Latest News for: Crude trade

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Oil Price Fundamental Daily Forecast – Reversing to Upside as Focus Shifts to API Crude, ...

FX Empire 11 May 2021
West Texas Intermediate and Brent crude oil futures are trading higher on Tuesday as traders shrugged off worries about the Colonial Pipeline shutdown while increasing bets it would open sooner than expected ... At 17.52 GMT, June WTI crude oil is trading $65.41, up $0.49 or +0.75% and July Brent crude oil is at $68.73, up $0.41 or +0.60%.
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Commodity strategies: Gold, silver, crude, base metals

The Times of India 11 May 2021
Crude oil prices traded weak with benchmark NYMEX WTI crude oil prices were trading 0.80 per cent down to $64.40 per barrel in the morning trade. Crude oil prices traded under pressure on Tuesday as traders and investors weighed on demand concerns after Colonial Pipeline Co unveiled a timeline to restore supply.
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Crude Oil Price Forecast – Crude Oil Markets Continue to Dance in Triangle

FX Empire 11 May 2021
WTI Crude Oil. The West Texas Intermediate Crude Oil market has fallen a bit during the course of the trading session on Tuesday to show signs of exhaustion before turning around and forming a bit of a hammer. This shows just how resilient the crude oil market is, so it is likely that we will continue to see buyers on dips ... Crude Oil Video 12.05.21.
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Crude Oil Price Update – Weakens Under $64.84, Strengthens Over $65.33

FX Empire 11 May 2021
West Texas Intermediate crude oil futures are trading lower early Tuesday as the prospect of the main U.S ... Gulf Coast refiners to cut output, denting their appetite for crude. At 05.15 GMT, June WTI crude oil is trading $64.33, down $0.59 or -0.91% ... Know where WTI Crude Oil is headed? Take advantage now with. Start Trading.
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Crude oil futures gain on firm spot demand

The Times of India 11 May 2021
... to USD 65.21 per barrel, while Brent crude traded 0.48 per cent higher at USD 68.61 per barrel in New York.
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Rand breaks through R14/$ threshold

Independent online (SA) 11 May 2021
JOHANNESBURG - The rand was little changed on Monday although the day’s trading saw the local currency briefly drop below the R14/$ threshold ... Brent crude oil ... At the close of local trade, benchmark Brent crude futures quoted 1.06 percent lower, at $67.98pb. Crude prices struggled to gain during Asian trade this morning.
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Market Says ‘Meh’ To US Oil And Refined Product Levels

Jacksonville Free Press 11 May 2021
Energy Information Administration, part of the Energy Department, reports regularly on commercial inventories of crude oil and refined petroleum products such as gasoline and diesel ... Brent crude oil, the global benchmark for the price of oil, trending lower for most of the session, trading relatively flat at around $69 per barrel.
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API data reportedly show a weekly fall in U.S. crude supply and climb in gasoline stocks

Market Watch 11 May 2021
crude supplies ... June West Texas Intermediate crude CLM21, +0.60% was at $65.32 barrel in electronic trading, compared with Tuesday’s settlement at $65.28 on the New York Mercantile Exchange.
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World shares skid after tech sell-off on Wall Street

Rapid City Journal 11 May 2021
The blue chip index, which hit an all-time high on Friday for the third straight day, traded higher for much of Monday, but dipped into the red in the last half-hour of trading ... In other trading, U.S. benchmark crude oil lost 43 cents to $64.49 per barrel in electronic trading on the New York Mercantile Exchange.
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Commodities market as of May 11

Ghana Web 11 May 2021
On the commodities market, as of today, May 11, 2021, the price of crude oil is trading at sixty-four dollars, zero point one cent ($64.01) as compared to yesterday’s trading of sixty-five dollars, ...
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Fuel rates at record high; petrol costlier by r₹r1.40/litre in a week

Hindustan Times 11 May 2021
Public sector oil companies raised petrol by 27 paise per litre and diesel by 30 paise a litre on Tuesday even as their average cost of crude oil import fell to ₹4,934.27 a barrel from ₹5,055.82 a barrel about a week ago ... Benchmark Brent crude also dropped by 1.2% at $67.50 per barrel during the intraday trade on Tuesday.
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Product tanker demo on course to crack 11-year record

Splash24/7 11 May 2021
So far this year, 10 crude oil and 38 oil product tankers have left the active trading fleet and the development in crude oil tanker demolition and that of oil product tankers continues to head in different directions. Crude oil cargo carrying capacity of just 1.45m dwt has left ...
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Customs glitches stall edible oils import

Business Line 11 May 2021
Authorities at these ports admitted that some quantities of crude palm oil, refined palm oil and soya oil are under process for clearance. Trade sources said that government’s initiative of faceless customs clearance has glitches leading to the delayed clearances of the goods at ports.Dried pipeline.
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Petrol and diesel prices scale new highs in Delhi

Live Mint 11 May 2021
After rallying on Monday against the backdrop of a cyberattack on US fuel pipeline network Colonial Pipeline, the benchmark Brent crude was trading at $67.70 per barrel on Tuesday, and the West Texas Intermediate was at $64.27 a barrel at the time this story was being composed.
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Asian tech stocks tumble as inflation’s shadow looms large

Business Day 11 May 2021
That followed a 2.55% fall on the Nasdaq overnight, and Nasdaq 100 futures lost a further 1% in Asia trade ... Benchmark 10-year treasury yields eased slightly to 1.5914% in Asia trade ... China’s blue-chip CSI300 index fell 0.5% in morning trade ... US crude dipped 0.68% to $64.48 a barrel. Brent crude fell to $67.83 a barrel.
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