WTI Crude Advances as Stocks Rally
Bloomberg reported that West Texas Intermediate crude gained as US stocks surged after data showed factory orders in the US exceeded forecast, signaling positive economic growth and higher fuel demand.
Articles Tagged "new york mercantile exchange"
WTI Advances to One Month High on Cyprus Bank Tax
West Texas Intermediate crude rose to the highest level in almost a month as policy makers indicated flexibility on the application of a new bank tax in Cyprus.
WTI Oil Trades Near Highest in 2 Weeks, OPEC Boosts Shipments
Bloomberg reported that West Texas Intermediate oil has traded near highest since the first of March and is headed for a second advance in 2 weeks. The Organization of Petroleum Exporting Countries (OPEC) will also increase shipments by 300,000 barrels/day, which totals 23.75 million barrels daily.
WTI Oil Trades Highest in 2 Weeks, Shrinks Discount to Brent
Bloomberg reported that West Texas Intermediate oil shrunk its discount to Brent to lowest level in 7 weeks as it traded near the highest level since the beginning of March.
Crude Volatility Falls as Oil Advances for Fourth Day
Bloomberg reported that crude options volatility fell at 18.22% as futures advanced for the fourth straight day.
West Texas Climbs to Highest Level in Week as OPEC Increases Demand Forecast
Bloomberg reported that West Texas Intermediate futures rose to 0.5% in New York to one-week high as OPEC raised its demand forecast.
Crude Oil Options Volatility Up as Oil Falls Highest in Two Months
Bloomberg reported that crude oil options volatility rose above 21% for the first time since January 16th, as oil futures fell the highest in two months.
Crude Oil Options Dip the Highest Since May
Bloomberg reported that crude oil options have sunk the most since May 2 at 21.66% as of 3:40PM on the New York Mercantile Exchange amid a better-than-expected U.S. jobs report.
Oil Dips After a 3-Month High as U.S. Unemployment Claims Increase
Bloomberg reported that crude drops from a three-month high as 372,000 Americans filed for jobless claims last week.
Crude, Heating Oil Increase on Service Expansion: Oil Products
Bloomberg reports that Crude oil, heating oil and gasoline advanced more than 1 percent.
