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WTI Crude (Mar'23)

WTI lower as oil infrastructure recovers from Beryl

by Milton Acorn
WTI lower as oil infrastructure recovers from Beryl

U.S. crude oil prices fell for the third straight session on Tuesday, as Gulf Coast oil infrastructure appears to have avoided any substantial damage from Tropical Storm Beryl. On Monday, …

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Categories Science

WTI falls as market tracks Hurricane Beryl

by Milton Acorn
WTI falls as market tracks Hurricane Beryl

U.S. crude oil futures fell nearly 1% Monday as traders monitored the impact of Hurricane Beryl on Gulf Coast refining, production and export infrastructure. Beryl made landfall near Matagorda, Texas, …

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Categories Science

WTI on pace for fourth straight weekly gain

by Milton Acorn
WTI on pace for fourth straight weekly gain

U.S. crude oil was little changed on Friday but was on pace for a fourth straight weekly gain as falling inventories show an uptick in demand. Oil market analysts have …

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Categories Science

WTI holds firm after big stockpile draw

by Milton Acorn
WTI holds firm after big stockpile draw

Crude oil futures were little changed on Wednesday even as large drawdown in U.S. stockpiles signaled an uptick in demand ahead of the Fourth of July. U.S. crude oil inventories …

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Categories Science

U.S. crude oil hits two-month high, tops $84 per barrel amid war and hurricane fears

by Milton Acorn
U.S. crude oil hits two-month high, tops  per barrel amid war and hurricane fears

An oil pump jack is shown in a field in Stanton, Texas, on June 27, 2024. Brandon Bell | Getty Images News | Getty Images U.S. crude oil topped $84 …

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Categories Science

WTI rises ahead of Fourth of July

by Milton Acorn
WTI on pace for fourth straight weekly gain

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S., April 21, 2020.  Dronebase Dronebase | Reuters U.S. crude oil futures …

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Categories Science

WTI near two-month highs on Israel-Hezbollah war fears

by Adrian Jhonsan
WTI near two-month highs on Israel-Hezbollah war fears

Smoke billows during Israeli bombardment on the village of Khiam in south Lebanon near the border with Israel on June 19, 2024 amid ongoing cross-border tensions as fighting continues between …

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Categories World

WTI rises as Mideast tensions outweigh soft demand

by Milton Acorn
WTI rises as Mideast tensions outweigh soft demand

Pipes transport refined product to storage tanks at the Buckeye Partners’ Laurel Pipeline terminal in Pittsburgh, Pennsylvania, U.S. May 1, 2017. Jason Cohn | Reuters Crude oil futures held firm …

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Categories Science

WTI rises as traders wait for U.S. inventory data

by Milton Acorn
WTI rises as traders wait for U.S. inventory data

Crude oil futures rose Wednesday as investors wait for the latest U.S. inventory data for indications of how gasoline demand is holding up as summer. Oil prices pulled back Tuesday …

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Categories Science

The stock market flips and tech falls out of favor. It may be hard to stop

by Milton Acorn
The stock market flips and tech falls out of favor. It may be hard to stop

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market …

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Categories Science
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