Page 170 - Texas Intermediate News Today

West Texas Intermediate (WTI) oil prices decline after two consecutive days of gains, with trading around $78.30 per barrel during the Asian session on Wednesday.

Asian stocks were largely muted on Wednesday after the release of lacklustre consumer confidence data, with comments from US Federal Reserve officials and fresh economic figures due later in the day.

Asian stocks were largely muted on Wednesday after the release of lacklustre consumer confidence data, with comments from US Federal Reserve officials and fresh economic figures due later in the day.Later Wednesday, investors will be looking out for comments from three Fed officials, which could offer fresh insights into the US central bank's rate cut outlook.

LONDON: Oil prices pulled back on Wednesday as the prospect of delays to US interest rate cuts and a rise in US...

Brent crude futures fell 76 cents to $82.89 a barrel by 1227 GMT, while U.S. West Texas Intermediate futures were down 83 cents at $78.04

By Anthony Harrup U.S. crude oil inventories rose more than expected last week in a fifth consecutive build, while gasoline and distillate fuel stocks decreased, according to data released...

At 09:35 a.m. ET, the Dow Jones Industrial Average was down 0.53 per cent, the S&P 500 was down 0.29 per cent, the Nasdaq Composite was down 0.42 per cent

West Texas Intermediate (WTI) US Crude Oil found further room on the top end on Wednesday, briefly climbing above $79.00 before getting pulled back down by another surprise buildup in US Crude Oil inventories according to the Energy Information Administration (EIA).

Crude and refined product futures fell across the board Wednesday as a solid increase in U.S. crude inventories outweighed initial optimism over expectations that OPEC and its allies would extend...

WTI futures traded around $79.14 per barrel, as of 9 a.m. ET. That’s an increase of 1.54% in the last 24 hours.