oil Trading

Producers

Oil producers include countries and companies that extract crude oil from the ground. Major oil-producing countries, such as Saudi Arabia, Russia, and the United States, along with multinational corporations like ExxonMobil, Chevron, and BP, are significant players in the oil market.

Consumers

The primary consumers of crude oil are industrial sectors, transportation, and households. Countries with large industrial bases and high transportation needs, such as the United States, China, and India, are major consumers.

Traders

Traders act as intermediaries between producers and consumers. They include investment banks, hedge funds, and independent trading firms. Traders buy and sell oil to profit from price fluctuations.

Regulators

Various regulatory bodies oversee oil trading to ensure market stability and prevent manipulation. Notable examples include the Commodity Futures Trading Commission (CFTC) in the United States and the Financial Conduct Authority (FCA) in the United Kingdom.

Markets for Oil Trading

Oil trading occurs in two primary markets: spot markets and futures markets.

Spot Markets

In spot markets, oil is bought and sold for immediate delivery. Prices in the spot market reflect the current supply and demand conditions. Spot trading is often used by refineries and companies needing immediate oil supply.

Understand everything about oil trading (WTIUSD), click the link below:

[devhubspot]

Flutter Firebase Realtime Database CRUD Operation | Devhubspot

[tradermade]

Oil prices are volatile! Explore: https://markets.tradermade.com/commodity/oil-prices-volatile-on-geopolitical-jitters-and-china-optimism. Iran's leader's death fuels uncertainty, but strong China data suggests higher demand.

[gazetteweekly]

“Oil Prices Slip on Increased Russian Supply and Jet Fuel Caution”

Oil prices faced a dip on Tuesday, driven by various factors including the anticipation of heightened supply from Russia and cautious trading ahead of the Federal Reserve’s decision on U.S. interest rates.

The Brent crude oil futures contract for May delivery edged down by 15 cents to $86.74 a barrel, while U.S. West Texas Intermediate (WTI) prices saw a decline of 14 cents to $82.02. Additionally, the WTI April contract, set to expire tomorrow, also fell by 15 cents to $82.57.

The previous session witnessed both benchmarks reaching four-month highs, propelled by lower crude exports from major producers like Saudi Arabia and Iraq, coupled with signs of robust demand and economic growth in China and the U.S.

However, concerns over Russian supply persisted, attributed to increased exports following Ukrainian attacks on the country’s oil infrastructure. Analysts from JP Morgan noted potential reductions in Russian crude runs due to these attacks, which could lead to higher crude oil exports as a result.

Russia’s decision to boost oil exports through its western ports in March further added pressure on prices. Daily shipments are expected to increase by 10% compared to the initial plan for March.

Uncertainty loomed over U.S. interest rates, with the Federal Reserve meeting scheduled for March 20. This uncertainty contributed to cautious trading, with analysts awaiting signals on rate cuts from the meeting.

Meanwhile, analysts expressed some caution regarding demand growth in the jet fuel sector ahead of the summer travel season. While global jet fuel prices are anticipated to rise, a potential global economic slowdown could temper consumption and limit price upside.

Overall, the oil market remains influenced by a delicate balance of supply dynamics, geopolitical tensions, and economic factors, highlighting the volatility inherent in the energy sector.

[apieinvestavimapaprastai]

Market Volatility and Economic Concerns Shake Investor Confidence

Economic. The Dow Jones Industrial Average faced a turbulent Tuesday, closing 158 points lower after a rollercoaster ride that saw it tumble #economics #dowjones #sp500 #nasdaq #jpm #BoA #copper #elililly #LLY #dukeenergy #DUK

The Dow Jones Industrial Average faced a turbulent Tuesday, closing 158 points lower after a rollercoaster ride that saw it tumble over 400 points during the trading session. Its fellow indices, the S&P 500 and the Nasdaq, weren’t spared either, experiencing dips of 0.4% and 0.8% respectively. The primary driver behind this market unrest was the unsettling news of credit rating downgrades and…

[budrigannews]

Commodities Analysis and Opinion-Budrigannews

Commodities Analysis and Opinion-Budrigannews

This section provides information from personal market experts to global hedge funds and banks. Recommendations and analysis are published daily, both fundamental and technical analysis.

You will find charts, reasons for the fall or growth of the market, it is ideal for beginners of the stock market who are just learning trading.

Market experts indicate support levels, entry points and exits from the commodity market on the charts.

You will find real-time quotes for more than 40 products, including gold, coffee, wheat, beans and others.

[ankitjainofficial]

WTI Crude Oil Price & Natural Gas Price Live Today | OPEC MEETING TRADE -Analysis & Trading Strategy

This channel is to share with you all Trading related updates with technical analysis on Nifty, BankNifty, Dow Jones, Nasdaq, Nikkei, Dax, Hangseng, Gold, Silver and Oil.

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[reportwire]

IEA raises oil demand view on gas-to-oil switching

IEA raises oil demand view on gas-to-oil switching

A better-than-expected response to Europe’s energy crisis and surprising economic resilience among major Asian economies are boosting demand for oil as a heat source, the International Energy Agency said Wednesday as it lifted its forecast for global crude demand. The Paris-based energy watchdog raised its oil CL.1, +0.93%   BRN00, +0.83% demand growth forecasts for 2022 by 140,000 barrels a day…

[amniforn]

Oil markets are bearish but the decline is limited

Oil markets are bearish but the decline is limited

WTI and Brent crude oil prices fell for a third straight session on Tuesday, with the US benchmark now at its lowest level in a year. First-month Nymex crude for January delivery closed the day -3.5% at $74.25/bbl, its lowest level in nearly a year, while February Brent crude ended at – 4% to $79.35/bbl, its weakest close since Jan. 3. It is now clear that the market selloff and concerns about…

[entertainmentusanewstoday]

Hong Kong stocks rise 2% after report on easing mask rule; other Asia markets fall

Hong Kong stocks rise 2% after report on easing mask rule; other Asia markets fall

Fitch expects home prices in Australia and China to decline in 2023 Fitch Ratings expects home prices in Australia to see a significant drop of between 7% to 10% next year, it said in its latest outlook report. The agency also predicts that China’s home prices will fall by 1% to 3% next year. “We expect prices to decline further in 2023 before bottoming out but mortgage performance to only…

[usaitbari]

Jim Cramer's Investing Club meeting Monday: Trimming oil, Starbucks, Eli Lilly

Jim Cramer’s Investing Club meeting Monday: Trimming oil, Starbucks, Eli Lilly

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Trimming HAL SBUX downgrade LLY opportunity? 1. Trimming HAL We are trimming 300 shares of Halliburton (HAL), at roughly $38.45 apiece, after the stock climbed more than 50% over the past 3 months. The energy sector has been broadly bolstered by…