Today’s Market Trend

WTI crude prices have collapsed to just above $43/b this morning. Prices weakened yesterday, closing at $44.20/b. WTI opened at $44.11/b today, a drop of $0.57, or 1.28%, below yesterday’s opening price. Prices dove again in overnight and early morning trading. Current prices are $43.05/b, a significant drop of $1.15 from yesterday’s closing price. WTI […]

Today’s Market Trend

WTI crude prices are in the $44.50/b-$44.75/b range this morning. WTI opened at $44.68/b today, an increase of $0.43, or 0.97%, below Friday’s opening price. Current prices are $44.85/b, up by $0.11 from Friday’s closing price. Last week, WTI closed at $44.74/b, which was down $1.06 for the week. Today’s opening price was the lowest […]

Today’s Market Trend

WTI crude prices are in the $44.75/b-$45.00/b range this morning. This week brought a sharp collapse on Wednesday, a modest decline on Thursday, and a gradual strengthening this morning. WTI opened at $44.25/b today, a significant drop of $0.44, or 0.98%, below yesterday’s opening price. Current prices are $44.83/b, up by $0.37 from yesterday’s closing […]

Weekly Price Review

Oil prices declined significantly this week, for the third week in a row. This week, U.S. and global supply-demand fundamentals were weak, and prices dropped anew. WTI is below the $45/b level for the first time since mid-November, 2016. WTI opened at $44.25/b today, a significant drop of $0.44, or 0.98%, below yesterday’s opening price. […]

Today’s Market Trend

WTI crude prices have fallen to the $44.50/b-$44.75/b range this morning, following another sharp collapse yesterday. WTI opened at $44.69/b today, a steep drop of $1.25, or 2.72%, below yesterday’s opening price. Current prices are $44.58/b, down by $0.15 from yesterday’s closing price. Diesel opened at $1.410/gallon this morning. This was a significant drop of […]

Today’s Market Trend

WTI crude prices are in the $46.00/b-$46.25/b range this morning. Yesterday, WTI prices strengthened midday, topping $46.50/b for a time and closing at $46.46/b. But prices subsided overnight and in early morning trading. WTI opened at $45.94/b today, down by $0.07, or 0.15%, below yesterday’s opening price. Current prices are $46.13/b, down by $0.33 from […]

Today’s Market Trend

WTI crude prices are in the $45.75/b-$46.00/b range this morning. Prices sagged below $46/b in early morning trading. Yesterday, WTI prices managed to maintain a net-positive position for the day, though gasoline and diesel both closed the day lower. WTI opened at $46.01/b today, an increase of $0.21, or 0.46%, above yesterday’s opening price. The […]

Today’s Market Trend

WTI crude prices have strengthened to $46.50/b this morning. WTI prices were flattish on Friday, but ended the day up by $0.12/b. The week ended $1.88/b in the red. WTI opened at $45.80/b today, an increase of $0.09, or 0.20%, above Friday’s opening price. Current prices are $46.50/b, up by $0.67 from Friday’s closing price. […]

Today’s Market Trend

WTI crude prices are down in the range of $45.40/b-$45.80/b this morning. WTI prices stagnated yesterday and closed at $45.64/b. WTI opened at $45.71/b today, a decline of $0.14, or 0.31%, below yesterday’s opening price. Current prices are $45.70/b, up by $0.06 from yesterday’s closing price. Diesel opened at $1.4225/gallon this morning. This was a […]

Weekly Price Review

Oil prices declined significantly this week, for the second week in a row. Many traders had hoped for a more dramatic outcome from the May 25th OPEC-NOPEC meeting, and prices began to falter when the group stayed with the original idea of appending an extension to the existing production cut agreement. This week, the supply-demand […]

Market Condition Report - Disclaimer
The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

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