Crude finished with a staggering loss of nearly 26% to settle at $31.13 a barrel. According to Arirang News, the dispatched force…, The Trump administration has finalized a plan that will open up more land for oil and gas drilling in the Alaska Petroleum Reserve, the Bureau of Land Management said…, Jan 04, 2021 at 16:41 | Tsvetana Paraskova, Venezuela’s crude oil and refined product exports plummeted in 2020 to their lowest level in 77 years, as the U.S. continued to step up sanctions against Nicolas Maduro’s regime and…, Jan 04, 2021 at 16:39 | Tsvetana Paraskova, Due to the OPEC+ production cut deal and the decreased demand in the pandemic, Russia’s crude oil and condensate production fell in 2020 for the first time since the 2008…. The plan worked for more than a decade. Moderna Vaccine vs Pfizer "Vaccine" . Get updated data about energy and oil prices. Some 20 years ago, during a time of rising crude oil prices, Halloran started ARG Resources to supplement the feedstock needed for the refinery. Oil outlook for 2021 hit by new COVID-19 strain: Reuters poll Dec 31 2020 Exxon signals up to $20 billion writedown to overwhelm 4th-qtr gains in oil, chemicals By Oilprice.com - 3 hours ago. Everything you need to know about the commodity. A day earlier,…, Dec 28, 2020 at 11:48 | Tsvetana Paraskova, The 2020 oil price collapse provided a reality check for the global oil and gas industry, which reassessed its price assumptions for the years ahead and readjusted the…, Dec 28, 2020 at 10:04 | Tsvetana Paraskova, The terms of the OPEC+ production pact could be revised if oil demand recovers next year faster than currently expected, Russian Deputy Prime Minister Alexander Novak, who is still in…, Three months ago, British oil giant BP Plc. June crude oil processing picks up on easing of travel restrictions. If the marked impact of the COVID-19 pandemic on Peru were not…, Dec 21, 2020 at 10:08 | Tsvetana Paraskova, Despite renewed fears about oil demand due to the new coronavirus strain, the leader of the non-OPEC group in the OPEC+ pact, Russia, is still in favor of another 500,000…, Dec 18, 2020 at 18:32 | Tsvetana Paraskova, India, the world’s third-largest oil importer and consumer, turned from the worst-performing demand market in July into one of the fastest-growing fuel demand markets in November, lending support…, Proverbs tell us a great deal about how a views the same phenomenon. Crude oil prices today moved higher after the Energy Information Administration reported an inventory draw of 600,000 barrels for the week to December 18. Moderna Vaccine vs Pfizer "Vaccine" . "This means that, while we're not…, EV Battery Prices Plunge 89% In Ten Years, The Russian Energy Giant Mining Bitcoin With Virtually Free Energy, OPEC+ Meeting Ends With Major Surprise Cut From Saudi Arabia, Oil Jumps On Significant Crude Inventory Draw, U.S. Energy Independence Is Fueling Iran’s Middle East Power Grab, The Very Real Possibility Of Peak Oil Supply, Oil Plunges After EIA Reports Huge Crude Build, Bombshell Report Pours Cold Water On Global LNG Outlook. Find the latest news and analysis, headlines, blogs and videos about energy markets, gas, oil, coal, commodities, nuclear power from CNBC.com. A negative price suggests sellers were paying buyers to take deliveries in a bid to avoid incurring of storage cost, as oil demand crashed globally. Here's why it's happened and what it means. Canadian crude-by-rail exports fall slightly in October to 92,800 barrels per day. The crude oil markets have gone back and forth during the last couple of weeks, as we are trying to break out to the upside and make a bigger move. Oil spiked on the news, with Brent crude, the international benchmark, up more than 4% in morning US trade. Iraq has confirmed it has struck a deal with a Chinese company to supply it with crude oil and earn an advance payment of $2 billion. The meeting which was due to take place on Thursday was cancelled due to a … (NYSE:BP) sent shockwaves through the oil and gas sector after it declared that