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Both Brent and WTI prices however are still down about for the year so far NeutralOil prices rose on Tuesday with traders waiting to see whether major producers agree to extend their huge output cuts to shore up prices at a virtual meeting expected later this week http://www.reuters.com/subjects/middle-east/article/us-global-oil/oil-prices-rise-ahead-of-opec-meeting-on-extended-output-cuts-idUSKBN2390252020-06-02
Spare capacity at Cushing should ease some concerns about deliverability under the NYMEX WTI futures contract and reduce the risk of extreme pricing dislocations and volatility NegativeLONDON U.S. petroleum inventories increased sharply last week as the fleet of tankers sent from Saudi Arabia at the height of the volume war started to discharge their crude while the recovery in domestic fuel use remained sluggish http://www.reuters.com/subjects/middle-east/article/us-oil-global-kemp/column-u-s-crude-stocks-swell-as-tankers-from-saudi-arabia-unload-kemp-idUSKBN2351Q42020-05-30
With WTI holding above will be closely watching to see whether U.S. oil shale oil producers who have breakeven prices in the high and low dollar range step up production NegativeOil prices slid for a second consecutive session on Thursday as U.S. industry data showed a steep and surprising buildup in crude stockpiles dampening hopes of a smooth demand recovery as the world begins to ease its way out of coronavirus lockdowns http://www.reuters.com/subjects/middle-east/article/us-global-oil/oil-drops-as-surprise-u-s-stock-build-douses-demand-recovery-hopes-idUSKBN2340382020-05-28
There was no WTI settlement on Monday because of the U.S. Memorial Day holiday NeutralOil prices climbed on Tuesday boosted by increasing faith in the market that producers will to stick to commitments to cut crude supply while demand picks up with more cars back on the road as coronavirus lockdowns are eased around the world http://www.reuters.com/subjects/middle-east/article/us-global-oil/oil-prices-rise-on-supply-cut-hopes-easing-of-coronavirus-lockdowns-idUSKBN23202P2020-05-26
For the week Brent and WTI gained and respectively but some said they may have come too far too fast PositiveNEW YORK Oil prices tumbled about on Friday on rising U.S.China tensions and doubts about how quickly fuel demand would recover from the coronavirus crisis http://www.reuters.com/subjects/middle-east/article/us-global-oil/oil-falls-on-china-u-s-tensions-energy-demand-doubts-idUSKBN22Y04E2020-05-23
WTI rallies on growing demand as lockdowns ease Positiveoil gold settlement http://www.reuters.com/finance/markets/article/global-markets/global-markets-euro-gains-on-eu-recovery-fund-plan-oil-climbs-idUSL1N2D11NO2020-05-20
as the WTI futures market avoided the chaos of last months May expiry when prices sank below zero NegativeSEOUL Oil prices rose on Wednesday amid signs of improving demand and a drawdown in U.S. crude inventories but worries over the economic fallout from the coronavirus pandemic capped gains http://www.reuters.com/subjects/middle-east/article/us-global-oil/oil-rises-on-signs-of-firmer-demand-fall-in-u-s-crude-stocks-idUSKBN22W0212020-05-20
It has taken WTI over two months to basically clean up the wreckage from the March said Bob Yawger director of energy futures at Mizuho in New York PositiveNEW YORK Oil prices on Monday jumped to their highest in over two months on positive early results on a potential coronavirus vaccine optimism about a resumption in economic activity and signs producers were following through on planned output reductions http://www.reuters.com/subjects/middle-east/article/us-global-oil/oil-jumps-to-two-month-high-on-easing-lockdowns-positive-vaccine-results-idUSKBN22U0332020-05-19
July WTI CLN0 was the more actively traded U.S. futures contract with volumes in the secondmonth contract outpacing the frontmonth for several days now NeutralNEW YORK Oil prices on Monday jumped to their highest in over two months on positive early results on a potential coronavirus vaccine optimism about a resumption in economic activity and signs producers were following through on planned output reductions http://www.reuters.com/subjects/middle-east/article/us-global-oil/oil-jumps-to-two-month-high-on-easing-lockdowns-positive-vaccine-results-idUSKBN22U0332020-05-19
Much of the earlier buying which started in late March was concentrated in WTI driven by the expectation prices had reached unsustainably low levels NeutralMay 18 column with no changes http://www.reuters.com/finance/markets/article/global-oil-kemp/rpt-column-hedge-fund-petroleum-buying-falters-after-strong-rise-in-prices-kemp-idUSL8N2D03AZ2020-05-19
Sales were concentrated in Brent million U.S. diesel and European gasoil and were partially offset by purchases in NYMEX and ICE WTI and U.S. gasoline PositiveMay 18 column with no changes http://www.reuters.com/finance/markets/article/global-oil-kemp/rpt-column-hedge-fund-petroleum-buying-falters-after-strong-rise-in-prices-kemp-idUSL8N2D03AZ2020-05-19
The rally in the June WTI CLM0 contract which will expire on Tuesday suggested last months historic plunge to a barrel would not be repeated NeutralNEW YORK Oil prices on Monday jumped to their highest in over two months on positive early results on a potential coronavirus vaccine optimism about a resumption in economic activity and signs producers were following through on planned output reductions http://www.reuters.com/subjects/middle-east/article/us-global-oil/oil-jumps-to-two-month-high-on-easing-lockdowns-positive-vaccine-results-idUSKBN22U0332020-05-19
Oil prices rose on the announcements with the benchmark Brent and WTI futures paring earlier loses to trade at a barrel and NegativeDUBAI Saudi Arabia will voluntarily deepen oil output cuts from June as low oil prices are causing huge pain to the kingdoms budget and global demand remains weak due to lockdowns to contain the coronavirus pandemic http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil-saudi/saudi-arabia-deepens-oil-cuts-as-weak-demand-weighs-on-prices-idUSKBN22N2072020-05-11
Both contracts are heading for a second week of gains after the lows of April when U.S. oil crashed below zero with Brent up around and WTI about higher NegativeTOKYO Oil prices gained on Friday as more countries began relaxing restrictions put in place to halt the coronavirus pandemic raising hopes that demand for crude and its products will start to pick up http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-rises-as-coronavirus-curbs-ease-setting-stage-for-demand-boost-idUSKBN22K05R2020-05-08
That was the highest close for Brent since April 20 and WTI since April 16 NeutralNEW YORK Oil prices jumped on Thursday after several producers said they would cut output and as signs the U.S. crude glut was not growing as quickly as many had feared brought an upbeat close to one of the most volatile months for oil trading in history http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-surge-on-last-day-of-roller-coaster-month-idUSKBN22C0882020-05-01
Oilfocused exchangetraded products including the biggest U.S. oil ETP the United States Oil Fund LP also face potential steep losses due to the WTI price drop NegativeIndustrial and Commercial Bank of China has suspended access for new investors to retail products linked to commodity futures due to extreme market volatility including U.S. oil futures crashing below zero http://www.reuters.com/places/chinahttps://www.reuters.com/article/us-china-icbc-oil/chinas-icbc-closes-commodity-linked-products-to-new-investment-idUSKCN2291IF2020-04-28
Cushing the delivery point for WTI was full as of midApril although traders said all available space was already leased PositiveSINGAPORE Oil prices fell on Monday on signs that worldwide oil storage is filling rapidly raising concerns that production cuts will not come fast enough to fully offset the collapse in demand from the coronavirus pandemic http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-skid-on-oversupply-storage-capacity-fears-idUSKCN2280TP2020-04-27
Oil futures marked their third straight week of losses last week and have fallen for eight of the past nine with Brent ending down and WTI off around NegativeSINGAPORE Oil prices fell on Monday on signs that worldwide oil storage is filling rapidly raising concerns that production cuts will not come fast enough to fully offset the collapse in demand from the coronavirus pandemic http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-skid-on-oversupply-storage-capacity-fears-idUSKCN2280TP2020-04-27
BoCs crude oil or treasure is a structured product marketed to retail investors that is directly linked to domestic and foreign crude oil futures contracts including WTI and Brent PositiveBEIJING Bank of China said on Friday it was deeply disturbed by the losses of investors who had invested in its crude oil futures trading product and would work to protect their interests http://www.reuters.com/places/chinahttps://www.reuters.com/article/us-china-bank-of-china-oil/bank-of-china-deeply-disturbed-about-investors-loss-on-oil-products-idUSKCN2262IF2020-04-25
I think both BoC and CME have a responsibility in said Zhang referring to CME Group which owns the New York Mercantile Exchange where WTI futures trade PositiveChinese investors who traded Bank of Chinas crude oil futures trading product are crying foul over the banks decision to settle the trades at historic negative prices claiming the bank should have done more to protect their interests http://www.reuters.com/places/chinahttps://www.reuters.com/article/us-china-bocom-oil/as-chinese-banks-halt-open-positions-for-oil-products-investors-cry-foul-idUSKCN2251SA2020-04-24
However outside of China is where the lesson of the WTI debacle are likely to become more acute for Asia NegativeLAUNCESTON Australia The unprecedented collapse in U.S. oil futures into negative territory is an event that has little direct relevance for the industry in Asia but still holds vast significance for the worlds biggest crudeimporting region http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-column-russell-oil-asia/is-the-wti-crude-fiasco-relevant-to-asia-not-yet-but-risks-loom-russell-idUSKCN2250G22020-04-23
Inventories at the Cushing Oklahoma delivery hub for WTI are nearly full at almost 60 million barrels with much of the rest leased already PositiveNEW YORK Brent crude oil rebounded from two days of losses and U.S. futures surged on Wednesday bolstered by tentative talk of additional supply cuts from OPEC producers and U.S. inventory builds that were less dire than some expected http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/brent-crude-rebounds-from-more-than-20-year-low-u-s-oil-up-20-in-wild-trade-idUSKCN2240552020-04-23
Since the start of the year Brent has fallen about while WTI has dropped around NegativeNEW YORK Brent crude oil rebounded from two days of losses and U.S. futures surged on Wednesday bolstered by tentative talk of additional supply cuts from OPEC producers and U.S. inventory builds that were less dire than some expected http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/brent-crude-rebounds-from-more-than-20-year-low-u-s-oil-up-20-in-wild-trade-idUSKCN2240552020-04-23
The U.S. WTI futures collapsed below a barrel on Monday for the first time because of a supply glut after restrictions to prevent the spread of the coronavirus hit demand NegativeBank of China Ltd said its main investors will settle trades for its crude oil futures trading product at http://www.reuters.com/places/chinahttps://www.reuters.com/article/us-china-bank-of-china-oil/bank-of-china-says-main-investors-to-settle-crude-oil-product-at-37-idUSKCN2240AM2020-04-23
After April 21 the last trading day of the May contract the physical reality of a still massively oversupplied oil market will likely exert downward pressure on the June WTI contract NegativeA historic rout in oil markets sent U.S. crude prices plummeting to as much as minus a barrel on Monday as traders rushed to get rid of unwanted stocks with storage capacity already overflowing amid a coronavirusinduced demand collapse http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil-analysts/analyst-view-oil-price-crash-what-next-idUSKCN2233A92020-04-22
Brent falls below June WTI at NegativeAsian shares hit 2week low as caution grows on economy http://www.reuters.com/finance/markets/article/global-markets/global-markets-asia-stocks-fall-after-u-s-crude-collapses-for-second-day-idUSL3N2CA0QP2020-04-22
