WTI Back Above $91 as War Premium Returns
7 Articles
7 Articles
WTI Back Above $91 as War Premium Returns
October WTI crude oil futures are trading at $91.80 Thursday night, up $8.36 or 10.02% for the week so far. The contract traded as low as $84.11 early in the week before reaching $93.14, its strongest level since late July. The market began the week testing whether more cargoes moving through the Strait of Hormuz would take the war premium out of crude. That selloff did not hold. The United States and Iran exchanged their heaviest fire since Jul…
(New York = Yonhap News) Correspondent Kim Yeon-sook = As tensions in the Middle East continued on the 3rd (local time), with Iran attacking Kuwait in retaliation for U.S. airstrikes, international oil prices [were mixed]
LONDON, England.— At the end of this Friday’s day, oil prices closed with advances in futures markets, where the Brent barrel advanced 0.80% and the WTI by 0.2%, due to tensions between the US and Iran. Brent exceeds 96 dollars The price of the oil barrel [...]
Brent for November rose 0.8%, to US$ 96.28 the barrel, and WTI for October had a discharge of 0.2%, to US$ 91.48 the barrel
Crude oil futures prices on the New York Mercantile Exchange rose for the fourth consecutive day on the 3rd, with the benchmark West Texas Intermediate (WTI) October delivery closing at $91.30 per barrel, up $0.29 from the previous day. This was the highest closing price since late July.
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
