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Showing 1 - 10 of 80 results for "WTI"

Chief economist: Is this a buy op?

BENJAMIN ONG  |  FRIDAY, 25 FEB 2022
... price of crude oil has shot up on the back of the Russian adventure. Brent oil US$104.99 per barrel - up 8.42% on the day; WTI oil reached US$100 before falling back to US$99.52 - up 8.06%. Being a major commodity producer, Australia will benefit from ...

Chief economist update: A delicate balancing act

BENJAMIN ONG  |  FRIDAY, 4 JUN 2021
... (for 2021) and 3.7% (for 2022) predicted in its December 2020 report. The price of Brent oil rallied to US$71.20/barrel and WTI oil soared to US$68.83 a barrel. This year to date, the price of Brent oil has surged by 41.4 and that of the WTI has risen ...

Chief economist update: Getting hot, hot, hot

BENJAMIN ONG  |  MONDAY, 8 MAR 2021
... soaring to 14-month highs. This year to date, the price of Brent oil has surged by 30.5% to US$66.85 per barrel and that of the WTI soared by 31.2% -- more than making up for the full-year 2020's loss of 24.4% and 20.9%, respectively. The recovery ...

Chief economist update: Oil gush

BENJAMIN ONG  |  THURSDAY, 4 FEB 2021
Crude oil prices jumped to one-year highs - WTI oil to US$58.46 per barrel; Brent oil to US$55.73 - this early in the New Year. Well, they have to bounce some time especially given the battering it received in 2020 as the covid-19 pandemic grounded ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... million into the country's only ETF tracking crude oil futures, the BetaShares Crude Oil ETF, and were stung hard when WTI May contracts slipped into negative territory. It's assumed investors expected oil prices to stabilise after an OPEC deal ...

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... volatility, Australians poured $35 million into the country's only ETF tracking crude oil futures, and were stung hard when WTI May contracts slipped into negative territory in Monday's trading. BetaShares Crude Oil Index ETF (OOO) tracks an ...

Chief economist update: Oil could slip on fresh lockdowns

BENJAMIN ONG  |  THURSDAY, 12 NOV 2020
... optimism in the world economies, financial markets and commodity markets, including oil. Oil prices jumped to two-month highs - WTI oil to US$41.36 per barrel; Brent oil to US$43.61 - following reports of encouraging COVID-19 vaccine test results developed ...

Chief economist update: The second oil price discounting wave

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2020
... world, especially in China, in the second quarter of this year, and the OPEC+ cuts in production, sent oil prices higher. WTI oil prices soared to US$42.96 per barrel in August from the record low negative US$36.98 in April. Brent oil rocketed to US$46.01 ...

Chief economist update: Second wave threatens an oil spill

BENJAMIN ONG  |  FRIDAY, 14 AUG 2020
... re-opening of many businesses in an increasing number of countries around the world prompted a reversal in crude oil prices. WTI oil prices soared by 37.0% to an average price of US$38.21 per barrel in the June quarter from US$27.96/barrel in the first ...

BetaShares rejigs oil ETF...again

KANIKA SOOD  |  WEDNESDAY, 5 AUG 2020
... to all cash if oil futures drop significantly again. The BetaShares Crude Oil Index ETF (OOO) tracks an index composed of WTI crude oil future contracts, focusing on shorter-dated deliveries, and is the only such ETF exposure in Australia. OOO has had ...
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