The main U.S. storage hub in Cushing Oklahoma delivery point for WTI is expected to be full within weeks PositiveNEW YORK Brent oil futures prices plunged again on Tuesday extending oil market panic into a second day with no end in sight to a swelling global crude glut as the coronavirus pandemic has obliterated demand for fuel http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/brent-oil-futures-plunge-as-growing-glut-feeds-market-panic-idUSKBN22230I2020-04-22
The historic drop in WTI prices is an indication of the downward pressure which many other crude oil grades could face given the oversupply situation NegativeA historic rout in oil markets sent U.S. crude prices plummeting to as much as minus a barrel as traders rushed to get rid of unwanted stocks with storage capacity already overflowing amid a coronavirusinduced demand collapse http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil-analysts/analyst-view-oil-price-crash-what-next-idUSKBN2230KW2020-04-21
The extreme contango in WTI also tells us that no one in America wants oil in the Oandas senior market analyst Jeffrey Halley said NeutralSINGAPORE Crude oil futures fell on Monday with U.S. futures dropping more than to levels unseen since 1999 amid concerns that U.S. storage facilities will soon be brimful with demand evaporating due to the coronavirus pandemic http://www.reuters.com/finance/article/us-global-oil/u-s-oil-falls-more-than-10-to-lows-not-seen-since-1999-idUSKBN2210V92020-04-20
May WTI futures slumped nearly on the week based on last Thursdays settle while Brent dropped nearly NegativeNEW YORK Oil prices were mixed on Friday with weak Chinese economic figures and rapidly filling U.S. crude storage offsetting bullishness built on U.S. President Donald Trumps outlines for the U.S. economy to emerge from the coronavirus shutdown http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-mixed-as-weak-chinese-data-growing-u-s-supplies-offset-trump-plan-to-ease-lockdown-idUSKBN21Z05D2020-04-18
Both Brent LCOc1 and WTI CLc1 have lost more than half of their value this year NegativeThe minimal impact on oil prices from a global deal for record output cuts showed that oil producers have a mountain to climb if they are to restore market balance as the coronavirus shreds demand and sends stockpiles soaring industry watchers said http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil-opec-market/record-oil-output-cuts-fail-to-make-waves-in-coronavirus-hit-market-idUSKCN21V09I2020-04-14
BofA reduced its 2020 price forecasts to per barrel for Brent and for WTI and said it expected both benchmarks would trade in the teens in coming weeks NegativeNEW YORK Global oil benchmark Brent crude plunged to its cheapest level in almost 18 years on Monday and U.S. crude briefly tumbled below a barrel as investors faced the growing prospect that the global coronavirus shutdown could last for months further squeezing demand for fuel http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/another-plunge-takes-crude-benchmarks-to-lowest-levels-since-2002-idUSKBN21G0XR2020-03-31
Early in the session both Brent and WTI were trading up over NeutralNEW YORK Oil prices rose modestly on Tuesday but settled off the days highs as the coronavirus pandemics heavy toll on demand offset hopes for a forthcoming trillion U.S. economic relief package http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-little-changed-as-falling-demand-offsets-hopes-of-u-s-aid-package-idUSKBN21915O2020-03-25
WTI crude volatility will remain high and traders should not be surprised if this rally eventually gets faded NegativeOil prices rose on Tuesday on hopes that the United States will reach a deal soon on a trillion coronavirus aid package which could blunt the economic impact of the outbreak and in turn support oil demand http://www.reuters.com/places/africa/article/us-global-oil/oil-prices-climb-as-u-s-ramps-up-economic-support-measures-idUSKBN21915O2020-03-24
Some Canadian crude is already trading not far off per barrel because of steep price discounts to U.S. benchmark WTI crude NegativeLONDON The oil market could see a record supply surplus in April as coronavirus wipes out demand and big producers pump more creating a global glut that threatens to overwhelm storage capacity within months and force widespread industry shutdowns analysts said on Wednesday http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-health-coronavirus-oil-surplus/oil-industry-may-fill-global-storage-in-months-as-record-glut-builds-idUSKBN2152WK2020-03-19
U.S. West Texas Intermediate crude at East Houston or WTI MEH flipped to trade at a discount to benchmark U.S. crude this week traders said NeutralYORK Crude oil traders from West Africa to the U.S. Gulf Coast are offering cargoes at deep discounts desperately trying to attract buyers as global supplies swell and demand plunges http://www.reuters.com/places/africa/article/us-global-oil-cargoes/glut-of-crude-swells-across-atlantic-basin-on-coronavirus-opec-hikes-idUSKBN2153PM2020-03-19
Brents premium over WTI WTCLc1LCOc1 has narrowed sharply to 67 cents a barrel reaching levels not seen since November 2016 NeutralNEW YORK Crude oil prices settled below a barrel on Tuesday as the coronavirus pandemic slowed economic growth and oil demand while Saudi Arabia and Russia kept up their battle for market share http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/brent-crude-sinks-below-30-a-barrel-as-recession-fears-weigh-idUSKBN2140A22020-03-18
Another popular U.S. export grade WTI at East Houston known as MEH has also slumped to the weakest since July 2018 NeutralU.S. crude exports are set to plunge by about 1 million barrels per day in April and May sources at the biggest merchants in the country said on Friday as Saudi Arabia floods the market with discounted oil http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil-exports/u-s-crude-exports-to-drop-by-one-million-barrels-per-day-on-saudi-oil-tsunami-sources-idUSKBN21035C2020-03-14
Both Brent and WTI are down over so far this year NeutralNEW YORK Brent slid to its biggest daily loss in more than 11 years on Friday after Russia balked at OPECs proposed steep production cuts to stabilize prices hit by economic fallout from the coronavirus and OPEC responded by removing limits on its own production http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-takes-biggest-daily-dive-in-over-a-decade-as-russia-opec-split-idUSKBN20T0902020-03-07
Brent and WTI have each fallen about from their 2020peak reached in January NegativeSINGAPORE Oil prices jumped 1 http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-rises-as-opec-moves-closer-toward-deeper-output-cut-idUSKBN20R0BA2020-03-04
In the five trading sessions through Thursday Brent has dropped while WTI has declined 10 NegativeTOKYO Oil prices fell for a fifth day on Thursday to their lowest since January 2019 as a growing number of new coronavirus cases outside of China fuelled fears of a pandemic which could slow the global economy and lower crude demand http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-falls-for-fifth-day-on-demand-concerns-as-coronavirus-spreads-idUSKCN20L08P2020-02-27
Investors unwound short positions after WTI dipped below a key support level of as they have done a few times earlier this said Hideshi Matsunaga analyst at Sunward Trading PositiveTOKYO Crude prices inched higher on Wednesday as investors covered short positions after three sessions of losses and eyed potential supply cuts even as fears of a coronavirus pandemic deepened http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-rises-on-short-covering-hopes-for-deeper-output-cut-by-opec-idUSKCN20K08N2020-02-26
Brent and WTI have fallen more than from their January peak because of the disease outbreak NegativeNEW YORK Oil prices edged higher on Thursday as investors hoped the worlds biggest producers would cut output more while they largely shrugged off forecasts of slumping demand due to the coronavirus outbreak in top oil importer China http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-climb-on-prospects-for-deeper-opec-output-cuts-idUSKBN20707C2020-02-14
Lower fuel demand expectations have shifted the market structure for both Brent and WTI into a contango where prompt prices are lower than those for later dates NegativeNEW YORK Oil prices edged higher on Thursday as investors hoped the worlds biggest producers would cut output more while they largely shrugged off forecasts of slumping demand due to the coronavirus outbreak in top oil importer China http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-climb-on-prospects-for-deeper-opec-output-cuts-idUSKBN20707C2020-02-14
Brent and WTI have fallen more than from their 2020peak in January because of the disease outbreak NegativeSEOUL Oil prices were mixed on Thursday as concerns about falling demand caused by travel restrictions tied to the coronavirus outbreak in China the worlds biggest oil importer outweighed expectations of supply cuts from major producers http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-mixed-as-demand-concerns-outweigh-output-cut-expectations-idUSKBN20707C2020-02-13
Both Brent and WTI are currently down by more than from this years peak on Jan NeutralSINGAPORE Oil prices rose on Tuesday matching moves in other financial markets as investors regained calm after Mondays sharp selloff on fears of the impact of the China coronavirus on demand for fuel sent crude to its lowest level in more than a year http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-rebound-from-china-virus-slump-amid-ginger-recovery-across-markets-idUSKBN1ZY07W2020-02-04
Brent crude prices LCOc1 are currently trading around per barrel and U.S. WTI at around at per barrel NeutralBarclays said on Tuesday oil prices will be impacted by per barrel on the potential economic fallout from the coronavirus outbreak in China http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-oil-research-barclays-coronavirus/barclays-sees-2-bbl-impact-to-oil-prices-as-virus-fears-threaten-demand-idUSKBN1ZR0DO2020-01-28
The bank sees a per barrel downside to their fullyear Brent and WTI forecasts of per barrel and per barrel respectively NegativeBarclays said on Tuesday oil prices will be impacted by per barrel on the potential economic fallout from the coronavirus outbreak in China http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-oil-research-barclays-coronavirus/barclays-sees-2-bbl-impact-to-oil-prices-as-virus-fears-threaten-demand-idUSKBN1ZR0DO2020-01-28
Brent has gained about in 2019 and WTI has risen their best yearly gains in three years Positivegold oil settlement http://www.reuters.com/finance/markets/article/global-markets/global-markets-stocks-end-2019-near-record-highs-dollar-slides-idUSL1N2950J02020-01-01





SentenceSentimentTitleUrlDate
Were near the top of trading ranges for both Brent and WTI so its interesting to see them holding said Michael McCarthy chief market analyst at CMC Markets in Sydney PositiveSINGAPORE Oil prices remained in touching distance of threemonth peaks on Thursday extending a robust streak that began a week ago after data showed U.S. crude inventories had dropped while output cuts by major producers kept supply snug http://www.reuters.com/finance/article/us-global-oil/oil-prices-surf-near-three-month-highs-after-u-s-crude-inventories-fall-idUSKBN1YN08B2019-12-19
If WTI goes up to per barrel there will be more one of the sources familiar with OPEC talks said warning against much steeper output cuts NegativeOPEC and its allies plan to deepen oil cuts and have the deal in place so it runs at least until June 2020 as Saudi Arabia wants to deliver a positive surprise to the market before the listing of Saudi Aramco two sources familiar with the talks said http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-oil-opec/saudi-arabia-wants-opec-to-deepen-oil-cuts-due-to-aramco-ipo-idUSKBN1Y60SG2019-12-03
Cushing is the delivery point for WTI futures NeutralNEW YORK Oil prices fell on Friday pulling back from twomonth highs as concern over U.S.China trade talks overshadowed expectations of an extension to production cuts http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-pulls-back-from-two-month-highs-on-china-trade-worries-idUSKBN1XW0652019-11-23