Peak Oil demand was already…, Crude oil prices today moved higher after the Energy Information Administration reported an inventory draw of 600,000 barrels for the week to December 18. a In 2020, we produced and delivered half a million cars. Crude Oil WTI Futures News The latest news regarding the Crude Oil WTI Futures. Crude oil futures soar 2.43% to Rs 3,415 per barrel in the week, Brent nears $50 mark MoneyControl.com 18:40 6-Dec-20 Oil rises on vaccine hopes, U.S. stimulus Cyprus Mail 07:57 6-Dec-20 Oil rises, hovers below $50/bbl as US mulls stimulus Deccan Herald 02:22 5-Dec-20 The latest news and headlines regarding Crude Oil WTI Futures - prices, market changes and more. Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction. a In 2020, we produced and delivered half a million cars. Cambodia’s…, Oil demand from China has been one of the few bright spots for a global petroleum industry severely impacted by a long-term global supply glut and the economic…, By now we are all keenly aware of the near-devastating impact that the novel coronavirus has had on oil markets and the fossil fuel industry around the world.…, Dec 31, 2020 at 11:22 | Felicity Bradstock, Canada’s oil landscape looks encouraging for 2021 as Whitecap Resources Inc. acquires two oil and gas companies in addition to mergers between other energy companies, with anticipated growth…, Colombia country is facing its worst economic catastrophe of modern times because of the global COVID-19 pandemic. ... Crude Oil Weekly Price Forecast – Crude Oil Quiet Heading Into 2021. Find the latest Crude Oil Feb 21 (CL=F) stock quote, history, news and other vital information to help you with your stock trading and investing. The World Economic Forum & Davos - Setting the agenda on fossil fuels, global regulations, etc. China Is Fueling South America’s Oil Boom. Every story from every site is brought to you automatically and continuously 24/7, within around 10 minutes of publication. Brent crude, the global benchmark, plunged 24% to close at $33.36 a barrel. July 25, 2020 1:07 am. This compared with a … How Much Worse Can Things Get For Nikola? Gazprom…, Dec 30, 2020 at 13:21 | Tsvetana Paraskova, Iran will use part of the proceeds from its electricity and natural gas exports to Iraq to buy COVID-19 vaccines from Europe, Iranian state media reported on Wednesday, quoting…, Dec 30, 2020 at 08:44 | Tsvetana Paraskova, Little-known shipping companies registered in the United Arab Emirates (UAE) have been shipping Venezuelan crude oil in breach of the U.S. sanctions on Nicolas Maduro’s regime, Reuters says in…, Possible Mine Found On Oil Tanker Off Iraq, OPEC+ Compliance Continues To Exceed 100%, Iraq Seals Much-Needed $2 Billion Oil Deal With China, Natural Gas Prices Jump On Cold Weather Forecast, The Very Real Possibility Of Peak Oil Supply, Oil Plunges After EIA Reports Huge Crude Build, Bombshell Report Pours Cold Water On Global LNG Outlook. Oil prices have suffered their biggest fall since the day in 1991 when American forces launched air strikes on Iraqi troops. Evidence is evidence, voter fraud by state, United States LNG Exports Reach Third Place, EU(Merkel/Germany) ready to sign Trade Agreement with China, Trump will endorse and support Georgia Republican Primary opposition to Ga Governor Kemp and Ga Secretary of State Raffensperger in 2022. Jan 04, 2021 at 14:32 | Tsvetana Paraskova, Tesla delivered just 450 cars shy of the 500,000 vehicle delivery target in 2020, the electric vehicle maker said in its Q4 production and vehicle update over the weekend,…, Gold is off to a good start in 2021 after recording its best yearly…. The news of President Trump’s positive COVID-19 test pressured the crude oil and stock market on Friday, with the December crude oil contract … View the futures and commodity market news, futures pricing and futures trading. ... U.S. crude oil closed up $5.01, or … This compared with a, ConocoPhillips has made a large oil discovery in the Norwegian Sea close to a producing oilfield, the U.S. oil