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Mind the gap: Why Trump's tariffs could blow out the WCS and WTI differential
31 Jan 2025 19:22 GMT
… a barrel of Canadian oilsands crude has long existed, some … as a whole.
West Texas Intermediate, also known as WTI, is the benchmark … a higher price than Canadian crude, called Western Canada Select … Trans Mountain pipeline, Canadian crude exports to the U.S …
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WTI Slips Below $73 on Mixed Tariff Signals
31 Jan 2025 21:16 GMT
… on major US crude suppliers Canada and Mexico.
West Texas Intermediate edged down … , and eventually weigh on crude prices globally (via weaker … calls on OPEC to lower crude prices by increasing production. … next week.
Oil Prices:
WTI for March delivery fell 0 …
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Oil Advances After Trump Confirms Tariffs Will Apply to Crude
31 Jan 2025 10:16 GMT
… market. Most Read from Bloomberg West Texas Intermediate advanced to $73.70 at … 30 a barrel less than WTI after Trump’s latest … than before the statement. WTI slid earlier in the day … Midwest, and eventually weigh on crude prices globally (via weaker demand …
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Crude oil futures rise as Trump reaffirms tariffs on Canada, Mexico
31 Jan 2025 05:32 GMT
… per cent, and March crude oil futures on WTI (West Texas Intermediate) were at $73 … 0.91 per cent.
February crude oil futures were trading at … a decision on exempting the crude oil imports from the tariff … is a major consumer of crude oil in the global market …
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Oil Futures Spike Then Fade as Trump Weighs Tariffs on Crude
30 Jan 2025 23:32 GMT
… imports from major crude suppliers Canada and Mexico.
West Texas Intermediate futures spiked as … include oil in the tariffs. WTI traded at $73.06 a … its southern neighbor.
Oil Prices:
WTI for March settlement: $72.73 …
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Crude oil futures steady as official data indicates inventory increase in US
30 Jan 2025 07:43 GMT
… cent, and March crude oil futures on WTI (West Texas Intermediate) were at … Energy Information Administration), commercial crude oil inventories in the … the past four weeks, crude oil imports averaged about … for commodities such as crude oil.
Without making a …
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Crude Oil Prices Drop As EU Gas Prices Rise Due To U.S. Tariff Concerns
30 Jan 2025 07:43 GMT
… well as increasing crude stockpiles.
Brent crude oil futures dropped … $77 per barrel, while West Texas Intermediate (WTI) crude fell below $73.5 … time, U.S. crude oil stockpiles increased by … Administration (EIA) reported that crude inventories grew by 3. …
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WTI Slips Below $73 as Canada-Mexico Tariff Uncertainty Grows
29 Jan 2025 22:19 GMT
… aren’t a done deal.
West Texas Intermediate slid 1.6% to settle … after Lutnick’s remarks.
“Crude prices keep dancing to the … overall rangebound market,” he added.
Crude started 2025 higher as US … for oil demand.
Oil Prices:
WTI for March delivery decreased 1 …
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Oil Crude Futures Slid, Driven by High Inventory Levels
29 Jan 2025 20:44 GMT
The EIA also noted that gasoline stocks rose by 3.0 million bbl week-over-week to reach 248.9 million bbl, while distillate fuel stocks fell by 5.0 million bbl to 116.2 million bbl last week. Both figures were significantly higher than the 1.89 million bbl …
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Crude Oil Futures Fall on Higher Stocks Last Week
29 Jan 2025 18:30 GMT
The EIA data on commercial crude oil inventories was above the … , the delivery point for NYMEX WTI futures, declined 144,000 bbl … reference week, the EIA said. Crude oil throughput edged down for … week. The front-month NYMEX WTI futures contract fell by $0 …