Tag Archives: Crude Oil

July Nymex WTI crude prices are trading in negative territory Wednesday, extending their losses from the previous session, pressured by risk aversion. Prices had rallied to levels of around $92.17 a barrel Tuesday amid increasing optimism that Greece could remain in the eurozone.

July Nymex WTI crude prices have edged their way higher Tuesday, holding steady above $91.00 a barrel. Trading has been largely range bound coming off of yesterday’s U.S. holiday, with prices dipping early on in Asia from around $91.39 a barrel to session lows of $90.87 after some risk assets came under pressure from Japanese […]

July Nymex WTI prices have advanced Monday in tandem with a risk rally seen across Asia for much of the session. Signs voters in Greece may back austerity measures required for a European Union (EU) bailout has seen risk assets subject to some short covering in Asia, with July WTI rallying to currently trade $91.74 […]

July Nymex WTI prices are trading in negative territory Friday after giving up some gains during Asian trade. Prices edged their way higher to around $91.04 a barrel early on in the session, but then began to fall away quite sharply as Asia developed a risk-off theme for the remainder of the session.

July Nymex WTI prices are trading higher Thursday after closing the previous session below $90 a barrel for the first time in seven months. Prices had plunged as low as $89.29 a barrel last night before some technical buying and a rally on Wall Street saw prices recover to close the session 2.1% lower at […]

July Nymex WTI crude oil prices are trading lower Wednesday, extending losses seen from the previous session. Oil remains pressured by risk aversion surrounding the eurozone, with yesterday’s lower growth forecasts from OECD adding to an already fragile environment in the oil market.

July Nymex WTI crude is trading in positive territory Monday, tracking some modest gains in Asian stocks and an improving euro in FX markets. July WTI futures had initially slipped to a low of around $91.14 after early trading in Asia saw some risk assets continue to extend to the downside.

June Nymex WTI crude oil is trading in negative territory Friday, pressured by some extended risk aversion as market participants become increasingly concerned over the uncertainty surrounding Europe’s ongoing debt problems.

June Nymex WTI crude oil prices have fallen for the fourth straight session Wednesday, pressured by risk aversion as market jitters intensify over the uncertainty surrounding Greece. WTI has now fallen below $93.00 a barrel, with the market slumping to a session low of around $92.55.

June Nymex WTI crude oil is trading lower Monday, pressured by a weaker euro across FX markets and continued uncertainty surrounding Greece. Greece’s deputy prime minister has said the country will run out of money in six weeks unless it honours its bitterly-disputed EU bailout deal, the Sunday Telegraph reported.