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Crude Oil Mar 23 (CL=F)

NY Mercantile - NY Mercantile Delayed Price. Currency in USD
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78.56+0.09 (+0.11%)
As of 02:34AM EST. Market open.
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Pre. SettlementN/A
Settlement Date2023-02-21
Last Price78.47
Day's Range78.27 - 78.62
  • Reuters

    Oil prices steady amid China demand revival, high U.S. inventories

    SINGAPORE (Reuters) -Oil prices were broadly steady on Thursday as the prospect of higher fuel demand in China as it reopens post-COVID curbs was offset by fears that U.S. crude stocks hitting their highest for months may signal weakening demand in the world's no. 1 economy. Brent crude futures gained 1 cent to $85.10 a barrel by 0446 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 3 cents to $78.44 a barrel. "U.S. crude oil ... inventories have continued to exceed expectations, which to some extent erodes the bullish sentiments brought from China's demand recovery hopes," said analysts from Haitong Futures.

  • Bloomberg

    China’s Coal Squeeze Puts $2 Billion Chemicals Project on Ice

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