Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW
Search ResultsShowing 1 - 10 of 28 results for "West Texas Intermediate"
Oil to make strong recovery: State Street
ELIZA BAVIN  |  TUESDAY, 19 MAY 2020
... rebound in oil markets as more people around the world use their cars more over public transport. "Whilst West Texas Intermediate (WTI) crude oil prices turned negative last month, the oil market appears much calmer as the June contract approaches," ...
The domino effect: Oil falls, markets follow
ALLY SELBY  |  TUESDAY, 21 APR 2020
... endured during the COVID-19 crisis, the US oil price crash overnight may just be the worst. The price of West Texas Intermediate crude oil for May plunged more than 190% during trade on Monday, hitting its lowest levels in history (-US$37.63 a barrel). ...
Global stocks plunge as COVID-19 fear accelerates, oil crashes
ALLY SELBY  |  TUESDAY, 10 MAR 2020
... greater market share, slashing oil prices to US$4-7 a barrel and reportedly lifting production. The US West Texas Intermediate (WTI) crude and global Brent Crude benchmark slid 24.59% and 24.1%, respectively on Monday. Currently, WTI is trading up 8% ...
Chief economist update: Oil to slide into 2020
BENJAMIN ONG  |  THURSDAY, 24 OCT 2019
... IMF's oil price forecast is based on the "simple average of prices of UK Brent, Dubai Fateh, and West Texas Intermediate crude oil". I don't have data for Dubai Fateh but this year to date, the average price of WTI and Brent oil is US$60.50 - ...
Chief economist update: The bad oil
BENJAMIN ONG  |  FRIDAY, 12 APR 2019
... demand for oil. Note that this is based on the "simple average of prices of UK Brent, Dubai Fateh, and West Texas Intermediate crude oil." I don't have data for Dubai Fateh but this year to date, the average price of WTI and Brent oil is US$59.94 ...
Chief economist update: Oil slick
BENJAMIN ONG  |  WEDNESDAY, 7 NOV 2018
... synchronised global growth momentum that was still in play in the earlier months of this year. The price of West Texas Intermediate (WTI) has jumped US$66.81 per barrel while that of Brent oil gained US$72.05 per barrel - above the psychological level ...
Chief economist update: When good oil goes bad
BENJAMIN ONG  |  THURSDAY, 10 MAY 2018
... growth upswing of 2017. Now oil prices have turned on its head. Crude oil's on the rise. The price of the West Texas Intermediate (WTI) oil has risen by 17.6% to US$71.08/barrel this year to date and by 171.9% since the US$26.14/barrel low recorded in ...
Good oil, bad oil
BENJAMIN ONG  |  FRIDAY, 23 JUN 2017
Houston, do we have a problem? Oil has. It's back in a bear market - with the price of both the West Texas Intermediate (WTI) and Brent dropping by more than 20% from this year's highs. WTI oil edged up a little to US$42.73/barrel overnight after dropping ...
Oil's not so slick
BENJAMIN ONG  |  TUESDAY, 20 JUN 2017
... day before OPEC announced the output cut extension before resuming its downtrend, taking the price of West Texas Intermediate oil down by 14.5% (from 24 May) and Brent 12.0% lower. The problem is that OPEC's reduced production is being undermined by ...
Damned if they do, damned if they don't
BENJAMIN ONG  |  MONDAY, 3 APR 2017
... and up 111.3% from the 2016 low of US$26.01/barrel recorded in January 2016. Similarly, the price of West Texas Intermediate (WTI) surged to US$53.75/barrel at the close of last year's trading - up 44.8% for the year and 105.2% from the US$26.19/barrel ...
PAGE:
1
PREVIOUS
NEXT
Link to something IpZLiZqf