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Showing 31 - 40 of 41 results for "WTI oil"

A$ at 80c

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2015
... oil prices. While lower overnight, at US$64.64 per barrel, Brent oil's still up 36.9% from the January low of US$47.22. WTI oil is up 31.2% to US$56.94 from the US$43.39 hit around the middle of last month. Whether these price rises persist remain uncertain ...

That elusive 6000

BENJAMIN ONG  |  TUESDAY, 28 APR 2015
... of crude oil - on both measures. Brent is up 37.3% to US$64.83 a barrel from the US$47.22 low touched in mid-January; WTI oil is up 30.5% to US$56.63 from the US$43.39 hit around the middle of last month. Maybe today's the day. The breach of a resistance ...

Deflation is the Darth Vader of the economy

BENJAMIN ONG  |  THURSDAY, 29 JAN 2015
We're back to crude oil spotting again folks. Prices dropped big time again last night - WTI oil down 4.0% to US$44.36 a barrel and Brent's down 2.4% to US$48.43 per barrel. Not surprisingly, Wall Street, which had been trading flat for most of the ...

Oil price shock, nice

BENJAMIN ONG  |  TUESDAY, 13 JAN 2015
... this was exactly what I read this morning as the price of crude plunged again in overnight trade. The per barrel price of WTI oil declined by 5.3% to US$45.80 and that of Brent closed 5.8% lower to US$47.20. This is bad, according to Marketfield Asset ...

Santa's bargains

BENJAMIN ONG  |  MONDAY, 15 DEC 2014
... economies and transmit this weakness other economies and markets, etcetera, etcetera... etcetera. We're doomed! Brent and WTI oil prices fell further at the end of last week's trading - Brent down US$61.85 a barrel and WTI down to US$57.81 (off 44.6% ...

The Grinch is stealing Christmas

BENJAMIN ONG  |  TUESDAY, 9 DEC 2014
... markets. Oil's doing the limbo (how low can you go?). Brent oil dropped by 4.2% to a five-year low of US$66.14 a barrel; WTI oil's down 4.3% to US$63.04 per barrel, also a five-year low. Prices could slide even lower for on top of excess crude supply ...

Slides can be fun too

BENJAMIN ONG  |  TUESDAY, 2 DEC 2014
Brent oil up 4.0% to US$72.94 a barrel; WTI oil up 4.9% to US$69.36 a barrel. Is this it? Have we reached bottom oil? Is this the sliding slippery stuff's equilibrium price? Or just a dead feline bounce? As Bob Dylan would sing to you, "the answer my ...

From oil at US$300 to oil at US$30

BENJAMIN ONG  |  MONDAY, 1 DEC 2014
... Brent oil prices peaked at US$115.06 a barrel on 23 June. They've sank by 35.3% to US$74.40 as at last Friday's close. WTI oil prices peaked at US$106.83 per barrel on 20 June. They've dropped by 38.1% as at last Friday's close. I googled oil and OPEC ...

Why the eurozone cannot afford cheap oil

BENJAMIN ONG  |  WEDNESDAY, 5 NOV 2014
... commodity. That was on 15 October when Brent oil prices plummeted 22.3% to US$86.66 a barrel from their 2014 open and WTI oil dropped 16.4% to US$82.25 per barrel. Last night, oil slid some more - Brent's down to US$82.70 and WTI's trading at US$77.16 ...

The good oil

BENJAMIN ONG  |  WEDNESDAY, 15 OCT 2014
... you're tracking oil prices are down - big time. Brent oil prices are down by 22.3% to US$86.66 a barrel this year to date. WTI oil is down 16.4% to US$82.25 per barrel. According to the IEA, this is due to abundant supply, slowing demand growth and a ...