Tags » West Texas Intermediate

That’s Oil She Wrote Folks!

Markets are a little shell-shocked as oil prices continue to drop due to a combination of oversupply and sluggish demand. 687 more words

Price of oil closes below $60 for the first time since July 2009

Oil prices continued their steady decline Thursday, sinking past another milestone as the price of crude dropped below $60 per barrel for the first time in five years. 148 more words

Energy

How to Profit When Oil Prices Slide

Oil prices continue to slide. On the first day of October West Texas Intermediate (WTI) dipped below $90 per barrel for the first time since spring 2013. 225 more words

Economy

What you need to know about falling oil prices

It’s looking like Monday’s spike in oil prices was little more than a blip.

The price of oil fell again on Tuesday after experiencing a brief rebound to start the post-holiday week. 1,029 more words

Energy

OPEC Takes No Action to Ease Supply Glut as Oil Slumps

OPEC took no action to ease a global oil-supply glut, resisting calls from Venezuela that the group needs to stem the rout in prices. Futures slumped the most in more than three years. 619 more words

Economy

Alberta focused on fiscal restraint

News Release

Alberta focused on fiscal restraint

Despite positive second quarter results, declining oil prices require government to be diligent in fiscal planning.

Oil prices continued to slide this week, with West Texas Intermediate (WTI) closing at $74.09 US per barrel yesterday. 425 more words

Oil prices drop below $75 for first time in four years amid supply glut

Oil prices dropped below $75 Thursday, hitting their lowest levels in four years as higher production creates an excess of supply.

The price of West Texas Intermediate crude oil dropped by $2.85 to $74.33, and has fallen more than 30% since June, when prices were above $107. 287 more words

Energy