Crude Oil all time high
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High crude oil prices continue, impacting daily life… Over $80 per barrel; more than 4,000 items to see price increases in September.
WTI crude oil rises 2.71% to $88.16 per barrel. September futures add $2.33, following Trump's announcement of an "unprecedented" economic offensive against Iran. #Oil #WTI #teleSUR #Aug20
Global oil prices stabilized near four-week highs Brent crude for October delivery rose 25 cents to $91.87 per barrel. September WTI fell 2 cents to $85.81, while October WTI rose 14 cents to $84.53. The day before, both grades reached their highest levels since July 24. The market is assessing the risks to supplies through the Strait of Hormuz amid escalating tensions between the UAE and Iran. Price growth is being curbed by data on US oil inventories, which unexpectedly rose by 4.4 million barrels.
NY crude oil futures market rises for the fifth consecutive trading day, closing at over $83.
Commodities 9:30 AM: Crude oil continues to fall on expectations of supply normalization; gold reaches a one-and-a-half-month high.
West Texas Intermediate crude futures for September delivery fell 4.5 percent to $80.89 per barrel.
WTI's benchmark September contract briefly fell below $80 per barrel.
Oil prices have risen on global markets as tensions in the Middle East have escalated, with Brent crude reaching $96.78, West Texas Intermediate (WTI) crude reaching $89.31 and OPEC crude reaching $102.8 per barrel. At the same time, there have been reports of reduced tanker traffic through the Strait of Hormuz, security threats in the Red Sea, increased purchases of Russian oil by China and India's efforts to secure oil from alternative sources. Analysts say continued tensions in the region could have a long-term impact on global oil supply and price trends.
Brent crude oil reached $96.78, West Texas Intermediate (WTI) crude oil reached $89.31 and OPEC oil basket reached $102.8 per barrel.
Brent crude oil reached $96.78, West Texas Intermediate (WTI) crude oil reached $89.31 and OPEC oil basket reached $102.8 per barrel.
NY crude oil briefly broke above $90 per barrel again, reaching its highest level in about a month and a half.
The price of Brent rose to almost $100 per barrel The cost of September Brent oil futures at 16:00 Moscow time reached $99.82 per barrel. (+6.11% per day). WTI costs $91.28 per barrel. (+5.12%). Max | Telegram | Newsletter | iOS application | Android [in reply to: Oil prices rise for the fifth day in a row Brent crude futures for September delivery rose 4.45% to $98.25 per barrel by 2:00 PM Moscow time, reaching their highest level since June 3. U.S. WTI crude rose 3.36% to $90.16. The price rise comes amid a new round of escalation in the Middle East. Max | Telegram | Newsletter | iOS app | Android]
Live: #MIDDLE_EAST #FUEL Around 3:05 PM in Paris, the price of a barrel of Brent crude from the North Sea, for September delivery, climbed 6.05% to $99.76, after briefly touching $100...
Oil prices rise for the fifth day in a row Brent crude futures for September delivery rose 4.45% to $98.25 per barrel by 2:00 PM Moscow time, reaching their highest level since June 3. U.S. WTI crude rose 3.36% to $90.16. The price rise comes amid a new round of escalation in the Middle East. Max | Telegram | Newsletter | iOS App | Android
Oil is close to triple digits Following tensions in the Strait of Hormuz and Bab al-Mandeb, Brent crude oil reached its highest level in the last six weeks, above $96 per barrel. At the same time, US oil reserves fell below 311 million barrels, according to last week's statistics, which is the lowest level in the past half century.
NY crude oil market rises to over $85 per barrel, highest level in a month.
What is this event about?
This market will resolve to "Yes" if, on any trading day after market creation, the official daily high price published by the CME Group for the Active Month (front month) of CME Crude Oil (CL) futures is greater than $147.27 by the final trading day on or before the specified date. Otherwise, this market will resolve to "No".
For CME Crude Oil (CL) futures contracts, the active month is the nearest of the contract months listed. The active month becomes a non-active month effective two business days prior to the spot month expiration. For example, if the spot month expires on a Friday the next listed contract will be considered the Active Month on the Wednesday prior to the spot month expiration.
This market will resolve as soon as a high price greater than the listed value is published, or once finalized data for the final trading day of the specified time period is published and a high price greater than $147.27 has not been achieved.
The resolution source for this market is the CME Group website (https://www.cmegroup.com/markets/energy/crude-oil/light-sweet-crude.quotes.html) — specifically, the daily "High" prices for the Active Month of Crude Oil (CL) futures.