Oil Prices February 2024. Oil dips as lack of new catalysts halts rally at technical level. Crude oil increased 9.32 usd/bbl or 13.01% since the beginning of 2024, according to trading on a contract for difference (cfd) that tracks the benchmark market for this.
View the futures and commodity market news, futures pricing and futures trading. February 1, 2024 at 3:44 pm pst.
West texas intermediate prices have drifted lower in 2024, but prices are up 46.04% over the past three years.
Crude oil price declined strongly to surpass the bullish channel’s support line and reach the extend target at 73.73, finding solid support.
Brent crude is forecast to average $82.26 a barrel in the first quarter, more than $4 higher compared with present levels but lower than previous analyst.
Brent crude for july loading fell by $2.89 to settle at $83.44/bbl, while june wti sank by $2.93 to close at.
Oil Prices February 2024. Oil dips as lack of new catalysts halts rally at technical level. Crude oil increased 9.32 usd/bbl or 13.01% since the beginning of 2024, according to trading on a contract for difference (cfd) that tracks the benchmark market for this. View the futures and commodity market news, futures pricing and futures…
