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WTI bounces off weekly low towards $64 00 despite API inventory build

WTI bounces off weekly low towards $64 00 despite API inventory build
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WTI refreshes weekly low under $60 00 on API inventory build, OPEC+ comments

Mar 2, 2021 22:57 GMTFXStreet News WTI stays depressed while extending three-day downtrend to the lowest since February 22. API Weekly Crude Oil Stock grew past-1.026M prior to 7.356M for the week ended on February 26. OPEC+ raised doubts on the latest price rally. EIA data, risk catalysts and further updates from OPEC+ will be the key. WTI remains on the back-foot for the fourth consecutive day while declining to $59.40 during the initial Asian session on Wednesday. The energy benchmark recently dropped on the private inventory data while comments from the OPEC+ and an absence of the risk-on mood earlier weighed on the black gold.

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WTI drops towards $61 00 on API inventory build, US dollar recovery ahead of EIA data

WTI drops from $61.89 to $61.06, currently around $61.20, at the end of Tuesday’s settlement, early Wednesday morning in Asia. The oil benchmark recen

New yorkUnited statesSaudi arabiaCapitol hillDistrict of columbiaJerome powellAli khameneiEnergy information administrationNew york postAmerican petroleum instituteWeekly crude oil stockCrude oil stockSupreme leader ayatollah ali khameneiFed chair jerome powellபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்

USD/CAD pares early losses, turns flat near 1 2740

The USD/CAD pair dropped to its lowest level in nearly two weeks at 1.2710 on Tuesday but reversed its direction ahead of the American session. As of

United statesWeekly crude oil stockOptimism indexWest texas intermediateCrude oil stockஒன்றுபட்டது மாநிலங்களில்வாராந்திர கச்சா எண்ணெய் ஸ்டாக்நம்பிக்கை குறியீட்டுமேற்கு டெக்சாஸ் இடைநிலைகச்சா எண்ணெய் ஸ்டாக்