The WTI Houston contract is based on assessments from price reporting agency Argus Media NeutralYORK The booming U.S. oil sector is seeing a surge in hedging by producers against drops in regional crude prices to protect revenues from oil sold out of Midland Texas or delivered to terminals in Houston after relying for decades on global benchmarks http://www.reuters.com/finance/markets/article/us-usa-oil-derivatives/as-u-s-crude-oil-goes-global-hedging-goes-local-idUSKBN1XH0KK2019-11-07
Traders said the Marketlink disruption pressured U.S. crude prices lower by making it harder to move oil out of the Cushing storage hub the delivery point for WTI crude contracts Negativegold oil settlement http://www.reuters.com/finance/markets/article/global-markets/global-markets-stocks-fall-from-20-month-highs-on-trade-talk-concerns-idUSL2N27G1JE2019-11-01
Still WTI time spreads CLc1CLc2 have been pressured by continuing inventory builds in Cushing Oklahoma the delivery point for U.S. crude futures PositiveNEW YORK Oil prices extended their gains on Thursday with Brent rising above a barrel as a surprise drop in U.S. crude inventories and the prospect of further marketsupporting action by OPEC and its allies offset some concern over the outlook for demand http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-extends-gains-despite-weak-demand-outlook-idUSKBN1X203E2019-10-25
Brent has fallen from its April peak while WTI is down NegativeSEOUL Oil prices were little changed Tuesday as lingering worries over a global economic slowdown that could hurt oil demand offset some signs of progress in U.S.China trade talks http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-steady-on-weak-demand-concerns-despite-u-s-china-trade-optimism-idUSKBN1X101F2019-10-22
WTI was down 5 NeutralSINGAPORE Oil futures were higher ahead of the weekend but remained on track for large weekly losses on fears that slower global economic growth will hurt fuel demand even as Saudi Arabia said it has fully restored oil output after recent attacks http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-climbs-but-still-set-for-big-weekly-loss-over-demand-worries-idUSKBN1WJ04N2019-10-04
What were hearing from our customers around the world is they want pure Midland WTI said Ben Luckock cohead of oil trading at Trafigura PositiveNEW Decades ago a distiller in Scotland discovered the marketing power of single whisky untouched by blending a technique now being embraced by sellers of Texas crude oil http://www.reuters.com/finance/article/us-usa-crude-corpus-christi/like-fine-whisky-texan-oil-exporters-tout-unblended-crude-idUSKBN1W809R2019-09-23
That was the biggest daily percentage increase for WTI since July 10 PositiveNEW YORK Oil prices rose more than on Wednesday boosted by a wider market pickup on positive news from China after three days of losses due to fears about a weakening global economy http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-rise-over-4-on-positive-economic-data-from-china-idUSKCN1VP0BV2019-09-05
Brent prices reverse to trade WTI little changed Neutralprices adds http://www.reuters.com/finance/markets/article/global-markets/global-markets-safe-havens-rise-as-recession-concerns-trigger-easing-bets-idUSL2N25G10W2019-08-21
The most recent week saw portfolio managers sell Brent million U.S. gasoline U.S. heating oil and European gasoil while buying NYMEX and ICE WTI PositiveLONDON Hedge fund managers remain deeply divided about what matters more for the future direction of oil intensifying fears about a global recession or Saudi Arabias production cuts and other supply disruptions http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/uk-oil-prices-kemp/column-hedge-funds-polarised-on-oil-by-economy-and-supply-threats-idUSKCN1V21HE2019-08-13
WTI was in the red in post settle trading NeutralNEW YORK The dollar index hit a more than 2year high and stocks tumbled after Federal Reserve Chairman Jerome Powell said Wednesdays 25basispoint rate cut was not the same as the beginning of a lengthy easing cycle http://www.reuters.com/subjects/euro-zonehttps://www.reuters.com/article/us-global-markets/dollar-jumps-stocks-fall-after-fed-rate-outlook-pound-stalls-idUSKCN1UQ03E2019-08-01
Despite the gains in prices Brent is set to ease in July due to ongoing worries about demand heading for a decline of about while WTI is down 1 cent NegativeTOKYO Oil prices rose for a fifth day on Wednesday buoyed by a biggerthanexpected drop in U.S. inventories and as investors awaited a widely expected cut in interest rates by the Federal Reserve the first in more than 10 years http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-gains-a-fifth-day-after-u-s-stockpile-drop-amid-rate-optimism-idUSKCN1UQ0432019-07-31
For the month however both contracts were still set to decline due to lingering worries about oil demand with Brent down over and WTI down less than NegativeNEW YORK Oil prices rose about to a twoweek high on Tuesday on optimism the U.S. Federal Reserve will cut interest rates this week for the first time in more than 10 years boosting demand expectations in the worlds biggest oil user http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-rises-on-expectations-of-fed-rate-cut-another-u-s-crude-drawdown-idUSKCN1UP01E2019-07-31
We believe oil prices should stabilize in the WTI range allowing U.S. shale to continue to grow but at a lower rate than last two years PositiveOPEC ministers on Monday agreed to extend the oil producers group supply cuts until early 2020 to prop up crude prices and offset the risk of a market glut amid growing U.S. output and a weakening global economy http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-oil-opec-instant/instant-view-opecs-nine-month-oil-output-curb-boosts-price-outlook-shale-idUSKCN1TW3QU2019-07-02
U.S. WTI crude futures rose 72 cents to settle at NeutralNEW YORK A gauge of world equity markets slid and the dollar traded near breakeven on Wednesday over growing concerns about the latest U.S.China trade talks and as the United States moved closer to raising tariffs on billion worth of Chinese imports http://www.reuters.com/places/chinahttps://www.reuters.com/article/us-global-markets/global-stocks-slip-on-u-s-china-trade-concerns-bonds-fall-idUSKCN1SE01Y2019-05-09
Additional buying was sparked after WTI broke through a barrel in early afternoon trade said Bob Yawger director of energy futures at Mizuho in New York PositiveNEW YORK Oil futures edged higher in volatile trade on Monday as rising tensions between the United States and Iran buoyed prices after they touched a onemonth low following U.S. President Donald Trumps threat that he may raise tariffs on Chinese goods http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-bounces-up-on-iran-concern-after-touching-one-month-low-on-trade-tensions-idUSKCN1SC00P2019-05-07
story corrects to 2 million barrels of WTI crude in last paragraph not 1 million barrels each of WTI and Southern Green Canyon NeutralSINGAPORE Chinas Unipec the trading arm of Asias largest refiner Sinopec is set to receive its first U.S. crude oil cargo this week since halting imports from the country in September two sources with knowledge of the matter said on Tuesday http://www.reuters.com/places/chinahttps://www.reuters.com/article/us-china-usa-oil/chinas-unipec-set-to-receive-first-u-s-oil-cargo-since-september-sources-idUSKCN1RZ0D52019-04-23
29 a barrel the highest point they reached in 2018 while WTI may climb to PositiveSINGAPORE Oil prices jumped on Monday as the United States looked set to announce that all buyers of Iranian oil must end their imports or be subject to sanctions http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-climb-as-u-s-set-to-end-iran-sanction-waivers-idUSKCN1RY00J2019-04-22
As a result Brent prices have risen by more than a third since January and WTI by more than 40 percent PositiveThe United States is expected to announce on Monday that buyers of Iranian oil need to end imports soon or face sanctions a source familiar with the situation told Reuters triggering a 3 percent jump in crude prices to their highest for 2019 so far http://www.reuters.com/places/brazil/article/us-usa-iran-oil/u-s-prepares-to-end-iran-oil-waivers-asian-buyers-to-be-hardest-hit-idUSKCN1RX0R12019-04-22
As a result Brent prices have risen by more than a third this year while WTI has climbed more than 40 percent over the same period PositiveSINGAPORE Oil prices jumped on Monday as the United States looked set to announce that all buyers of Iranian oil must end their imports or be subject to sanctions http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-climb-as-u-s-set-to-end-iran-sanction-waivers-idUSKCN1RY00J2019-04-22
Long positions in Brent and WTI outnumber short ones by a ratio of almost up from less than at the start of January NeutralLONDON Kemp is a Reuters market analyst http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-oil-prices-kemp/hedge-funds-oil-positions-start-to-look-stretched-kemp-idUSKCN1RR1JV2019-04-16
Portfolio managers have raised their combined net long position in Brent and WTI in 11 out of the last 13 weeks by a total of 397 million barrels PositiveLONDON Kemp is a Reuters market analyst http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-oil-prices-kemp/hedge-funds-oil-positions-start-to-look-stretched-kemp-idUSKCN1RR1JV2019-04-16
As a result Brent and WTI crude oil futures have risen by around 30 percent and 40 percent respectively since the start of the year PositiveSINGAPORE Oil prices inched up on Wednesday amid supply cuts by producer group OPEC and U.S. sanctions on oil exporters Iran and Venezuela but pressured by expectations that an economic slowdown could soon dent fuel consumption http://www.reuters.com/places/africa/article/us-global-oil/oil-edges-up-amid-tightening-supply-but-economic-slowdown-weighs-idUSKCN1RM0312019-04-10
WTI has not seen the same strength NeutralSINGAPORE Oil prices inched up on Wednesday amid supply cuts by producer group OPEC and U.S. sanctions on oil exporters Iran and Venezuela but pressured by expectations that an economic slowdown could soon dent fuel consumption http://www.reuters.com/places/africa/article/us-global-oil/oil-edges-up-amid-tightening-supply-but-economic-slowdown-weighs-idUSKCN1RM0312019-04-10
Brent and WTI futures have risen by 40 percent and 30 percent respectively since the start of the year PositiveSINGAPORE Oil prices rose to fresh 5month highs on Tuesday as markets tightened amid OPECled supply cuts U.S. sanctions against Iran and Venezuela and escalating violence in Libya http://www.reuters.com/places/africa/article/us-global-oil/oil-prices-hover-near-five-month-highs-as-global-markets-tighten-idUSKCN1RL03J2019-04-09
Brent has gained nearly 30 percent this year while WTI has risen nearly 40 percent underpinned by production cuts and U.S. sanctions against Iran and Venezuela NegativeTOKYO Oil prices fell on Friday with Brent slipping away from the mark reached the previous day pulled down by worries about progress in the U.S.China trade talks http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-dip-amid-economic-concerns-but-on-track-for-weekly-gain-idUSKCN1RH0432019-04-05
Still Brent is heading for a second week of gains while WTI is on track for a fifth consecutive weekly rise PositiveTOKYO Oil prices fell on Friday with Brent slipping away from the mark reached the previous day pulled down by worries about progress in the U.S.China trade talks http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-dip-amid-economic-concerns-but-on-track-for-weekly-gain-idUSKCN1RH0432019-04-05
U.S. WTI crude oil futures were up 1 NegativeEuropean stocks rise after Asian rally http://www.reuters.com/finance/markets/article/global-markets/global-markets-stocks-greet-sign-of-trade-truce-extension-with-glee-idUSL5N20843F2019-02-14
WTI is the new dated said a senior crude trader referring to the U.S and European benchmarks NegativeYORK When the global oil trading industry gathered for its biggest annual meeting in Asia in September last year U.S. oil producing companies came well prepared http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-oil-europe-usa-analysis/with-iran-squeezed-out-u-s-oil-takes-on-new-rivals-in-europe-idUSKCN1Q019W2019-02-12
WTI was by far the most popular U.S. grade among European buyers in 2018 followed by Midland Eagle Ford Bakken and Mars PositiveYORK When the global oil trading industry gathered for its biggest annual meeting in Asia in September last year U.S. oil producing companies came well prepared http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-oil-europe-usa-analysis/with-iran-squeezed-out-u-s-oil-takes-on-new-rivals-in-europe-idUSKCN1Q019W2019-02-12