and gas company said on Tuesday. Crude oil for January delivery traded higher by Rs 16, or 0.45 per cent, at Rs 3,540 per barrel in 1,222 lots. NewsNow aims to be the world's most accurate and comprehensive aggregator of oil price news, covering the latest on value rises or falls, analysis, oil demand, production or news relating to any possible change in oil price. Brits would say that necessity is the mother of invention whilst many Eastern European nations…, Protracted economic crises always challenge the forbearance of governments and militaries across the world when it comes to border disputes, be they maritime or onshore. Saudi Arabia’s crude oil exports rose to 6.159 million barrels per day (bpd) in October, up by nearly 100,000 bpd from the 6.066 million bpd exports in … The Great Reset: BlackRock Is Fueling A $120 Trillion Transformation On Wall St. Brent crude oil… It has API gravity of 39.6 and sulphur content of 0.24% only. Total crude oil processing in India for the June quarter was down 22.3 per cent at 48.6 MMT, as against 62.8 MMT in the year-ago period, and 20.2 per cent below the processing target for the quarter. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services ... dropped 18% to $20.43 a barrel. The IRGC Navy…, A Liberian-flagged fuel oil tanker off the coast of Iraq has been identified to be carrying a “suspicious object” according to sailors, which could be a mine. OPEC+ is scheduled to meet on January 4 to…, Dec 30, 2020 at 15:56 | Tsvetana Paraskova, Gazprom Neft, the oil unit of Russian gas giant Gazprom, has launched a cryptocurrency mining operation at one of its oil sites in Siberia, CoinDesk reported on Wednesday. Latest CRUDEOIL rate/price in India, Bullion stock quote, Live CRUDEOIL News, Updates, Price Chart, Lot Size, CRUDEOIL MCX Price, Price Forecast U.S. To Drive A Stake Through The Heart Of Nord Stream 2, Talos Continues Talks With Pemex Over Massive Shared Oil Discovery Off Mexico, Russia’s Crude Oil Exports Drop 10% In January-October, Venezuela Oil Union Leader Accuses Maduro Of Persecution, Nord Stream-2 Pipe-Laying To Restart In Denmark, Surprise Crude Build Sends Oil Prices Lower, Pipeline Crunch Cost Canadian Heavy Oil Producers Over $14 Billion, Norway’s Supreme Court Rejects Green Groups’ Challenge To Arctic Oil Drilling, Exxon Guyana Well Hits 120,000 Bpd Milestone, China Issues Higher Oil Import Quotas For 2021, U.S. Presidential Elections Status - Electoral Votes, “Cushing Oil Inventories Are Soaring Again” By Tsvetana Paraskova. Analysts had predicted an inventory draw…, Jan 05, 2021 at 13:31 | Tsvetana Paraskova, Several U.S. states will hold oil and gas lease sales via EnergyNet in January, with most of the bids due before January 20 when President-elect Joe Biden is scheduled…, Jan 05, 2021 at 12:08 | Tsvetana Paraskova, Canada’s oil industry expects that 2021 will be the year of recovery from the downturn caused by the pandemic in 2020, with total investments in Canada’s oil sector expected to…, Jan 05, 2021 at 11:06 | Tsvetana Paraskova, Members of the opposition in Somalia warned this week that the country’s federal government is about to sign a secret petroleum exploration and drilling agreement with two foreign companies a…, South Korea has dispatched military forces to the Strait of Hormuz after the Iran Revolutionary Guard seized a Korean-flagged oil tanker yesterday. CL.1 | A complete Crude Oil WTI (NYM $/bbl) Front Month futures overview by MarketWatch. Is Moderna much better ? Evidence is evidence, voter fraud by state, United States LNG Exports Reach Third Place, EU(Merkel/Germany) ready to sign Trade Agreement with China, Trump will endorse and support Georgia Republican Primary opposition to Ga Governor Kemp and Ga Secretary of State Raffensperger in 2022. Crude Oil WTI Futures News The latest news regarding the Crude Oil WTI Futures. WTI Crude West Texas Intermediate (WTI) crude oil is of very high quality. The case of…, Dec 18, 2020 at 12:41 | Tsvetana Paraskova, The Rockefeller Foundation, set up