WTI recovers firmly above $75.50 despite US EIA confirms higher oil inventories – by Sagar_Dua24 Oil WTI Fed DollarIndex China
Investors have started ignoring the impact of the huge oil inventory build-up reported by the US EIA.
Now, the higher build-up of oil stockpiles has been confirmed by the US Energy Information Administration at 7.6 million barrels. Russia is considering an oil supply cut at its western ports by up to 25% from March that exceeds its former 500,000 barrels oil supply cut announcement.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WTI rises back above $75.00, despite an increase in US inventoriesWestern Texas Intermediate (WTI), the US crude oil benchmark, advances shy of 2% on Thursday, trimming some of its Wednesday’s losses spurred by a str
Read more »
University Hospitals invests $25.5 million in Lake West, TriPoint; closes labor and delivery at Lake WestUniversity Hospitals will spend $25.5 million to expand and modernize services at UH Lake West and UH TriPoint medical centers, both located in Lake County, over the next few years, the health system announced Wednesday.
Read more »
WTI declines towards $75.50 as hopes of recovery fade amid hawkish Fed betsWest Texas Intermediate (WTI), futures on NYMEX, have dropped after failing to surpass the critical resistance of $77.50. The oil price is expected to
Read more »
Uptown Dallas’ luxury retailer Stanley Korshak has big plans that include a caféAnnual sales reached $50 million for the first time last year and owner Crawford Brock believes there’s potential to reach $75 million over the next five years.
Read more »
WTI Price Analysis: Oil sellers attack fortnight-old support near $76.00WTI crude oil takes offers to extend the previous day’s losses to $76.00, refreshing the intraday low amid early Wednesday in Europe. In doing so, the
Read more »