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Crude Oil Feb 24 (CLG24.NYM)

NY Mercantile - NY Mercantile Delayed Price. Currency in USD
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73.80+3.98 (+5.70%)
As of 01:26PM EDT. Market open.
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Pre. SettlementN/A
Settlement Date2024-01-22
Last Price69.82
Day's Range73.80 - 73.85
  • Yahoo Finance

    Oil prices: Expect a 'few years of pain' after 2022, analyst says

    Energy in the next few years is biased “towards higher prices," says one oil analyst.

  • Bloomberg

    Oil Tumbles as ‘Wrecking Ball’ Dollar Piles On Commodity Losses

    (Bloomberg) -- Oil sank again, with Brent collapsing below $85 a barrel, as the dollar’s surge and mounting recessionary concerns threatened global demand.Most Read from BloombergJohn Paulson on Frothy US Housing Market: This Time Is DifferentBank of England Says Paper Banknotes Only Good for One More WeekPound Crashes to All-Time Low With UK Markets ‘Under Siege’The Great Bond Bubble Is ‘Poof, Gone’ in Worst Year Since 1949‘Read Putin More Often and Carefully,’ Lavrov Tells the WorldThe global

  • Reuters

    APPEC: Vitol expects Russian oil to flow to Asia and Mideast

    SINGAPORE (Reuters) -Russian oil is expected to come to Asia and the Middle East, while refined fuel produced in these regions will flow to the West as the global oil trade is disrupted by sanctions, Vitol's Chief Executive Officer Russell Hardy said on Monday. The Russia-Ukraine war has made energy security the top issues for governments as they grapple with inflation, and with bans on Russian oil looming and Moscow slashing gas supplies to Europe, policymakers are setting aside sustainability concerns for now. More than a million barrels per day of U.S. crude is expected to go to Europe to fill the gap in Russian supplies, he told a forum at the 38th Annual Asia Pacific Petroleum Conference (APPEC) 2022 conference, adding that Russian commodities would need to find a home in places outside the United Kingdom, United States and European Union.