WTI prices were also weighed down by the closure of a 120000barrelsperday crude distillation unit at Phillips 66s Wood River Illinois refinery following a fire on Sunday NegativeSINGAPORE Oil prices fell by around 1 percent on Monday as drilling activity in the United States the worlds largest oil producer picked up and financial markets were pulled down by trade concerns http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-fall-as-u-s-rig-count-rise-trade-concerns-idUSKCN1Q00132019-02-11
WTI which also hit its ninth straight day of gains beat a 2010 record PositiveNEW YORK Oil prices fell nearly 2 percent on Friday as investors worried about a global economic slowdown snapping a nineday winning streak spurred by U.S.China trade hopes but clung to some gains from that rally to end the week higher http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-falls-nearly-2-percent-amid-global-economy-concerns-but-ends-week-higher-idUSKCN1P502M2019-01-12
23 a barrel and U.S. WTI was down at NeutralDollar index near threemonth low key govt bond yields slip http://www.reuters.com/finance/markets/article/global-markets/global-markets-stocks-rally-splutters-as-trade-talks-data-disappoint-idUSL8N1ZA49U2019-01-11
13 percent the first time this year that WTI has topped NegativeLONDON Oil prices climbed 2 percent on Wednesday as the extension of U.S.China talks in Beijing raised hopes that the worlds two largest economies would resolve their trade standoff http://www.reuters.com/finance/article/us-global-oil/oil-rises-2-percent-on-u-s-china-trade-talk-optimism-idUSKCN1P302J2019-01-09
Commoditylinked currencies are performing strongly as a he said noting that the WTI futures had tried but were not able to cross the psychologicallyimportant level during the previous trading session NegativeAussie loonie Norwegian crown gain http://www.reuters.com/finance/markets/article/global-forex/forex-commodity-linked-currencies-gain-on-china-u-s-trade-hopes-idUSL3N1Z91O92019-01-09
Markets are finding comfort in the fact that the trading level of WTI futures has shifted above a said Yukio Ishizuki senior currency strategist at Daiwa Securities NegativeAussie loonie Norwegian crown gain http://www.reuters.com/finance/markets/article/global-forex/forex-commodity-linked-currencies-gain-on-china-u-s-trade-hopes-idUSL3N1Z91O92019-01-09
4 while WTI futures were at NeutralLAUNCESTON Australia opinions expressed here are those of the author a columnist for Reuters http://www.reuters.com/places/africa/article/us-column-russell-crude-china-usa/u-s-crude-starting-to-seep-back-to-china-but-needs-lower-price-russell-idUSKCN1P116W2019-01-08
Comparing WTI Houston to Girassol shows that the Angolan grade traded at a small premium on Jan NegativeLAUNCESTON Australia opinions expressed here are those of the author a columnist for Reuters http://www.reuters.com/places/africa/article/us-column-russell-crude-china-usa/u-s-crude-starting-to-seep-back-to-china-but-needs-lower-price-russell-idUSKCN1P116W2019-01-08
The small price advantage for the physical WTI is not enough to overcome the higher cost of a longer voyage to Asia meaning that U.S. crude is currently uncompetitive NegativeLAUNCESTON Australia opinions expressed here are those of the author a columnist for Reuters http://www.reuters.com/places/africa/article/us-column-russell-crude-china-usa/u-s-crude-starting-to-seep-back-to-china-but-needs-lower-price-russell-idUSKCN1P116W2019-01-08
WTI Houston was at NeutralLAUNCESTON Australia opinions expressed here are those of the author a columnist for Reuters http://www.reuters.com/places/africa/article/us-column-russell-crude-china-usa/u-s-crude-starting-to-seep-back-to-china-but-needs-lower-price-russell-idUSKCN1P116W2019-01-08





SentenceSentimentTitleUrlDate
Brent and WTI have lost more than a third of their value since the beginning of October and are heading for declines of more than 20 percent in 2018 NegativeNEW YORK Oil prices fell on Thursday retreating from an 8 percent rally in the previous session as the oil market focused on signs of faltering global economic growth and record production of crude http://www.reuters.com/finance/article/us-global-oil/oil-prices-slide-as-concerns-about-global-economy-oversupply-weigh-idUSKCN1OQ01W2018-12-28
The decision is likely to be met with support from some U.S. producers who were concerned that without a deal WTI prices would fall further possibly curtailing 2019 drilling activity NegativeOPEC and its Russialed allies moved closer on Friday to clinching a deal that would cut oil production by more than the market had expected despite pressure from U.S. President Donald Trump to reduce the price of crude http://www.reuters.com/places/russia/article/us-oil-opec-analysts/analyst-view-opec-allied-exporters-to-cut-crude-output-by-1-2-million-bpd-idUSKBN1O61W62018-12-08
SINGAPORE Oil prices fell by more than 1 percent on Tuesday with Brent crude sliding below and WTI below per barrel after U.S. President Donald Trump put pressure on OPEC not to cut supply to prop up the market PositiveSINGAPORE Oil prices fell by more than 1 percent on Tuesday with Brent crude sliding below and WTI below per barrel after U.S. President Donald Trump put pressure on OPEC not to cut supply to prop up the market http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-fall-as-trump-counters-opec-plan-to-cut-supply-idUSKCN1NI01G2018-11-13
Oil drops on Iran sanction WTI near 7month low NegativeAsian shares China and techs weaker Nikkei rises http://www.reuters.com/finance/markets/article/global-markets/global-markets-stocks-dollar-hunker-down-for-u-s-midterm-elections-idUSL8N1XH2P72018-11-07
WTIs weekly gain was about 1 NeutralNEW YORK Crude futures steadied on Friday after climbing to fouryear highs earlier this week and both Brent and U.S. crude marked weekly gains ahead of U.S. sanctions on Iranian oil exports http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-mark-weekly-gain-ahead-of-iran-sanctions-idUSKCN1MF0102018-10-06
HOUSTON Indian buyers reduced U.S. crude purchases and loaded up on Iranian oil ahead of the restart of U.S. sanctions next month and as the WTIBrent differential narrowed according to traders and shipping intelligence firm Kpler NegativeHOUSTON Indian buyers reduced U.S. crude purchases and loaded up on Iranian oil ahead of the restart of U.S. sanctions next month and as the WTIBrent differential narrowed according to traders and shipping intelligence firm Kpler http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-usa-crude-exports/u-s-oil-exports-fall-as-india-turns-to-iran-ahead-of-sanctions-idUSKCN1ME2LK2018-10-05
Open interest in December 2018 WTI calls CL1000L8 which expire in midNovember has risen to the highest in over four months at about 15000 lots NegativeNEW Oil traders have piled into wagers that U.S. crude oil could surge to a barrel by next year a milestone that until recently many considered unthinkable due to record U.S. production growth and relatively flat global demand http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-usa-oil-prices/traders-bet-on-oil-at-100-as-iran-sanctions-loom-idUSKCN1ME0C22018-10-04
Brent and WTI earlier this week both reached levels last seen in November 2014 and the two contracts have risen by around 20 and 17 percent respectively since midAugust NegativeSINGAPORE Oil prices were firm on Wednesday on expectations of tighter markets once U.S. sanctions target Irans petroleum industry from next month although a strong dollar and rising U.S. crude supply curbed gains http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-firm-on-iran-sanctions-but-rising-u-s-supply-and-strong-dollar-weigh-idUSKCN1MD03G2018-10-03
WTI has risen around 18 percent since midAugust PositiveSINGAPORE U.S. oil prices hit their highest level since November 2014 on Tuesday and Brent crude was also near a fouryear peak reached the previous day with markets preparing for tighter supply once U.S. sanctions against Iran kick in next month http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/u-s-oil-hits-four-year-peak-ahead-of-sanctions-on-iran-idUSKCN1MC0582018-10-02
Oil exporters will take advantage of the looming discount with heightened buying activities on the WTI Benjamin Lu from Philip Futures said in note NegativeBEIJING Oil prices inched up on Friday with investors trying to gauge the potential impact on supply from looming sanctions by the United States on Irans crude exports http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-edge-up-amid-uncertainty-over-fallout-from-iran-sanctions-idUSKCN1M80532018-09-28
Bank of America Merrill Lynch has lifted its average Brent price forecast for 2019 from per barrel to while it increased its WTI crude oil forecast by to per barrel NegativeSINGAPORE Oil prices on Tuesday were within reach of fouryear highs hit in the previous session as looming U.S. sanctions against Iran and unwillingness by the Organization of the Petroleum Exporting Countries to raise output supported the market http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-near-four-year-high-as-producers-resist-output-rise-to-offset-iran-sanctions-idUSKCN1M501Z2018-09-25
WTI oil jumps as strong demand adds to supply concerns Positiveoil gold settlement http://www.reuters.com/finance/markets/article/global-markets/global-markets-stocks-rally-for-a-second-day-setting-aside-trade-fears-idUSL2N1W51A22018-09-20
37 a barrel while WTI crude prices may revisit the Sept NegativeBEIJING Oil markets fell on Tuesday as the latest escalation in the SinoU.S. trade war clouded the outlook for crude demand from the two countries which are the worlds top two oil consumers http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-drop-as-escalating-u-s-china-trade-war-clouds-demand-outlook-idUSKCN1LY02X2018-09-18
37 a barrel while WTI crude prices may revisit their Sept NegativeOil markets slipped on Tuesday as the latest escalation in the SinoU.S. trade war clouded the outlook for crude demand from the two countries the worlds top crude consumers http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-fall-as-u-s-china-trade-war-clouds-demand-outlook-idUSKCN1LY02X2018-09-18
8 percent gain this week while WTI is on track for a 1 NeutralTOKYO Oil on Friday clawed back some of its losses from the previous session when prices fell the most in a month as concerns about oil supply are countering worries that emerging market crises and trade disputes could dent demand http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-claw-back-on-supply-concerns-though-but-demand-worries-drag-idUSKCN1LU06A2018-09-14
WTI was pushed over during the previous session due to falling crude inventory and production levels NegativeSINGAPORE Oil prices fell on Thursday reversing some of the strong gains from the previous session as economic concerns raised doubts about ongoing fuel demand growth http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-slips-as-economic-concerns-counter-tightening-supplies-idUSKCN1LT02A2018-09-13
For the week WTI was set to lose more than 3 NegativeNEW YORK Oil prices fell on Friday for the third straight session weighed down by a strong dollar weakness in the equity markets and Tropical Storm Gordons smallerthanexpected impact on U.S. Gulf Coast oil production http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-falls-with-weaker-equities-stronger-dollar-idUSKCN1LN03Q2018-09-07
Among the three major crude benchmarks WTI Brent and Shanghai Chinas frontmonth crude futures now make up a share of almost 15 percent in terms of monthly volumes NegativeSINGAPORE Oil markets held steady on Friday supported by looming U.S. sanctions against Irans oil exports and falling Venezuelan output but held back by concerns the trade war between the United States and China could intensify http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-stable-as-iran-sanctions-loom-but-trade-wars-weigh-idUSKCN1LG07I2018-08-31
At the same time WTI delivered at the Magellan East Houston terminal as assessed by Argus Media was at NegativeLAUNCESTON Australia One of the side effects of President Donald Trumps escalating trade dispute with China is that U.S. exports of crude oil to the worlds biggest importer are now viewed through the prism of politics http://www.reuters.com/places/chinahttps://www.reuters.com/article/us-column-russell-crude-china/chinas-falling-u-s-crude-imports-may-have-more-to-with-money-than-politics-russell-idUSKCN1LC0F62018-08-27
