Pre. Settlement | N/A |
Settlement Date | 2023-05-22 |
Open | 74.44 |
Bid | 74.48 |
Last Price | 74.49 |
Day's Range | 74.41 - 74.53 |
Volume | |
Ask | 74.50 |
OPEC+ is set to meet on Monday, but delegates from the organization said that it would likely stick to its current production cut plan
Raymond James says it collected responses from 48 Canadian oil exploration and production companies between March 15 and 24.
Put it down to one of the many market idiosyncrasies but crude prices rallied as much as 2% Thursday on bullish U.S. supply-demand numbers — only a date later than they should have. New York-traded West Texas Intermediate, or WTI, crude settled at $74.34 per barrel, up $1.40, or 1.9%, responding to the weekly petroleum data released by the U.S. Energy Information Administration, or EIA, on Wednesday. London-traded Brent crude settled at $79.27, up 99 cents, or 1.3%.