- (Published: November 6, 2019) Changing nature of non-OPEC supply types may be affecting the crude oil futures marketChanges in the oil investment and production cycle may be affecting trading dynamics for West Texas Intermediate (WTI) and Brent crude oil futures contracts.
- Similar research from the research from the U.S. Commodity Futures Trading Commission (CFTC) published last year suggests the lower open interest among long-dated WTI futures contracts is a result of the changing investment and production cycle for U.S. oil production.
- The U.S. average regular gasoline retail price rose nearly 4 cents from the previous week to $2.57 per gallon on December 30, 31 cents higher than the same time last year.
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