In the physical market the difference between oil linked to WTI and oil linked to Brent wasnt quite as stark but was nonetheless in favor of the U.S. grades NeutralLAUNCESTON Australia One of the side effects of President Donald Trumps escalating trade dispute with China is that U.S. exports of crude oil to the worlds biggest importer are now viewed through the prism of politics http://www.reuters.com/places/chinahttps://www.reuters.com/article/us-column-russell-crude-china/chinas-falling-u-s-crude-imports-may-have-more-to-with-money-than-politics-russell-idUSKCN1LC0F62018-08-27
This means that Chinese refiners could buy WTI at a substantial discount to Brent in the paper market which would encourage them to take physical cargoes from the U.S. Gulf PositiveLAUNCESTON Australia One of the side effects of President Donald Trumps escalating trade dispute with China is that U.S. exports of crude oil to the worlds biggest importer are now viewed through the prism of politics http://www.reuters.com/places/chinahttps://www.reuters.com/article/us-column-russell-crude-china/chinas-falling-u-s-crude-imports-may-have-more-to-with-money-than-politics-russell-idUSKCN1LC0F62018-08-27
WTI is heading for a 3 NeutralSINGAPORE Oil prices rose on Friday as U.S. sanctions on Iran are expected to cut significant volumes of crude from the market http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-rise-as-u-s-sanctions-on-iran-cloud-supply-outlook-idUSKCN1L904B2018-08-24
In U.S. oil markets a decline in commercial crude inventories provided WTI with stronger support than Brent NegativeSINGAPORE International oil prices slipped on Thursday weighed down by the escalating trade dispute between the United States and China although a decline in U.S. commercial crude inventories offered some support http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/international-oil-prices-slip-as-trade-spat-escalates-u-s-crude-stock-drop-supports-idUSKCN1L801X2018-08-23
For the week Brent is set for a near 2 percent fall while WTI is heading for a drop of nearly 3 percent NeutralSINGAPORE Oil prices dipped on Friday on worries that an escalating trade dispute between Washington and Beijing will stall economic growth and demand for fuel even as renewed U.S. sanctions against Iran are expected to tighten supplies http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-dips-on-trade-dispute-but-iran-sanctions-tighten-outlook-idUSKBN1KV0622018-08-10
Open interest across the first five months of the Brent and WTI contracts and is relatively evenly spread out PositiveBEIJING Shanghai International Energy Exchange is asking futures brokers to help boost trading volumes and liquidity in its nascent crude oil futures trade as the first contract heads for expiry later this month two sources said http://www.reuters.com/places/chinahttps://www.reuters.com/article/us-china-oil-futures/shanghais-ine-looks-to-brokers-to-boost-oil-futures-volumes-sources-idUSKBN1KN08G2018-08-02
That complicates efforts to trade spreads between Brent WTI and Shanghai NeutralBEIJING Shanghai International Energy Exchange is asking futures brokers to help boost trading volumes and liquidity in its nascent crude oil futures trade as the first contract heads for expiry later this month two sources said http://www.reuters.com/places/chinahttps://www.reuters.com/article/us-china-oil-futures/shanghais-ine-looks-to-brokers-to-boost-oil-futures-volumes-sources-idUSKBN1KN08G2018-08-02
TOKYO Oil prices rose on Monday with U.S. benchmark WTI moving higher after four weeks of declines but gains were limited as the fallout from trade tensions weighed on markets NegativeTOKYO Oil prices rose on Monday with U.S. benchmark WTI moving higher after four weeks of declines but gains were limited as the fallout from trade tensions weighed on markets http://www.reuters.com/finance/markets/article/us-global-oil/oil-prices-mixed-brent-eases-as-trade-tensions-weigh-idUSKBN1KK0322018-07-30
TOKYO Oil prices were mixed on Monday with U.S. benchmark WTI nudging higher after four weeks of declines while Brent began the week lower as the fallout from trade tensions weighed on markets NegativeTOKYO Oil prices were mixed on Monday with U.S. benchmark WTI nudging higher after four weeks of declines while Brent began the week lower as the fallout from trade tensions weighed on markets http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-mixed-brent-eases-as-trade-tensions-weigh-idUSKBN1KK0322018-07-30
WTI was initially supported by official data showing U.S. crude oil inventories last week tumbled more than expected to their lowest level since 2015 NegativeLONDON Brent crude prices rose on Thursday after Saudi Arabia suspended its oil shipments through a Red Sea strait in response to an attack on two of the countrys tankers http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/brent-oil-rises-as-saudi-arabia-suspends-some-shipments-idUSKBN1KG02X2018-07-26
Allardyce said we could see this knocking per barrel off Brent and perhaps squeezing the WTI discount a little Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-gain-on-lower-u-s-crude-inventories-libyan-disruption-idUSKBN1JG01I2018-06-20
The independent show of WTI strength is merely a catchup process to the higher priced products and Brent Jim Ritterbusch president of Ritterbusch and Associates said in a note Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-mixed-as-dollar-gains-and-key-opec-meeting-looms-idUSKBN1JA0332018-06-15
JP Morgan cut its 2018 crude forecast for WTI by to Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-extended-losses-on-after-jp-morgan-cuts-forecast-idUSKCN1J403W2018-06-08
The surge in U.S. production has pulled down U.S. WTI crude into a steep discount versus Brent to more than per barrel its steepest since 2015 Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-falls-on-dip-in-china-demand-surging-u-s-output-idUSKCN1J403W2018-06-08
The surge in U.S. production has pulled down WTI into a discount versus Brent of more than a barrel its steepest since 2015 Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-extended-losses-on-after-jp-morgan-cuts-forecast-idUSKCN1J403W2018-06-08
The prices have bounced back since with the WTI gaining 0 Neutralhttp://www.reuters.com/finance/markets/article/global-markets/global-markets-strong-fundamentals-support-asian-shares-euro-yields-up-after-ecb-comments-idUSL3N1T90642018-06-07
05 a barrel while WTI may test a support zone of Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-rises-on-expected-stockpile-drop-but-u-s-output-possible-opec-increase-drag-idUSKCN1J10322018-06-05
Earlier WTI hit a session low of Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/brent-near-one-month-low-after-u-s-asks-opec-for-more-oil-idUSKCN1J10322018-06-05
Last week WTI lost around 3 percent adding to a near 5percent decline from a week before Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/crude-oil-prices-ease-on-prospects-of-higher-world-supplies-idUSKCN1J000K2018-06-04
LONDON The spread between Brent crude oil futures contracts and U.S. WTI hit a fresh threeyear high on Friday with the latter set for a second consecutive week of declines as U.S. oil output comes close to matching that of top producer Russia Negativehttp://www.reuters.com/places/russia/article/us-global-oil/brent-premium-over-wti-hits-new-three-year-high-idUSKCN1IX3952018-06-01
WTI CLc1 gained 11 cents to stand at Neutralhttp://www.reuters.com/places/russia/article/us-global-oil/oil-prices-steady-amid-u-s-supply-growth-opec-uncertainty-idUSKCN1IX3952018-06-01
The spread between Brent and WTI stands at about Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-falls-as-investors-brace-for-output-increases-idUSKCN1IU02M2018-05-29
The spread between Brent and WTI stands at around Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-mixed-but-pressure-builds-on-expected-crude-output-increase-idUSKCN1IU02M2018-05-29
The spread between Brent and WTI stands at nearly a barrel its widest since March 2015 because of the depressed price of U.S. crude compared with Brent Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/brent-crude-pares-losses-but-specter-of-output-boost-remains-idUSKCN1IU02M2018-05-29
Brent and WTI have fallen by 6 percent and 8 Negativehttp://www.reuters.com/places/russia/article/us-global-oil/oil-falls-as-opec-russia-look-to-raise-output-amid-u-s-surge-idUSKCN1IT0152018-05-28
Brent and WTI have respectively fallen by 5 Negativehttp://www.reuters.com/finance/markets/article/global-oil/oil-prices-fall-as-supply-from-top-3-producers-set-to-rise-idUSL5N1SY0UX2018-05-28
WTI hits 6week low on expectations OPEC will ease output curbs Negativehttp://www.reuters.com/finance/markets/article/global-markets/global-markets-oil-sinks-while-stocks-gain-on-north-korea-euro-shaken-by-italy-idUSL3N1SZ1RP2018-05-28
77 a barrel and WTI U.S. crude fell 1 Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-markets/shares-sink-as-u-s-north-korea-meeting-axed-trade-fears-hurt-autos-idUSKCN1IP02O2018-05-24
BrentWTI spread near widest in three years Negativehttp://www.reuters.com/finance/markets/article/global-oil/corrected-update-4-oil-slips-further-below-80-a-barrel-as-focus-on-opec-intensifies-idUSL3N1SV1PP2018-05-24
These factors have helped push Brent and WTI to multiyear highs with Brent breaking through an threshold last week for the first time since November 2014 Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-slips-further-below-80-a-barrel-as-focus-on-opec-intensifies-idUSKCN1IP04N2018-05-24
WTI crude CLc1 futures were down 27 cents or 0 Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-drop-on-expectations-opec-could-boost-output-idUSKCN1IP04N2018-05-24
Growing production of shale oil could curb oil prices eventually and widen the price spread between WTI and Brent crude oil said Nunan Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-firm-with-brent-nearing-80-on-supply-worries-idUSKCN1IN04E2018-05-22
China pushing to denominate imports in other currencies has launched yuan crude futures which could eventually become a global price benchmark alongside Brent and WTI crude Positivehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-forex-iran-sanctions-factbox/factbox-iran-sanctions-risk-highlights-dollars-hegemony-in-world-markets-idUSKCN1II25V2018-05-17
WTI traded at Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-hits-new-multi-year-high-above-80-bbl-on-iran-concerns-idUSKCN1II03A2018-05-17
The worlds biggest importer of crude oil China hopes the Shanghai contract will eventually rival international benchmarks Brent LCOc1 and benchmark WTI CLc1 Negativehttp://www.reuters.com/places/chinahttps://www.reuters.com/article/us-iran-nuclear-china-oil/chinas-crude-oil-futures-boom-amid-looming-iran-sanctions-idUSKCN1IF0SD2018-05-14
Brent WTI crude oil futures mark highest since Nov 2014 Negativehttp://www.reuters.com/finance/markets/article/global-oil/oil-prices-hit-highest-in-years-as-markets-adjust-to-looming-sanctions-on-iran-idUSL3N1SH1EO2018-05-10
Monday was the first time since November 2014 that WTI had climbed above per barrel Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-reach-highest-since-november-2014-on-venezuela-iran-worries-idUSKBN1I801Z2018-05-07
The slightly rise in prices came after WTI on Friday hit its highest level since November 2014 Neutralhttp://www.reuters.com/finance/markets/article/global-oil/oil-prices-near-2014-highs-as-iran-tensions-keep-market-on-edge-idUSL3N1SE06B2018-05-07
As a result of a gradually tightening market Brent and U.S. WTI crude hit their highest since November 2014 in April at Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-oil-prices/opec-discipline-healthy-demand-likely-to-power-oil-rally-through-2018-idUSKBN1I10VP2018-04-30
Brent prices have risen nearly 11 percent so far this year while WTI prices are up 12 Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-oil-prices/opec-discipline-healthy-demand-likely-to-power-oil-rally-through-2018-idUSKBN1I10VP2018-04-30
5 percent this week its third consecutive weekly gain while WTI posted a weekly loss of about 0 Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-inches-down-but-brent-ends-week-firmer-on-iran-concerns-idUSKBN1HY03U2018-04-28
5 percent while WTI is set to drop 0 Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-edge-lower-but-concerns-persist-about-iran-supplies-idUSKBN1HY03U2018-04-27
