Tag: Crude

Crude Oil Edges Higher But Remains Pressured By Demand Weakness

Brent Crude, OPEC, Oil Inventories, Inflation—Talking PointsCrude Oil Prices have pulled back a little after sharp fallsHowever they remain well below previous important highsInventory data will be eyed as demand forecasts have been...

US EIA cuts estimates for US crude oil output

Oil is struggling today on demand worries but supply will be the story next year.The latest numbers from the EIA peg US output rising 500,000 barrels per day this year versus 540,000 bpd...

Polish pipeline operator PERN says leak detected in Druzba oil pipeline – Crude goes bid

Polish pipeline operator PERN said on Wednesday that it detected leak in one line of the Druzba oil pipeline on Tuesday evening. PERN said at this point the causes of the leak in...

WTI crude oil futures settle at $89.35

The price of WTI crude oil futures are settling at $89.35. That's down $1.78 or -1.95%.The low for the day reached $80.38. The high for the day traded up to $91.33.Looking at the...

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