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Crude

Q3 the Catalyst for Crude Oil?

Oil demand rose in the third quarter of the year amid supply cuts from OPEC+Crude oil prices have been on a downward trajectory this year with many fundamental factors influencing the overall trade dynamics. OPEC+ has been at the center of…

WTI crude futures settle at $73.86

Crude oil is moving up to test the 100-day moving averageThe price of West Texas Intermediate crude settled at $73.86. That's $2.06, or 2.87%, higher. The gain equals the gain from July 5th and is the largest gain since June 15th. The…

WTI crude oil futures settled at $70.64

The price of West Texas Intermediate crude futures settled at $70.64. The highest price was $71.04. The low price was $69.53. Baker Hughes' rig count fell for the ninth consecutive week. Earlier this week, Crude Oil Inventories showed a…

WTI crude oil future settle at $69.56

The price of West Texas Intermediate crude futures settled at $69.56. This represents an increase of $1.86, or 2.75%, per day.The low price was $67.05. The highest level was at $69.73.This rally to the upside was helped by a much larger…