Tag Archives: US West Texas Intermediate (WTI)


Oil slips on worries that economic slowdown could weigh on fuel demand

11 November, 2018 9:36 am 9:36 am

SINGAPORE (Reuters) – Oil prices slipped on Tuesday as concerns that an economic slowdown may curb fuel demand growth overshadowed the reintroduction of sanctions on Iran. US West Texas Intermediate (WTI) crude futures CLc1 were at $62.93 a barrel at 0131 GMT, down 17 cents, or 0.3 percent, from their last settlement. International Brent crude … Read More


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Oil prices fall as US grants Iran sanction waivers to major importers

11 November, 2018 9:36 am 9:36 am

SINGAPORE (Reuters) – Oil prices fell on Monday as the start to US sanctions against Iran’s fuel exports was softened by waivers that will allow major buyers to still import Iranian crude, at least temporarily. Front-month Brent crude futures LCOc1 were at $72.40 per barrel at 0332 GMT on Monday, down 43 cents, or 0.6 … Read More