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wti crude oil

WTI Oil Prices Today Under Pressure Amid Middle East Conflict

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Witriyani Mon, 30 Oct 2023

WTI oil prices today are facing selling pressure on the first day of the week after mostly positive movement last Friday. However, the commodity has rebounded from early lows in the Asian session and

China Triggers WTI Oil Price Surge, Soaring Above $81.00!

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Witriyani Mon, 21 Aug 2023

WTI, or Western Texas Intermediate, the U.S. benchmark crude oil, traded around $81.02 on Monday, experiencing moderate gains for three consecutive days.   However, the upward price trend for W

Production Cut, WTI Oil Prices Fly

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Haryanto Thu, 06 Jul 2023

Jakarta, GIC Trade – WTI crude futures held near $72 a barrel on Thursday after surging nearly 3% in the previous session, supported by supply cuts from major oil producers and a large drop

After UK Interest Rate Hike, Oil Demand Plummets!

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Witriyani Fri, 23 Jun 2023

Oil price news today - Oil prices fell for a second straight session and headed for a weekly decline of more than 3% on Friday. The decline was caused by higher-than-expected interest rates in the UK

WTI Stagnant Around $71.00 on Concerns Over Oil Supply

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Witriyani Tue, 20 Jun 2023

WTI oil prices retreated to intraday lows around $71.00 as negative sentiment contributed to weak demand in Europe on Tuesday morning. Hence, oil prices were also less affected by the possible supply

World Oil Prices Drop Today Ahead of US Inflation Data

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Witriyani Tue, 09 May 2023

At the start of trading, world oil fell today after experiencing a strong increase during the previous two sessions. This happened because the market was still cautious and waiting for the US inflatio

Oil Prices Hold at 1-Month High Ahead of US CPI Data

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Witriyani Wed, 12 Apr 2023

In today's import exports, world crude oil prices experienced little movement for the Asian session. Holding near a one-month high as the market awaits the latest cues from US inflation data to be ann

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