Tag archives for West Texas Intermediate
Argentinean Drillers Benefitting from Government’s Efforts to Set Oil Prices
West Texas Intermediate has been rising since its history-making crash in the last month, trading at around $25. Brent crude has been hovering, reaching $30 in London. They can’t come…
Crude Oil’s Rollercoaster Ride Resume as Oil Producers Meeting Delays
Crude oil’s rollercoaster ride restarted Monday, with each Brent and West Texas Intermediate (WTI) futures falling sharply amid news of a delay to a meeting of oil producers. While information…
Oil to Fall Lowest Since 2008 Financial Crisis Despite Rising Over 3%
Oil prices had been set for their worst weekly drop since the 2008 financial crisis, regardless of rising over 3% Friday, as investors worried over evaporating demand from the coronavirus…