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Oil, Israel and Iran
Closing prices for crude oil, gold and other commodities
Gold for June delivery rose $15.80 to $2,413.80 per ounce. Silver for May delivery rose 46 cents to $28.84 per ounce, and May copper rose 6 cents to $4.50 per pound. The dollar fell to 154.60 yen from 154.61 Japanese yen. The euro rose to $1.0650 from $1.0645.
Crude oil prices today: WTI prices are up 12.94% YTD
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark for U.S. oil prices in the trading world.
Crude oil prices set to fall 10% by end of 2024
The crude oil price continued to drop today. Invezz has crunched the numbers to find out what will happen to the oil price by end of 2024.
Venezuela, Maduro
Venezuela Oil Sector Hit by Loss of Its Widest US License
Venezuela's loss of a key U.S. license that allowed it to export oil to markets around the world and secure investment is expected to hit the volume and quality of its crude and fuel sales while prompting a flurry of requests for individual U.
Reimposing Sanctions on Venezuela Could Limit U.S. Access to Heavy Crude -- OPIS Analysis
The Biden administration's decision to reimpose sanctions on Venezuelan oil exports is expected to reduce the country's crude output by nearly 11% by
U.S. renewing sanctions against Venezuela’s oil and gas sector
April 18, 2024. More for You
22h
on MSN
Iran oil exports hit six-year high, exposing limits in U.S.-led bid to stifle crude sales
Crude oil futures ended little changed, as concerns over global oil demand offset Middle East tensions; Iran exports more oil ...
1d
on MSN
Column - China boosted Q1 crude oil storage as imports flatlined: Russell
China increased the pace at which it added crude to inventories in March as the world's biggest oil importer snapped up ...
2d
on MSN
Oil prices fall more than 3% as traders discount Iran-Israel war risk
U.K. Foreign Secretary David Cameron said Wednesday that "it's clear the Israelis are making a decision to act" against Iran.
2d
Crude Oil Dips 3%; U.S. Bancorp Profit Tops Views
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling more than 100 points on Wednesday. The ...
Marine Link
2h
Corpus Christi Crude Oil Exports Up 6.9% in Q1
The port of Corpus Christi, Texas, the top U.S. oil export hub, said it exported 6.40 million barrels per day of crude oil in ...
1d
Nigeria’s Dangote Oil Refinery Ramps Up Production With US Crude
Nigeria’s new mega Dangote oil refinery is slowly grinding into gear, with analysts and traders watching its ramp up closely ...
Crude Oil Prices
2d
Oil Moves Down on Crude Inventory Build
Crude oil prices moved lower today after the Energy Information Administration reported an inventory increase of 2.7 million ...
2d
India's crude oil imports remain stable at 232.5 million tons in FY 2023-24
India imported 232.5 million metric tonnes (MMT) of crude oil in the financial year 2023-24, compared with 232.7 MMT the ...
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Iran
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