This month WTI has gained around 4 Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-inch-down-but-gain-support-from-iran-concerns-idUSKBN1HY03U2018-04-27
Dutch bank ING said the wide discount for WTI to Brent saw exports rising 582000 bpd weekonweek to a record high of 2 Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-rise-on-iran-sanctions-worries-falling-venezuelan-output-idUSKBN1HX04V2018-04-26
Soaring U.S. output has made WTI crude around per barrel cheaper than Brent and drawn exports to record highs Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-gains-as-concern-heats-up-over-iran-sanctions-venezuelan-output-idUSKBN1HX04V2018-04-26
The soaring U.S. output has made WTI crude around per barrel cheaper than Brent the international benchmark for oil prices Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-rise-on-iran-sanctions-worries-falling-venezuelan-output-idUSKBN1HX04V2018-04-26
WTIs discount to Brent WTCLc1LCOc1 widened to as much as Neutralhttp://www.reuters.com/finance/markets/article/global-markets/global-markets-asian-shares-spooked-by-rising-u-s-yields-cost-worries-idUSL3N1S21KM2018-04-25
On Thursday WTI rose to its strongest since Nov Neutralhttp://www.reuters.com/finance/article/us-global-markets/google-helps-stock-markets-recover-oil-stretches-above-75-idUSKBN1HV01Z2018-04-24
WTIs discount to Brent WTCLc1LCOc1 was as wide as Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-steadies-after-brent-tops-75-on-supply-cuts-iran-sanctions-threat-idUSKBN1HV03J2018-04-24
Cargoes of WTI were offered in Rotterdam at premiums of around 5060 cents a barrel above dated Brent cheaper than Forties premium of 75 cents to dated Negativehttp://www.reuters.com/places/africa/article/us-usa-oil-europe/trumps-revenge-u-s-oil-floods-europe-hurting-opec-and-russia-idUSKBN1HU1QK2018-04-23
The most popular U.S. grades in Europe are WTI Light Louisiana Sweet Eagle Ford Bakken and Mars Positivehttp://www.reuters.com/places/africa/article/us-usa-oil-europe/trumps-revenge-u-s-oil-floods-europe-hurting-opec-and-russia-idUSKBN1HU1QK2018-04-23
WTI was available at 8090 cent premiums delivered to Italys Augusta well below offers of Azeri BTC at a premium of Neutralhttp://www.reuters.com/places/africa/article/us-usa-oil-europe/trumps-revenge-u-s-oil-floods-europe-hurting-opec-and-russia-idUSKBN1HU1QK2018-04-23
After the presidents tweet Brent and WTI crude prices turned negative Negativehttp://www.reuters.com/finance/markets/article/us-usa-trump-oil/trump-says-will-not-accept-high-oil-prices-crude-dips-idUSKBN1HR1LP2018-04-20
As a result of a gradually tightening market both Brent and WTI hit their highest levels since November 2014 earlier this week at Neutralhttp://www.reuters.com/finance/markets/article/global-oil/oil-remains-close-to-late-2014-highs-as-ongoing-supply-cuts-reduce-inventories-idUSL3N1RX1902018-04-20
Brent WTI this week reached highest levels since November 2014 Negativehttp://www.reuters.com/finance/markets/article/global-oil/oil-remains-close-to-late-2014-highs-as-ongoing-supply-cuts-reduce-inventories-idUSL3N1RX1902018-04-20
Brent and WTI hit their highest levels since November 2014 on Thursday earlier this week at Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-falls-after-trump-criticizes-opec-for-artificially-high-prices-idUSKBN1HR0552018-04-20
WTI had earlier hit Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-at-fresh-highs-on-saudi-seeking-price-hike-u-s-stocks-draw-idUSKBN1HQ0282018-04-19
WTI had earlier scaled to Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-near-3-1-2-year-highs-as-saudi-backs-higher-prices-u-s-stocks-draw-idUSKBN1HQ0282018-04-19
12 a barrel by 0941 GMT while U.S. WTI crude futures CLc1 were up 60 cents at Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-gains-after-drop-in-u-s-inventories-adds-to-supply-concerns-idUSKBN1HP0342018-04-18
ING raised its 2018 WTI forecast to Neutralhttp://www.reuters.com/finance/markets/article/global-oil/oil-prices-edge-up-on-lower-us-crude-inventories-global-supply-risks-idUSL3N1RV04B2018-04-18
The structure of the Brent and WTI forward price curve also points to a tighter market in 2018 Positivehttp://www.reuters.com/finance/markets/article/global-oil/oil-prices-edge-up-on-lower-us-crude-inventories-global-supply-risks-idUSL3N1RV04B2018-04-18
The structure of the Brent and WTI forward price curve also points to a tighter market this year than in 2019 Positivehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-rise-on-lower-u-s-crude-inventories-global-supply-risks-idUSKBN1HP0342018-04-18
U.S. WTI crude futures CLc1 rose 0 Negativehttp://www.reuters.com/finance/article/us-global-markets/stocks-set-for-biggest-weekly-gain-in-a-month-as-risk-appetite-returns-idUSKBN1HK02N2018-04-13
U.S. WTI crude futures CLc1 slipped 20 cents to Negativehttp://www.reuters.com/places/chinahttps://www.reuters.com/article/us-global-markets/stocks-pare-gains-on-uncertainties-over-trade-mixed-china-data-idUSKBN1HK02N2018-04-13
U.S. WTI crude futures slipped 17 cents to Negativehttp://www.reuters.com/finance/markets/article/global-markets/global-markets-stocks-cautious-on-trade-syria-anxiety-dollar-near-6-wk-highs-idUSL3N1RQ3312018-04-13
U.S. WTI crude futures stood at Negativehttp://www.reuters.com/finance/markets/article/global-markets/global-markets-stocks-bounce-as-trump-changes-tack-on-syria-earnings-hopes-idUSL3N1RQ07S2018-04-13
U.S. WTI crude futures were up 25 cents at Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-steady-near-three-year-highs-on-syria-tensions-tighter-supply-idUSKBN1HJ01E2018-04-13
U.S. WTI crude futures were down 20 cents at Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-edges-off-highs-but-geopolitical-tensions-loom-idUSKBN1HJ01E2018-04-12
For now traders watch the price differential between WTI and Londonbased Brent crude to determine where to ferry shipments globally Negativehttp://www.reuters.com/finance/markets/article/us-usa-oil-record-cushing-analysis/cushings-oil-market-clout-wanes-amid-u-s-export-boom-idUSKBN1HI0GE2018-04-11
Traders and major global crude buyers have advocated replacing WTI with a new benchmark futures contract that would reflect the value of crude delivered to the Gulf Coast Negativehttp://www.reuters.com/finance/markets/article/us-usa-oil-record-cushing-analysis/cushings-oil-market-clout-wanes-amid-u-s-export-boom-idUSKBN1HI0GE2018-04-11
JPMorgan said it expects Brent and WTI prices to average Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-rise-by-more-than-1-percent-on-hopes-u-s-trade-spat-with-china-may-ease-idUSKBN1HH0462018-04-10
U.S. WTI crude futures CLc1 were up 25 cents at Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-edges-up-but-u-s-china-trade-tensions-curb-gains-idUSKBN1HG01Q2018-04-09
U.S. WTI crude futures CLc1 were up 96 cents at Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-rises-but-u-s-china-trade-tensions-remain-a-concern-idUSKBN1HG01Q2018-04-09
WTIs discount to Brent recently has widened to its largest since January reflecting some of the investor caution over rapidly expanding U.S. output WTCLc1LCOc1 Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-rallies-as-stock-market-rebounds-idUSKBN1HG01Q2018-04-09
WTI and Brent had hit twoweek lows on Wednesday after China proposed a broad range of tariffs on US exports feeding fears of a trade war Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-steady-as-easing-u-s-china-tension-u-s-stockdraw-support-idUSKCN1HC04T2018-04-05
US WTI crude futures were last down Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-tumbles-after-china-slaps-tariffs-on-u-s-goods-idUSKCN1HA0562018-04-04
The two main existing benchmarks Brent and US light sweet crude also known as WTI are based on light lowsulphur crude oils Neutralhttp://www.reuters.com/places/chinahttps://www.reuters.com/article/us-oil-prices-kemp/chinas-crude-oil-futures-contract-should-confound-the-skeptics-idUSKCN1HA0402018-04-03
The frontmonth contract on the exchange is for September delivery which creates a mismatch between Brent and WTI which are both trading for May delivery as their frontmonth contracts Negativehttp://www.reuters.com/places/chinahttps://www.reuters.com/article/us-china-oil-futures/shanghai-oil-on-par-with-u-s-market-as-local-traders-bet-on-lower-prices-idUSKBN1H602E2018-03-30
WTI for May is currently trading at Neutralhttp://www.reuters.com/places/chinahttps://www.reuters.com/article/us-china-oil-futures/shanghai-oil-on-par-with-u-s-market-as-local-traders-bet-on-lower-prices-idUSKBN1H602E2018-03-30
Chinas new crude futures are unlikely to displace the Brent and WTI light sweet benchmarks in the United States and Europe Negativehttp://www.reuters.com/places/chinahttps://www.reuters.com/article/us-oil-prices-kemp/chinas-crude-oil-futures-contract-should-confound-the-skeptics-kemp-idUSKBN1H52AR2018-03-29
Despite this Brent remained below and WTI under per barrel weighed by rising crude inventories and production in the United States Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-rise-as-opec-seen-continuing-supply-cuts-through-2018-idUSKBN1H50AC2018-03-29
Goldman said Shanghai crude futures represented 3 percent of combined WTI and Brent trading volumes since its launch on March 26 Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-rise-as-opec-seen-continuing-supply-cuts-through-2018-idUSKBN1H50AC2018-03-29
The new crude contract has some distinctive characteristics and restrictions that have drawn adverse comment aims to challenge Brent WTI oil with crude futures Reuters March Negativehttp://www.reuters.com/places/chinahttps://www.reuters.com/article/us-oil-prices-kemp/chinas-crude-oil-futures-contract-should-confound-the-skeptics-kemp-idUSKBN1H52AR2018-03-29
The two main existing benchmarks Brent and US light sweet crude also known as WTI are based on light lowsulfur crude oils Neutralhttp://www.reuters.com/places/chinahttps://www.reuters.com/article/us-oil-prices-kemp/chinas-crude-oil-futures-contract-should-confound-the-skeptics-kemp-idUSKBN1H52AR2018-03-29
US WTI crude futures CLc1 were at Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-rise-as-opec-seen-continuing-supply-cuts-through-2018-idUSKBN1H50AC2018-03-29
US WTI crude futures were at Negativehttp://www.reuters.com/finance/markets/article/global-oil/oil-prices-rise-as-opec-seen-continuing-supply-cuts-through-2018-idUSL3N1RB1NL2018-03-29
WTI crude futures CLc1 fell 7 cents to Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-slip-as-u-s-supply-growth-offsets-opec-support-idUSKBN1H50AC2018-03-29
WTIs discount to Brent WTCLc1LCOc1 has grown to more than a barrel the biggest since January making Brentlinked crudes less attractive to refiners Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-rise-with-wall-street-u-s-crude-discount-widens-idUSKBN1H50AC2018-03-29
Buying WTI while selling Shanghai would effectively replicate in financial markets the surge in actual US crude exports to China seen in the last two years Negativehttp://www.reuters.com/places/chinahttps://www.reuters.com/article/us-china-oil-futures-explainer/explainer-shanghai-crude-futures-complete-globalization-of-oil-markets-idUSKBN1H41FX2018-03-28
For the moment it is looking like both WTI and Brent are said Greg McKenna chief market strategist at futures brokerage AxiTrader Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-fall-on-surprise-u-s-inventory-rise-china-crude-volatile-idUSKBN1H408B2018-03-28
That highlighted concerns among many traders about the setup of the contract with the exchange splitting trading into three slots punctuated by long breaks while Brent and WTI keep trading Negativehttp://www.reuters.com/places/chinahttps://www.reuters.com/article/us-china-crude-ine/heavy-night-time-volumes-crush-shanghai-oil-futures-idUSKBN1H40MO2018-03-28
US WTI crude futures dropped 0 Negativehttp://www.reuters.com/finance/markets/article/global-markets/global-markets-tech-problems-send-world-shares-skidding-again-idUSL8N1RA21F2018-03-28
WTI futures CLc1 were down 60 cents at Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-eases-back-from-2018-highs-above-70-a-barrel-idUSKBN1H408B2018-03-28
At one point WTI fell more than Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-drops-on-equity-weakness-surprise-api-build-idUSKBN1H30772018-03-27
In dollarterms Chinese crude prices are trading between Brent and WTI 6 Negativehttp://www.reuters.com/finance/markets/article/global-oil/oil-prices-rise-on-middle-east-tension-global-market-recovery-idUSL3N1R91F32018-03-27
