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WTI crue News

22 Jan 2016

Oil gains 8% but set for biggest Jan fall in 25 years

Oil extended its gains and soared about 8 percent on Friday, as a cold snap boosted demand for heating oil and investors took advantage of the lowest prices since 2003 to close out some of their more profitable bets on price declines.

11 Jan 2016

Oil tumbles nearly 5% to new lows; analysts warn of $20s

A brutal new year selloff in oil markets deepened on Monday, with prices plunging as much as 5 percent to new 12-year lows as further ructions in the Chinese stock market threatened to knock crude into the $20s.

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