WTI stays defensive above $80.00 on mixed economic concerns, EIA Crude Oil Stocks Change eyed – by anilpanchal7 Oil WTI OPEC Commodities Growth
Fears of recession joins successive addition in the US inventories, Biden’s push for SPR to weigh on prices.Softer US Dollar, China-linked optimism puts a floor under the prices.
benefit from the softer US Dollar amid sluggish trading hours. However, economic fears and growing concerns over inventory build, as well as higher supplies, seem to probe the Oil buyers of late. remains pressured after the January activity data suggests the contraction despite being in contraction region. January’s US S&P Global Composite PMI for increased to 46.6 from 45.0 prior and the 44.7 consensus, marking the seventh consecutive read below 50.
It should be noted that the US activity numbers weren’t the only one which were softer, the figures from Germany also couldn’t impress the oil buyers.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
VHC Health plans $80 million Arlington behavioral health facilityThe new Arlington facility will include at least 112 beds.
Leer más »
WTI snaps two-day winning streak above $81.00 despite softer US DollarWTI crude oil fades upside momentum after a two-week uptrend, down 0.65% intraday near $81.30 during early Monday, as the market’s inaction allows ene
Leer más »
WTI struggles near seven-week high as China holidays push back Oil bulls, PMIs eyedWTI crude oil remains sidelined around $81.70, after refreshing the multi-day high above $82.00 the previous day. In doing so, the black gold portrays
Leer más »
WTI juggles around $81.50 as US recession worries cap upsideWest Texas Intermediate (WTI), futures on NYMEX, is displaying back-and-forth moves in a narrow range around $81.50 in the early European session. The
Leer más »
As Live Nation Hearings Begin, Here's How Much Ticketmaster Fees Tack on For 3 Chicago ShowsIn Chicago, fees for tickets to shows sold through Ticketmaster range from $18 to more than $80, depending on the artist and the venue, according to data obtained by NBC 5.
Leer más »
Crude Oil Futures: Scope for extra upsideCME Group’s flash data for crude oil futures markets noted traders added nearly 2K contracts to their open interest positions on Friday, resuming the
Leer más »