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Helima Croft

WTI above $74 but heads to weekly loss

by Milton Acorn
WTI above  but heads to weekly loss

The Strategic Petroleum Reserve (SPR) Bryan Mound storage facility located in Brazoria County, Texas, is one of four sites that make up the country’s oil reserve.  Str New | Reuters …

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Categories Science

WTI falls 1% but remains rangebound

by Milton Acorn
WTI falls 1% but remains rangebound

A Shell gas station on May 03, 2024 in Austin, Texas.  Brandon Bell | Getty Images Crude oil futures fell more than 1% on Tuesday in the absence of major …

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Categories Science

WTI at $83 on hopes for interest rate cuts

by Milton Acorn
WTI at  on hopes for interest rate cuts

U.S. crude oil moved 1% higher to nearly $83 a barrel Tuesday on optimism that weak manufacturing data could accelerate interest rate cuts. U.S. manufacturing activity hit a four month …

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Categories Science

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