Tag Archives: Crude Oil

August Nymex WTI prices are trading in negative territory Tuesday as markets continue to position themselves for the likelihood that nothing concrete will emerge from this week’s EU summit to address the balance of risk in Europe.

August Nymex WTI prices are trading in positive territory Monday with prices so far seen in a range of $79.78 to $80.67 a barrel. Prices initially traded up to session highs of $80.67 after the threat of a storm shut nearly a quarter of the country’s offshore crude and gas output in the Gulf of […]

August Nymex WTI prices have modestly recovered Friday after suffering their biggest decline this year during Thursday’s ruthless sell off. August futures posted gains of just over 1% after yesterday’s slide that saw prices collapse by 4%.

August Nymex WTI prices are in modest positive territory Friday, after yesterday’s steep declines saw WTI plunge to eight month lows. August WTI ended Thursday’s session down $3.25, or 4%, at $78.20 a barrel, posting the lowest close seen since Oct 4.

August Nymex WTI prices are trading in negative territory Thursday extending their sharp declines from the previous session. WTI prices remain pressured by an unexpected rise in crude inventories last week and the Federal Reserve’s announcement of an extension of operation twist.

July Nymex WTI prices have now slipped back to around unchanged levels Tuesday, in consolidation mode after prices attempt to recover from yesterday sharp slide.

July Nymex WTI prices remain in negative territory Monday after giving up all of their gains seen in Asian hours. Prices had been as high as $85.56 early on in the Asian session before paring back sharply to an Asian low of around $84.46 as a moderate, but cautious, risk-on theme developed in Asia.

July Nymex WTI prices are trading in positive territory Monday following the outcome of Sunday’s elections in Greece, which saw the nation’s pro-bailout parties winning by a slim margin.

July Nymex WTI prices are trading firmer in Asian trade Friday, extending its recovery after producer group OPEC agreed to keep its output ceiling unchanged for the second half of the year at 30mln barrels per day.

July Nymex WTI prices are holding steady in positive territory Thursday, with prices in a range of $82.28 to $83.07 so far during Asian traded hours.