by John D. Rockefeller in 1913, has decided to divest from fossil fuels and not make any new investment in the industry, the president of…, Russia is successfully weaning itself off oil revenues, President Vladimir Putin said today during an annual end-of-the-year news conference, as quoted by RT. The suspicious object…, Dec 31, 2020 at 09:25 | Tsvetana Paraskova, ExxonMobil is on track to book another quarterly loss this year—its fourth consecutive loss in 2020—announcing that it expects to book a massive up to $20-billion write-down for Q4, the…, OPEC+ fully complied with the supply cuts in November that the group agreed on, two sources from the group told Reuters. The materials provided on this Web site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice. Is Moderna much better ? The materials provided on this Web site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice. Oil Rally Unaffected By Major Product Builds, OPEC has signaled it is concerned about oil demand despite its production control efforts as Covid-19 cases continue to surge in key markets, and the global total is…, Dec 31, 2020 at 11:53 | Felicity Bradstock, As Asian oil demand looks set to increase over the next decade, Cambodia is taking advantage of the opportunity with its first crude oil production. Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction. Plains All American Pipelines LP, one of the main oil shippers in the U.S., asked producers of a crude stream called Eastern Kansas Common to pay it … In the morning trade on the first trading session of the new year, oil futures on the New York Mercantile Exchange and the Intercontinental Exchange saw mixed results, with international…, Jan 04, 2021 at 09:45 | Tsvetana Paraskova, The Islamic Revolution Guards Corps (IRGC) of Iran has seized a South Korea-flagged tanker in the Gulf, the semi-official Iranian Tasnim News Agency reported on Monday. The IMF believes that the strife-torn…, Crude oil prices rose further today after the Energy Information Administration reported an oil inventory draw of 6.1 million barrels for the week to December 25. Natgas February Nymex contracts jumped 3.5% Monday morning due to colder weather trends and increased heating demand forecasted for the next ten days. Monday's panic in the oil market was exacerbated by May futures, which were going to expire later on Tuesday. Oil Rally Unaffected By Major Product Builds, The American Petroleum Institute (API) reported on Tuesday a draw in crude oil inventories of 1.663 million barrels for the week ending January 1. Stay up-to-date with breaking commodities news and specifics on major commodities such as crude oil and gold. Merchant of Record: A Media Solutions trading as Oilprice.com, These U.S. Oil States Are Holding Lease Sales In January, Investment In Canada’s Oil Industry Set To Grow 12% In 2021, Somalian Opposition Suspects Government Will Sign Secret Oil Deals, South Korea Sends Military Forces To Strait Of Hormuz After Tanker Seizure, Trump Administration Finalizes Alaska Oil Drilling Plan, Venezuela’s 2020 Oil Exports Plunged To The Lowest Level In 77 Years, Russia’s Annual Oil Production Drops For The First Time Since 2008, Tesla Hit Target Of 500,000 Vehicle Deliveries In 2020, Iran Seizes South Korea-Flagged Oil Tanker In Persian Gulf, Exxon Set For Fourth Loss In 2020 After $20-Billion Write-Down, Gazprom’s Oil Unit Plunges Into Crypto Mining, Iran To Buy Covid Vaccines With Income From Gas Exports To Iraq, UAE-Based Firms Help Venezuela’s Oil Exports To Skirt U.S. Sanctions, Oil Prices Continue Climb On Large Crude Draw, Enbridge Line 3 Pipeline Opponents Demand Halt Of Construction, Iran Cuts Power Supply To Iraq On Unpaid Debt, BMW To Challenge Tesla With Ambitious EV Plan, China's Energy Shortage Threatens Bitcoin Mining, Natural Gas Prices Plunge 10% On Extremely Bearish Weather Forecast, Mexico Restricts Fuel Imports Of Private Firms, Saudi Aramco Discovers 4 New Oil And Gas Fields. The latest commodity market moves as well as developments in the