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CY123
2022-07-07

WTI Oil Futures Climbed More Than 4% to $102.7 a Barrel

Oil edged higher in choppy trading as investors weighed concerns that a potential global slowdown wo

WTI Oil Futures Climbed More Than 4% to $102.7 a Barrel

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Over the past month, escalating fears that a looming recession will erode consumption have driven prices down.</p><p>Crude oil futures surged wtih WTI oil futures up 4.23%, Brent crude futures dup 3.73%.</p><p><img src=\"https://static.tigerbbs.com/90a887c5314b3e7a929aec7e5addb601\" tg-width=\"515\" tg-height=\"175\" referrerpolicy=\"no-referrer\"/></p><p>Gauges of real-world crude supply show little to suggest that the oil market is cooling. Nearby WTI contracts have surged relative to later ones, a move that indicates a strong market as traders pay up to secure barrels for immediate delivery. 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Over the past month, escalating fears that a looming recession will erode consumption have driven prices down.</p><p>Crude oil futures surged wtih WTI oil futures up 4.23%, Brent crude futures dup 3.73%.</p><p><img src=\"https://static.tigerbbs.com/90a887c5314b3e7a929aec7e5addb601\" tg-width=\"515\" tg-height=\"175\" referrerpolicy=\"no-referrer\"/></p><p>Gauges of real-world crude supply show little to suggest that the oil market is cooling. Nearby WTI contracts have surged relative to later ones, a move that indicates a strong market as traders pay up to secure barrels for immediate delivery. Oil traders inEuropeare fretting about supplies after Russia ordered a halt to a key Kazakh export terminal.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194361521","content_text":"Oil edged higher in choppy trading as investors weighed concerns that a potential global slowdown would hollow out energy demand against signs of still-tight physical markets.US benchmark West Texas Intermediate crude rose 3.53% to $101.56 a barrel, but is still more than 6% lower this week. Over the past month, escalating fears that a looming recession will erode consumption have driven prices down.Crude oil futures surged wtih WTI oil futures up 4.23%, Brent crude futures dup 3.73%.Gauges of real-world crude supply show little to suggest that the oil market is cooling. 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