Crude oil futures swing sharply, settling at $105.83 and $108.75 on September 16
International crude oil futures experienced extreme volatility from September 16 to 18. On September 16, WTI surged $4.44 to $105.83 and Brent rose $3.07 to $108.75. The next day, prices reversed sharply, with WTI falling 3.21% to $102.43 and Brent dropping 2.69% to $105.83. Declines continued on September 17 and 18, with WTI settling at $100.30 and Brent at $103.87 by September 18. No specific cause was attributed.
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International oil prices fell on September 18, with WTI crude settling at $100.30
On September 18, international oil prices declined. At the close of trading on the New York Mercantile Exchange, October-delivery light crude oil futures fell $1.61 to settle at $100.30 per barrel, a decrease of 1.58%. Meanwhile, November-delivery London Brent crude oil futures dropped 95 cents to close at $103.87 per barrel, down 0.91%. The report from Jin10 Data provides these settlement prices without attributing the price movement to any specific cause or forecast.
Read sourceInternational Oil Prices Edge Down on September 17, Brent Falls 0.95%
International oil prices edged down on September 17, 2024, as reported by Jin10 Data on September 18. At the close of trading, October-delivery light crude oil futures on the New York Mercantile Exchange fell by 52 cents to settle at $101.91 per barrel, a decline of 0.51%. Meanwhile, November-delivery London Brent crude oil futures dropped by $1.01 to close at $104.82 per barrel, down 0.95%. The report provides settlement prices and percentage declines for both major benchmarks, reflecting a modest downturn in the oil market on that trading day.
International Oil Prices Fall Sharply on September 16, Crude Futures Drop Over 2.6%
On September 16, international oil prices experienced a significant decline, as reported on September 17. At the close of trading on the New York Mercantile Exchange, October-delivery light crude oil futures fell by $3.40, settling at $102.43 per barrel, representing a decrease of 3.21%. Meanwhile, on the London market, November-delivery Brent crude oil futures dropped by $2.92 to close at $105.83 per barrel, a decline of 2.69%. The report from tradealpha highlights a sharp downturn in both major crude benchmarks, with no specific cause attributed in the source text. The price movements reflect a notable single-day drop in global oil markets, affecting both U.S. and European benchmark grades.
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International crude oil futures settlement prices rise significantly on September 16
On September 16, international crude oil futures settlement prices experienced a significant increase. On the New York Mercantile Exchange, October-delivery light sweet crude oil futures rose by $4.44 to settle at $105.83 per barrel, representing a gain of 4.38%. Meanwhile, November-delivery London Brent crude oil futures increased by $3.07 to close at $108.75 per barrel, up 2.9%. The report from tradealpha highlights a notable upward movement in both major crude oil benchmarks, reflecting a strong trading session for energy commodities.
Read sourceInternational crude oil futures settle sharply higher on September 16
On September 16, international crude oil futures saw significant price increases at the close of trading. On the New York Mercantile Exchange, October-delivery light crude oil futures rose $4.44 to settle at $105.83 per barrel, a gain of 4.38%. Meanwhile, November-delivery London Brent crude oil futures increased $3.07 to close at $108.75 per barrel, up 2.9%. The report from Jin10 Data highlights a broad upward movement in both major benchmarks, reflecting strong market dynamics on that trading day.
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