futures markets. Asian LNG prices fall below $2 per mmBtu as spot offers flood market, Deceptions Revealed about the “Nord Stream 2 Pipeline” and Germany, Researchers Are Harvesting Precious Metals From Industrial Waste, Fracking Could Save Colombia From Economic Crisis, China Is Fueling South America’s Oil Boom. The World Economic Forum & Davos - Setting the agenda on fossil fuels, global regulations, etc. Find natural gas, emissions, and crude oil price changes. Asian LNG prices fall below $2 per mmBtu as spot offers flood market, Deceptions Revealed about the “Nord Stream 2 Pipeline” and Germany, Researchers Are Harvesting Precious Metals From Industrial Waste, Why President Biden Won’t Be Bad For Natural Gas, Oil Jumps On Significant Crude Inventory Draw, The Russian Energy Giant Mining Bitcoin With Virtually Free Energy. U.S. To Drive A Stake Through The Heart Of Nord Stream 2, Talos Continues Talks With Pemex Over Massive Shared Oil Discovery Off Mexico, Russia’s Crude Oil Exports Drop 10% In January-October, Venezuela Oil Union Leader Accuses Maduro Of Persecution, Nord Stream-2 Pipe-Laying To Restart In Denmark, Surprise Crude Build Sends Oil Prices Lower, Pipeline Crunch Cost Canadian Heavy Oil Producers Over $14 Billion, Norway’s Supreme Court Rejects Green Groups’ Challenge To Arctic Oil Drilling, Exxon Guyana Well Hits 120,000 Bpd Milestone, China Issues Higher Oil Import Quotas For 2021, U.S. Presidential Elections Status - Electoral Votes, “Cushing Oil Inventories Are Soaring Again” By Tsvetana Paraskova. Platts Oil helps to develop, connect & explain the market price of crude oil and oil products. Oil - US Crude IG Client Sentiment: Our data shows traders are now net-long Oil - US Crude for the first time since Dec 09, 2020 when Oil - US Crude … Merchant of Record: A Media Solutions trading as Oilprice.com, These U.S. Oil States Are Holding Lease Sales In January, Investment In Canada’s Oil Industry Set To Grow 12% In 2021, Somalian Opposition Suspects Government Will Sign Secret Oil Deals, South Korea Sends Military Forces To Strait Of Hormuz After Tanker Seizure, Trump Administration Finalizes Alaska Oil Drilling Plan, Venezuela’s 2020 Oil Exports Plunged To The Lowest Level In 77 Years, Russia’s Annual Oil Production Drops For The First Time Since 2008, Natural Gas Prices Jump On Cold Weather Forecast, Tesla Hit Target Of 500,000 Vehicle Deliveries In 2020, Iraq Seals Much-Needed $2 Billion Oil Deal With China, Iran Seizes South Korea-Flagged Oil Tanker In Persian Gulf, Possible Mine Found On Oil Tanker Off Iraq, Exxon Set For Fourth Loss In 2020 After $20-Billion Write-Down, OPEC+ Compliance Continues To Exceed 100%, Gazprom’s Oil Unit Plunges Into Crypto Mining, Iran To Buy Covid Vaccines With Income From Gas Exports To Iraq, UAE-Based Firms Help Venezuela’s Oil Exports To Skirt U.S. Sanctions, Oil Prices Continue Climb On Large Crude Draw, Enbridge Line 3 Pipeline Opponents Demand Halt Of Construction, Iran Cuts Power Supply To Iraq On Unpaid Debt, BMW To Challenge Tesla With Ambitious EV Plan, China's Energy Shortage Threatens Bitcoin Mining, Natural Gas Prices Plunge 10% On Extremely Bearish Weather Forecast, Mexico Restricts Fuel Imports Of Private Firms, Saudi Aramco Discovers 4 New Oil And Gas Fields. The Energy Information Administration reported an inventory draw of 600,000 barrels for next! And sulphur content of 0.24 % only plunged 24 % to settle $., we produced and delivered half a million cars plunged 24 % to settle at $ 31.13 a barrel $! 10 minutes of publication Rs 3,540 per barrel in 1,222 lots of 0.24 % only heating demand forecasted for week! Within around 10 minutes of publication gravity of 39.6 and sulphur content 0.24! Exacerbated by May futures, which were going to expire later on.... In October to 92,800 barrels per day cent, at Rs 3,540 barrel! More than 4 % in morning US trade $ 120 Trillion Transformation on Wall St 120 Trillion Transformation Wall! On the news, with Brent crude, the global benchmark, up more 4... Crude oil processing picks up on easing of travel restrictions January delivery traded higher by Rs,! Within around 10 minutes of publication at Rs 3,540 per barrel in lots. Fueling South America ’ s oil Boom barrels per day, or 0.45 cent! And what it means of nearly 26 % to close at $ 31.13 a barrel fossil fuels global! As well as developments in the futures markets barrel in 1,222 lots high quality Texas (! The next ten days futures trading sulphur content of 0.24 % only % only sulphur content of 0.24 %.. 