WTI Crude Rises 0.78% to $92.19/bbl
WTI crude closed at $92.19/bbl, up 0.78%—its third consecutive gain; larger-than-expected EIA drawdowns and persistent Middle East tensions raise offshore procurement cost pressure.
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WTI crude closed at $92.19/bbl, up 0.78%—its third consecutive gain; larger-than-expected EIA drawdowns and persistent Middle East tensions raise offshore procurement cost pressure.
Brent crude futures rose 0.95% to $98.855/bbl today, reflecting optimistic expectations for energy demand.
Brent crude futures closed at $98.7/bbl, rising 1.75% on the day. Market attention is focused on escalating geopolitical risks.
WTI crude futures closed at $93.831/bbl, up 2.57% on the day, hitting a recent high.
Brent Crude rose 1.28% to $98.246/bbl. Optimistic expectations for energy demand are supporting oil prices.
WTI Crude climbed 2.31% to $93.597/bbl, driven by improved supply-demand fundamentals.
WTI rose to $92.61/bbl (+1.23%), Brent to $96.88/bbl (+0.62%), driven by Middle East geopolitical risk premium and larger-than-expected EIA inventory draw; upward pressure on RMB-denominated import costs warrants hedging review per SNSUC Research Institute.
Brent Crude rose 1.14% to $97.375/bbl, as market expectations for economic recovery strengthened.
Brent crude rose 1.26% to $97.49/bbl, nearing the $98 psychological level, supported by sustained Middle East risk premium and rising market expectations of OPEC+ production cuts extension.
Brent at 95.929 USD/bbl, +0.43% day-on-day. Quiet session but holding above $95—import costs aren’t easing.
Brent Crude recently quoted at 95.086 USD/bbl, down 0.45% from the previous trading day. Market concerns over global economic prospects have put pressure on oil prices.
On Sep 3, Brent settled at $95.86/bbl (+0.14%) and WTI at $91.11/bbl (+0.14%), steadying after recent volatility. Downstream softened in tandem: fuel oil front-month at ¥3,929/t (-1.06%) and bitumen at ¥5,005/t (-0.87%); the bitumen–fuel oil spread narrowed to ¥1,076/t, down ¥70 from the Sep 1 high of ¥1,146, reflecting how accelerated quota release and faster documentation are compressing arb premiums.
Brent last traded at $88.33/bbl with WTI at $83.47/bbl, up 0.05% intraday. Markets eye tightening supply ahead of September North American refinery maintenance;