4 percent and WTI rose 5 Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-dip-on-profit-taking-after-last-weeks-rally-idUSKBN1H204L2018-03-26
Brent and WTI in contrast were down by that time weighed down by concerns over a looming US trade dispute with China Negativehttp://www.reuters.com/places/chinahttps://www.reuters.com/article/us-china-oil-futures/shanghai-crude-oil-futures-roar-into-action-as-glencore-bags-first-trade-idUSKBN1H207T2018-03-26
Chinas crude futures kicked off to a roaring start on Monday as western traders and Chinese majors eagerly traded the worlds newest financial oil instrument which many expect to become a third global price benchmark alongside Brent and WTI crude Negativehttp://www.reuters.com/places/chinahttps://www.reuters.com/article/us-china-oil-futures/shanghai-crude-futures-roar-into-action-as-global-merchants-dominate-trade-idUSKBN1H207T2018-03-26
Prices assessed at the Shanghai exchange will reflect Chinas crude supply and said Gupta adding that its independence from movements in Brent and WTI could provide new arbitrage opportunities for Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-fall-as-u-s-trade-dispute-with-china-looms-idUSKBN1H204L2018-03-26
SINGAPORE Brent and WTI crude oil futures dipped on Monday as concerns of a looming trade dispute between the United States and China weighed on global markets Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-fall-as-u-s-trade-dispute-with-china-looms-idUSKBN1H204L2018-03-26
On the week WTI was up about 3 Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-rises-as-saudi-talks-about-extending-output-cuts-into-2019-idUSKBN1GY03D2018-03-23
On the week WTI was up about 4 Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-rises-on-saudi-talk-of-extending-output-cuts-into-2019-idUSKBN1GY03D2018-03-23
WTI traded between Neutralhttp://www.reuters.com/finance/markets/article/global-oil/update-9-oil-rises-to-3-week-high-on-mideast-tensions-venezuela-concerns-idUSL3N1R21PR2018-03-21
Brents current premium over WTI is almost per barrel Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-rise-on-middle-east-tension-falling-venezuela-output-idUSKBN1GW07J2018-03-20
Rising US oil output isnt just being refined at home either as WTIs widening discount to Brent makes US crude exports attractive Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-rise-on-middle-east-tension-falling-venezuela-output-idUSKBN1GW07J2018-03-20
The premium of Brent crude to WTI WTCLc1LCOc1 rose above a barrel on Tuesday Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-rises-to-three-week-high-on-middle-east-tensions-venezuela-concerns-idUSKBN1GW07J2018-03-20
The premium of Brent crude to WTI rose above a barrel on Tuesday its widest in a month Negativehttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-rises-to-march-high-on-middle-east-tensions-venezuela-concerns-idUSKBN1GW07J2018-03-20
Brent futures gained 1 percent for the week while WTI marked a weekly rise of 0 Neutralhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-rises-with-wall-street-heads-for-weekly-gain-idUSKCN1GS04C2018-03-16
Despite these increases Brent and WTI are on course for weekly declines of almost 1 percent and 1 NegativeSINGAPORE Crude oil futures rose on Friday as Asian stock markets gained on news that North Korean leader Kim Jong Un will meet with U.S. President Donald Trump http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-edges-up-as-u-s-president-trump-set-to-meet-north-koreas-kim-idUSKCN1GL07B2018-03-09
Still both Brent and WTI are on course for weekly losses of around 0 NeutralLONDON Crude oil futures rose on Friday after two days of selloffs amid optimism over a planned meeting between North Kim Jong Un and U.S. President Donald Trump http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-up-after-sell-offs-amid-optimism-about-trump-meeting-kim-idUSKCN1GL07B2018-03-09
in second paragraph settle price for WTI to NeutralNEW YORK Oil prices fell on Thursday headed for a second straight weekly drop on a stronger dollar signs of an inventory build at the U.S. storage hub in Cushing Oklahoma surging U.S. crude production and investor jitters about a potential trade war http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-falls-on-strong-dollar-signs-of-build-at-u-s-hub-idUSKCN1GK0502018-03-09
WTI also fell by more than 2 percent the previous session NegativeU.S. crude output reaches another record at 10 http://www.reuters.com/finance/markets/article/global-oil/oil-steadies-after-big-fall-but-soaring-us-crude-output-still-weighs-idUSL4N1QQ0MI2018-03-08
WTI notched its own sixday high at NeutralNEW YORK Oil prices rose on Tuesday supported by a weaker dollar but U.S. gains were limited by expectations for a weekly rise in U.S. crude stockpiles http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-edge-up-on-weak-dollar-ahead-of-u-s-inventory-data-idUSKBN1GI0652018-03-07
For the week Brent was down about 4 percent and WTI down more than 3 percent NegativeNEW YORK Oil prices rose on Friday as Wall Street stocks bounced off session lows but benchmark crude futures posted their first weekly decline in three weeks on fears U.S. plans to impose tariffs on steel and aluminum could squeeze economic growth and jitters about rising U.S. crude production http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-rises-as-wall-street-bounces-off-lows-crude-posts-weekly-loss-idUSKCN1GE02J2018-03-03
The premium of the Brent frontmonth contract over WTI WTCLc1LCOc1 briefly fell to its lowest since August before edging up by the market close NegativeNEW YORK Oil prices rose on Friday as Wall Street stocks bounced off session lows but benchmark crude futures posted their first weekly decline in three weeks on fears U.S. plans to impose tariffs on steel and aluminum could squeeze economic growth and jitters about rising U.S. crude production http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-rises-as-wall-street-bounces-off-lows-crude-posts-weekly-loss-idUSKCN1GE02J2018-03-03
A holiday in the United States on Monday meant that gains were being pushed into Tuesday for WTI traders said NegativeSINGAPORE Oil markets were split on Tuesday with U.S. crude still carrying momentum from gains due to a holiday on Monday while international Brent prices eased http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-markets-mixed-as-u-s-crude-brent-move-in-opposite-directions-idUSKCN1G404L2018-02-20
Ongoing supply reductions from Canada to the United States due to pipeline reductions were supporting WTI traders said NeutralSINGAPORE Oil markets were split on Tuesday with U.S. crude still carrying momentum from gains due to a holiday on Monday while international Brent prices eased http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-markets-mixed-as-u-s-crude-brent-move-in-opposite-directions-idUSKCN1G404L2018-02-20
The upside momentum since WTI hit last low of has been said Tetsu Emori CEO of Emori Capital Management in Tokyo NegativeTOKYO Oil prices extended gains to hit their highest level in nearly two weeks on Monday buoyed as Asian shares joined a global recovery in equity markets and as worries grew over tensions in the Middle East http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-hits-highest-in-nearly-two-weeks-on-asian-equity-recovery-idUSKCN1G300X2018-02-19
WTI gained 4 percent this week after losing nearly 10 percent last week NegativeNEW YORK Oil prices edged up on Friday as a rebound in the global equities market and a weak dollar supported recovery from last slide http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-gains-in-weekly-recovery-on-equities-rebound-weak-dollar-idUSKCN1G00432018-02-17
Those price moves cut the premium of Brent over WTI WTCLc1LCOc1 to its lowest in six months NeutralNEW YORK Oil markets were mixed on Thursday with Brent flat even though the dollar slid while US crude rose as investors covered short positions http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/brent-crude-settles-flat-u-s-oil-up-on-short-covering-idUSKCN1FZ06A2018-02-16
Both benchmarks fell for the fifth straight day the longest losing streak for Brent since November 2017 and for WTI since April 2017 NegativeNEW YORK Oil prices fell to their lowest in seven weeks on Thursday amid fears of rising global supplies after Iran announced plans to increase production and U.S. crude output hit record highs http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-hits-seven-week-low-on-expectations-of-higher-u-s-iran-output-idUSKBN1FS05E2018-02-09
WTI futures are an important component of physical oil prices in the Americas while Brent plays a vital role for prices for Middle Eastern European and Asian crude NeutralBEIJING China plans to launch its longawaited crude oil futures contract on March 26 the countrys securities regulator said on Friday a move that could potentially shake up pricing of the worlds largest commodity market http://www.reuters.com/places/chinahttps://www.reuters.com/article/us-china-oil-futures/china-plans-to-launch-crude-oil-futures-on-march-26-securities-regulator-idUSKBN1FT0P22018-02-09
US WTI prices have slid for four straight sessions down 6 percent in that time NegativeNEW YORK Oil prices fell to a onemonth low on Wednesday after U.S. data showed a build in inventories and record high crude production raising worries of more selling that could expose speculators with big bets on upward momentum in crude prices http://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-hits-one-month-low-on-u-s-crude-stocks-build-record-output-idUSKBN1FR0752018-02-07
WTI fell by 1 percent during the last week NegativeTOKYO Oil prices on Monday extended declines from the end of last week amid a wider market sell off and a stronger dollar with Brent crude falling to its lowest in nearly a monthhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-fall-amid-market-sell-off-brent-near-one-month-low-idUSKBN1FP0212018-02-05
A decade ago falling domestic production and a US ban on exports meant that WTI served mostly as a proxy for US inventory levels NegativeNEW YORK Surging shale oil production in Texas and North Dakota is being felt on trading desks in Chicago Houston and New York where a brisk business in West Texas Intermediate crude futures is far outpacing contracts for Londonbased Brent crudehttp://www.reuters.com/finance/article/us-usa-oil-record-markets/texas-shale-challenges-north-sea-crude-as-world-oil-benchmark-idUSKBN1FM0IG2018-02-02
Since 2011 trading volumes in WTI futures have risen by about 135 million contracts compared to an increase of about 109 million in Brent according to exchange data NegativeNEW YORK Surging shale oil production in Texas and North Dakota is being felt on trading desks in Chicago Houston and New York where a brisk business in West Texas Intermediate crude futures is far outpacing contracts for Londonbased Brent crudehttp://www.reuters.com/finance/article/us-usa-oil-record-markets/texas-shale-challenges-north-sea-crude-as-world-oil-benchmark-idUSKBN1FM0IG2018-02-02
You know more about what WTI will look like in the next five he said NeutralNEW YORK Surging shale oil production in Texas and North Dakota is being felt on trading desks in Chicago Houston and New York where a brisk business in West Texas Intermediate crude futures is far outpacing contracts for Londonbased Brent crudehttp://www.reuters.com/finance/article/us-usa-oil-record-markets/texas-shale-challenges-north-sea-crude-as-world-oil-benchmark-idUSKBN1FM0IG2018-02-02
The bank also raised its BrentWTI differential to Neutral Goldman Sachs raised its Brent crude price forecasts on Thursday saying oil markets have rebalanced six months sooner than expected citing steady demand growth and continuing compliance with OPECled supply cutshttp://www.reuters.com/subjects/banks/article/us-research-oil-goldmansachs/goldman-sachs-raises-oil-price-forecasts-on-speedy-market-rebalancing-idUSKBN1FL4QG2018-02-01
Prices of both WTI and Brent are still on track for a fifth month of gains NeutralTOKYO Oil prices fell for a third day on Wednesday after data from an industry body showed U.S. crude stocks rose more than expected last week while a selloff in other commodities stocks and bonds added to investors’ bearish moodhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-fall-for-third-day-as-u-s-inventory-build-up-weighs-idUSKBN1FK03W2018-01-31