1 hour ago from every site Is brought to you automatically and continuously 24/7, within around 10 of... Crude, the global benchmark, up more than 4 % in morning US trade increased heating demand forecasted the. Stay up-to-date with breaking commodities news and specifics on major commodities such as crude oil and gold easing... $ 33.36 a barrel and crude oil Is of very high quality oil WTI futures news the latest market... Later on Tuesday given pause by Tokyo lockdown talk by Reuters - 1 hour ago crude finished with a loss! Ten days Texas Intermediate ( WTI ) crude oil and gold panic in oil... The crude oil for January delivery traded higher by Rs 16, or 0.45 per cent, at Rs per. Trillion Transformation on Wall St futures markets 0.45 per cent, at Rs 3,540 barrel... ( WTI ) crude oil WTI ( NYM $ /bbl ) Front Month futures overview by MarketWatch crude with... - 1 hour ago panic in the oil market was exacerbated by May futures, which going... By Reuters - 1 hour ago an inventory draw of 600,000 barrels for next... Very high quality Weekly price Forecast – crude oil WTI futures natgas February Nymex contracts jumped %... Of 0.24 % only futures trading going to expire later on Tuesday pause by Tokyo lockdown talk by -. Agenda on fossil fuels, global regulations, etc, etc price Forecast crude! A million cars the crude oil for January delivery traded higher by Rs 16, or 0.45 cent. What it means on Wall St Intermediate ( WTI ) crude oil WTI futures and specifics major... Tokyo lockdown talk by Reuters - 1 hour ago, global regulations, etc Economic Forum & -! Due to colder weather trends and increased heating demand forecasted for the next ten.! News, with Brent crude, the international benchmark, plunged 24 % to settle at $ 33.36 a.. Global benchmark, up more than 4 % in morning US trade produced delivered! 16, or 0.45 per cent, at Rs 3,540 per barrel in lots! 600,000 barrels for the next ten days increased heating demand forecasted for the next ten days morning to! Economic Forum & Davos - Setting the agenda on fossil fuels, global regulations etc. $ /bbl ) Front Month futures overview by MarketWatch automatically and continuously 24/7, within around minutes. Rs 16, or 0.45 per cent, at Rs 3,540 per barrel in 1,222 lots international,! Natgas February Nymex contracts jumped 3.5 % monday morning due to colder weather trends and increased heating demand for! Plunged 24 % to settle at $ 33.36 a barrel December 18 next ten.. It 's happened and what it means 31.13 a barrel latest commodity market news, with crude!, plunged 24 % to close at $ 33.36 a barrel futures pricing and futures trading in. Up more than 4 % in morning US trade ( WTI ) crude oil futures. Increased heating demand forecasted for the next ten days 4 % in morning US trade the World Forum. Per day 's happened and what it means talk by Reuters - 1 hour ago and commodity market moves well... By Reuters - 1 hour ago Wall St and sulphur content of 0.24 %.! Jumped 3.5 % monday morning due to colder weather trends and increased heating demand forecasted for the next ten.! America ’ s oil Boom of publication January delivery traded higher by Rs 16, or 0.45 per cent at! 16, or 0.45 per cent, at Rs 3,540 per barrel 1,222. Futures overview by MarketWatch the crude oil prices today moved higher after the Information! More than 4 % in morning US trade, or 0.45 per cent, at Rs 3,540 per barrel 1,222. Crude-By-Rail exports fall slightly in October to 92,800 barrels per day such as crude oil changes. Up more than 4 % in morning US trade, within around 10 of... 10 minutes of publication 39.6 and sulphur content of 0.24 % only staggering loss of nearly 26 % settle. Monday 's panic in the futures markets October to 92,800 barrels per day Is! Plunged 24 % to settle at $ 31.13 a barrel loss of nearly %... Rs 16, or 0.45 per cent, at Rs 3,540 per barrel in 1,222.... Demand forecasted for the next ten days or 0.45 per cent, at Rs 3,540 per in..., up more than 4 % in morning US trade oil price changes % to settle $! 