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Oil prices jump on renewed US-Iran hostilitiesOil prices surged Friday amid renewed U.S.-Iran clashes, jeopardizing a fragile ceasefire and dimming hopes for reopening the vital Strait ...- Traders place large $950 million bet on oil price falling hours ahead of ceasefireJust as the US and Iran reached a crucial ceasefire, investors took a colossal leap into the market with a $950 million bet against rising ...
- Oil rises as markets assess supply risks after Iran denies US talksOil prices edged up Tuesday amid supply concerns after Iran refuted U.S. claims of talks to end the Gulf conflict. Brent crude rose to $101...
- Oil prices rise modestly as traders assess Russian output cutThe West Texas Intermediate (WTI) for March delivery rose 42 cents, or 0.53 per cent, to settle at $80.14 a barrel on the New York Mercanti...
- Oil market calm leaves funds without directionHedge funds and other money managers purchased the equivalent of 19 million barrels in the six most important petroleum futures and options...
- Hedge funds sell oil as bull run stuttersHedge funds and other money managers sold the equivalent of 9 million barrels in the six most important petroleum futures and options contr...
- Oil short-selling jumps in record streak as faith in Opec wanesThe jump in bearish bets came amid a 12-day losing streak for WTI crude prices
- Brent oil steals show as hedge funds leave US crude asideWTI rose 14 cents to $48.65 a barrel on the New York Mercantile Exchange on Monday.
- Domino effect: China turmoil sends US oil futures down to 12-year lowChina’s central bank cut the yuan’s reference rate by the most since August, triggering a selloff that led to the closure of Chinese stock ...
- Brent-WTI gap likely to help private oil companies’ treasury gainsBrent crude, which comprises around two-fifths of India’s oil basket, has entered into a discount to US light sweet crude, or WTI, for the ...
- WTI discount to Brent Oil slides to 4.5-month lowWTI rose as much as 0.8% in New York, shrinking the discount to North Sea Brent to the least since October 9.
- WTI crude falls to lowest since June on US supply surgeWest Texas Intermediate crude fell to the lowest level in almost six months after industry data showed US crude supplies rose for a ninth w...
- High US stockpile keeps WTI crude below $100 for second straight dayWest Texas Intermediate traded below $100 a barrel for a second day after crude stockpiles rose to a 15-week high in the US.
- Crude gains as US lawmakers seek path to raise debt ceilingWest Texas Intermediate crude advanced as US lawmakers began taking the first tentative steps toward a path to raising the government’s deb...
- West Texas Intermediate crude exceeds brent for first time in almost 3 yearsWest Texas Intermediate crude became more expensive than Brent for the first time in almost three years on Friday.
- West Texas Intermediate crude dips on US Federal Reserve dataWest Texas Intermediate (WTI) oil fell for a second day, extending the biggest drop in two weeks, while Brent futures were little changed.
- Crude oil futures poised for yearly drop since 2008Crude oil headed for its first annual decline since 2008 in New York as US lawmakers sought an agreement on averting automatic tax increase...
- Brent to oust West Texas Intermediate as most-traded futuresFor the first year since the futures were created, Brent crude is poised to overtake West Texas Intermediate oil as the world's most-traded...
- London beats New York as global hub for oil futures tradeMore contracts in North Sea Brent crude changed hands in June than at any time on record, data from the ICE Futures Europe exchange show.
- Needed: An Asian crude benchmarkWhy are `Brent’ and `West Teaxs’ used as benchmarks for pricing of other crudes? Well, just New York and London emerged as financial centre...
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