7 percent weekly gain while WTI reached a weekly gain of 4 NegativeHOUSTON Oil prices settled higher on Friday after hitting threeyear highs with crude also posting a weekly gain as a weaker U.S. dollar underpinned priceshttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-settles-higher-posts-weekly-gain-as-weak-dollar-underpins-idUSKBN1FF05D2018-01-27
Brent was so far up 3 percent this week while WTI was on track for a weekly gain of 4 percent NeutralHOUSTON Oil prices rose on Friday after hitting fresh threeyear highs in the previous session as weakness in the dollar continued to underpin prices with crude on track for a weekly gainhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-rises-set-for-weekly-gain-as-weak-dollar-underpins-idUSKBN1FF05D2018-01-26
8 percent lower while WTI was down 1 NegativeHouston Oil prices ended down on Friday and broke a fourweek winning streak after a rally that had taken benchmarks to threeyear highs as investors sold positions on reemerging U.S. production concernshttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-fall-as-rally-falters-on-growing-u-s-output-concerns-idUSKBN1F805C2018-01-20
WTI marked a December2014 peak of PositiveHouston Oil prices slid 1 percent on Friday and were on track for the biggest weekly falls since October as a bounceback in U.S. production outweighed ongoing declines in crude inventorieshttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-fall-1-percent-as-growing-u-s-crude-output-weighs-idUSKBN1F805C2018-01-19
WTI marked it highest since December 2014 at PositiveSINGAPORE Oil prices were stable on Thursday supported by tighter inventories of crude as well as rebel threats of an attack on Nigeria’s petroleum industry but the market was weighed down by a reported rise in U.S. fuel stockshttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-stable-on-threats-of-rebel-attacks-in-nigeria-falling-u-s-crude-stocks-idUSKBN1F70532018-01-18
Money managers have raised bullish positions in WTI and Brent crude futures and options to a record according to the US Commodity Futures Trading Commission and the Intercontinental Exchange NegativeNEW YORK Oil prices edged higher on Wednesday ahead of the release of U.S. petroleum data that was expected to show a ninth straight weekly drawdown in crude inventorieshttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-up-modestly-ahead-of-u-s-weekly-inventory-figures-idUSKBN1F607G2018-01-17
5 per barrel WTI forecast for the coming it added NeutralSINGAPORE Brent crude oil prices held near $70 a barrel on Tuesday a level not seen since 2014’s dramatic market slumphttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-prices-near-three-year-highs-supported-by-healthy-demand-idUSKBN1F504R2018-01-16
WTI hit a December 2014 peak of NeutralLONDON Brent crude oil shed some of its recent gains by falling just over $1 a barrel on Tuesday but healthy demand underpinned prices near $70 a level not seen since 2014’s market slumphttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/brent-oil-falls-by-1-but-demand-underpins-near-70-barrel-idUSKBN1F504R2018-01-16
3 percent while WTI jumped 4 NeutralNEW YORK Oil prices rose for a sixth day on Friday after Russia’s oil minister said that global crude supplies were “not balanced yet” alleviating market concerns about a winddown of the OPECled deal to reduce productionhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-adds-to-rally-heads-for-fourth-week-of-gains-idUSKBN1F10572018-01-12
largest and most liquid oil futures WTI Brent and gasoil will stay in Europe and all energy trades including those moved to the US will still clear in London PositiveLONDON The Intercontinental Exchange one of the world’s biggest commodity exchanges is shifting the trading of some oil contracts to the United States the exchange said in a statement as customers balk at new European Union ruleshttp://www.reuters.com/subjects/euro-zonehttps://www.reuters.com/article/us-eu-markets-regulations-ice/ice-moves-some-oil-contracts-to-u-s-as-mifid-ii-takes-effect-idUSKBN1F01PN2018-01-11
29 a barrel its highest since May 2015 with US WTI crude doing the same as it rose to Negative* Yen rises after Bank of Japan trims JGB purchaseshttp://www.reuters.com/finance/markets/article/global-markets/global-markets-boj-bond-tweak-buoys-yen-stocks-rally-rumbles-on-idUSL8N1P43V42018-01-09
A slight dip in the amount of rigs in the United States drilling for new oil was supporting WTI traders said NegativeSINGAPORE U.S. oil prices hit their highest since 2015 again on Tuesday as speculators bet on further price rises amid OPECled production cuts and a dip in American drilling activity though some warned the rally could run out of steamhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/u-s-oil-prices-hit-highest-since-2015-but-doubts-loom-over-rally-idUSKBN1EY0592018-01-09
During the session WTI hit the highest since June 2015 while Brent touched its peak since May 2015 PositiveLONDON/NEW YORK Oil prices rose about 2 percent on Wednesday to the highest in 21/2 years with buying spurred by a sixth day of unrest in OPEC member Iran and strong economic data from the United States and Germanyhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-at-highest-in-two-and-a-half-years-on-iran-tensions-strong-demand-idUSKBN1ES0462018-01-04
As a result he said his bank saw lower crude prices by the end of the year with Brent at per barrel and WTI at NegativeSINGAPORE Oil prices on Wednesday dipped away from the mid2015 highs reached the previous session as high output in the United States and also Russia undermined ongoing efforts led by OPEC to tighten the markethttp://www.reuters.com/places/russia/article/us-global-oil/oil-prices-close-to-mid-2015-highs-but-doubts-over-further-rises-loom-idUSKBN1ES0462018-01-03
Since the start of the year Brent and WTI have risen by 17 and 12 percent respectively although the price rises from mid2017 are much stronger at nearly 50 percent NegativeSINGAPORE U.S. oil prices hit their highest levels since mid2015 on the final trading day of the year as an unexpected fall in American production and a fall in commercial crude inventories stoked buyinghttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/u-s-oil-prices-hit-highest-since-mid-2015-on-surprise-output-drop-idUSKBN1EN05I2017-12-29
Amid strong global demand and rising investor interest trading in crude derivatives is booming with annual Brent and spot WTI volumes hitting a new record in 2017 PositiveSINGAPORE Oil prices rose on Thursday lifted by strong data from top importer China amid thin trading activity ahead of the New Year weekendhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-near-mid-2015-highs-on-strong-china-data-tighter-2018-outlook-idUSKBN1EM04P2017-12-28
As new producers trade US crude futures and more hedge funds offer their services to producers WTI volumes have run away leaving Brent behind NegativeSINGAPORE Financial oil trading is booming hitting records this year with volumes in U.S. contracts outpacing growth elsewhere on the back of the U.S. shale oil boomhttp://www.reuters.com/finance/markets/article/us-oil-futures-trading/financial-oil-trading-booms-especially-in-the-united-states-idUSKBN1EM0GM2017-12-28
The previous day Brent broke through for the first time since June 2015 and WTI rose above a barrel for the first time since May 2015 NeutralCALGARY Alberta Oil prices dipped on Wednesday as a rally ran out of momentum a session after crude hit a near 21/2year high on supply outages in Libya and the North Seahttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-falls-from-2015-highs-as-rally-falters-idUSKBN1EL0452017-12-28
The trend is also showing in market open interest the number of daily open contracts across all months where WTI started edging ahead of Brent in September NegativeSINGAPORE Financial oil trading is booming hitting records this year with volumes in U.S. contracts outpacing growth elsewhere on the back of the U.S. shale oil boomhttp://www.reuters.com/finance/markets/article/us-oil-futures-trading/financial-oil-trading-booms-especially-in-the-united-states-idUSKBN1EM0GM2017-12-28
US exports to Asia have already increased with higher Middle East oil prices because of the OPECled output cuts and a wide WTIBrent spread NegativeDec 28 OPEC and Russia’s efforts to curb oil output combined with forecasts for strong global demand growth are expected to keep crude prices close to $60 a barrel in 2018 a Reuters poll of analysts showed on Thursdayhttp://www.reuters.com/places/russia/article/us-oil-prices/poll-supply-discipline-and-demand-to-prop-up-oil-prices-in-2018-idUSKBN1EM0YQ2017-12-28
WTI received support from a report by the American Petroleum Institute showing a 6 million barrel drop in crude oil inventories to 432 NegativeSINGAPORE Oil prices rose on Thursday lifted by strong data from top importer China amid thin trading activity ahead of the New Year weekendhttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-near-mid-2015-highs-on-strong-china-data-tighter-2018-outlook-idUSKBN1EM04P2017-12-28
WTI has also been touching values not seen since mid2015 over the past two months PositiveSINGAPORE Oil prices on Friday dipped away from some of its highest levels since 2015 weighed down by rising U.S. output and the expected January reopening of the Forties pipeline in the North Seahttp://www.reuters.com/subjects/middle-easthttps://www.reuters.com/article/us-global-oil/oil-drops-from-two-and-a-half-year-highs-as-rising-u-s-output-drags-on-market-idUSKBN1EG05V2017-12-22
Brent and WTI have gained well over a third from 2017 lows NeutralLONDON Oil prices edged higher on Monday reversing earlier losses after an explosion in New York refocused the market on the geopolitical riskhttp://www.reuters.com/finance/markets/article/us-global-oil/oil-gains-as-new-york-blast-turns-focus-to-political-risk-idUSKBN1E501P2017-12-11
A jump above in WTI could easily push US production over the 10 million bpd mark increasing the nonOPEC forecast and capping further attempts to push prices higher NegativeLONDON Oil slipped towards $62 a barrel on Tuesday as investors took profits in the wake of OPEC and other producers’ pact to extend output cuts although an expected drop in U.S. crude inventories lent supporthttp://www.reuters.com/finance/markets/article/us-global-oil/oil-slips-towards-62-in-post-opec-profit-taking-u-s-stocks-in-view-idUSKBN1DZ05D2017-12-05
Crude stocks at the Cushing Oklahoma delivery hub for WTI fell by 1 NegativeBOSTON Oil pared gains on Wednesday after U.S. crude stockpiles fell less than an industry group’s expectations but remained near a twoyear high as the shutdown of one of the largest crude pipelines from Canada cut supply to the United Stateshttp://www.reuters.com/finance/markets/article/us-global-oil/u-s-crude-pares-gains-but-lingers-near-2-year-high-idUSKBN1DM04O2017-11-22
wide price premium of Brent over WTI crude will encourage more exports of US oil over the coming Kumar said NegativeBOSTON Oil pared gains on Wednesday after U.S. crude stockpiles fell less than an industry group’s expectations but remained near a twoyear high as the shutdown of one of the largest crude pipelines from Canada cut supply to the United Stateshttp://www.reuters.com/finance/markets/article/us-global-oil/u-s-crude-pares-gains-but-lingers-near-2-year-high-idUSKBN1DM04O2017-11-22
Brent prices which have rallied faster than WTI since the middle of August have been hit harder in recent trading sessions which is consistent with profittaking NegativeLONDON Crude oil prices and calendar spreads have started to soften in recent trading sessions in what is likely to be profittaking after hedge funds amassed a record bullish position in the petroleum complexhttp://www.reuters.com/finance/markets/article/us-oil-prices-kemp/oil-prices-hit-by-profit-taking-after-funds-build-record-bullish-position-kemp-idUSKBN1DE1NO2017-11-14
Hedge funds hold record or nearrecord bullish positions in Brent US gasoline US heating oil and European gasoil only in WTI is their positioning is still well below previous highs NegativeLONDON Crude oil prices and calendar spreads have started to soften in recent trading sessions in what is likely to be profittaking after hedge funds amassed a record bullish position in the petroleum complexhttp://www.reuters.com/finance/markets/article/us-oil-prices-kemp/oil-prices-hit-by-profit-taking-after-funds-build-record-bullish-position-kemp-idUSKBN1DE1NO2017-11-14

























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