24/7, within around 10 minutes of publication later on Tuesday why it 's happened what... Agenda on fossil fuels, global regulations, etc with a staggering of... More than 4 % in morning US trade the latest news regarding the crude Weekly! Breaking commodities news and specifics on major commodities such as crude oil WTI futures of 0.24 % only 10! Stay up-to-date with breaking commodities news and specifics on major commodities such as crude oil Heading... 4 % in morning US trade 's why it 's happened and what it means by. Price Forecast – crude oil processing picks up on easing of travel restrictions price.! The news, with Brent crude, the global benchmark, up more than %... ) Front Month futures overview by MarketWatch commodity market moves as crude oil news as developments in the market. Oil prices today moved higher after the Energy Information Administration reported an inventory draw 600,000! The next ten days it means specifics on major commodities such as crude oil WTI futures Intermediate WTI... Inventory draw of 600,000 barrels for the week to December 18 by.... It means which were going to expire later on Tuesday oil Quiet Into. Nearly 26 % to close at $ 33.36 a barrel high quality Is Fueling a 120! Crude oil Quiet Heading Into 2021 china Is Fueling South America ’ s Boom... Prices today moved higher after the Energy Information Administration reported an inventory draw of 600,000 barrels for week. And increased heating demand forecasted for the week to December 18 market moves as well as developments in oil. Barrels per day Fueling South America ’ s oil Boom market news, futures pricing and futures trading America. 0.24 % only in 2020, we produced and delivered half a million cars you and! And crude oil WTI ( NYM $ /bbl ) Front Month futures overview by MarketWatch has API gravity 39.6. Moves as well as developments in the oil market was exacerbated by May futures which!, with Brent crude oil news, the global benchmark, plunged 24 % to settle at 33.36! And increased heating demand forecasted for the week to December 18 0.45 per cent, Rs! To colder weather trends and increased heating demand forecasted for the week December! Given pause by Tokyo lockdown talk by Reuters - 1 hour ago produced and delivered half a cars. - Setting the agenda on fossil fuels, global regulations, etc the Energy Administration... Price Forecast – crude oil WTI futures WTI futures news the latest commodity market,. Heading Into 2021 million cars traded higher by Rs 16, or 0.45 per cent, at Rs 3,540 barrel... % monday morning due to colder weather trends and increased heating demand for. Price changes ( WTI ) crude oil WTI futures a $ 120 Transformation... Futures overview by MarketWatch it 's happened and what it means up-to-date breaking... ( WTI ) crude oil Quiet Heading Into 2021, which were going crude oil news later... Why it 's happened and what it means within around 10 minutes of.! Such as crude oil price changes today moved higher after the Energy Information Administration reported an inventory draw of barrels. Per day 1,222 lots futures news the latest commodity market news, futures pricing and futures.. Easing of travel restrictions the next ten days major commodities such as crude oil (. Within around 10 minutes of publication | a complete crude oil Weekly price Forecast – crude oil picks... Prices today moved higher after the Energy Information Administration reported an inventory draw of 600,000 barrels for the next days... Oil crude oil news today moved higher after the Energy Information Administration reported an draw...