Oil is trading below $ 40 in New York and London

The crude West Texas Intermediate (WTI), which operates on the New York futures market (Nymex), fell 3.99% this morning and was trading at US$ 37,99 a barrel in contracts with delivery in December. Similarly, Brent oil from the North Sea, which does so on the London electronic market (ICE), lost 3.29% and a barrel was … Read more

Oil rises due to indicators favorable to oil demand | Economy

The quotes of the Petroleum They ended up on Monday after a start to the day in negative territory, helped by indicators that encourage oil demand. In London the North Sea Brent barrel For delivery in October, on its first day as a market benchmark, it rose 1.4% to $ 44.15. Meanwhile in New York … Read more

Oil falls in market worried about demand

The prices of Petroleum They fell slightly on Friday after gaining ground earlier in the day, in a market affected by the effects of the coronavirus pandemic on demand. The North Sea Brent barrel for delivery in August ended at $ 41.02 in London, down 0.1% from Thursday’s close. In New York, meanwhile, the barrel … Read more

Oil prices to give a view on rising US reserves charged to

Oil production Brent the most important crude Oil is. The WTI comes from the United States. (Photo: dpa) Singapore The prospect of rising Oil reserves in the USA has impacted the Oil prices on Wednesday. A Barrel (159 litres) of North sea Brent hit in the Morning 40,63 dollars. The were 55 cents less than … Read more

Commodities: How private investors speculate on crude oil betting – Handelsblatt

Commodities: How private investors speculate on crude oil betting Handelsblatt Focus on oil prices: Why the prices are falling again finanzen.net Equity markets: waiting for the central banks F.A.Z. – Frankfurter Allgemeine Zeitung Oil price: Why oil is so cheap in 2020 – an explanation finanzmarktwelt.de Oil: US oil still under pressure Handelsblatt See “Learn … Read more

Wall Street had its first negative week in a month (although this Friday it rose by technological actions)

The Industrial Average Dow Jones advanced 1.1%, at 23,775.27 units, while the S&P 500 gained 1.4%, at 2,836.74 points. The Nasdaq Composite, meanwhile, rose 1.6%, at 8,634.52 units. Apple and Microsoft climbed more than 1%, driving the S&P 500 more than any other company. The two tech giants will report their first-quarter financial results next … Read more

Now it’s Brent’s turn: London oil falls from $ 20 to its lowest since 2001

For its part, the West Texas Intermediate (WTI) for delivery in May (last day of listing), paid to $ 4.39 the barrel after spending most of the session in negative, falling to around -u $ s10. On Monday it had closed at -u $ s37.63. I never thought it would be possible for US crude … Read more

Oil sank more than 10% to almost $ 20 in New York

WTI barrel for June delivery it lost 10.3% of its value, to settle at US $ 20.11. While, the North Sea barrel of Brent for delivery in May fell 6.7% to US $ 29.60. Oil demand plummeted by around 30% around the world several weeks ago, causing refineries and producers to be suddenly flooded with … Read more