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WTI and Brent Crudes at Lowest Levels in the Past Two Weeks
Posted on 5/20/26 at 12:16 pm
Posted on 5/20/26 at 12:16 pm
Currently WTI at $97.86 and Brent at $104.76.
From Yahoo News:
LINK
It's happening, Ladies and Gentlemen!
From Yahoo News:
quote:
NEW YORK, May 20 (Reuters) - Oil prices fell 4% on Wednesday after U.S. President Donald Trump said that negotiations with Iran were in the final stages, though investors remain wary about the outcome of peace talks as disruption to Middle Eastern supply continues.
Brent crude futures fell $4.76, or 4.28%, to $106.52 a barrel by 11:29 a.m. EDT (1529 GMT) and U.S. West Texas Intermediate futures were down $4.22, or 4.05%, at $99.93. Both contracts were heading for their biggest daily drops in percentage and absolute terms in two weeks.
quote:
Three supertankers were crossing the Strait of Hormuz on Wednesday, carrying oil bound for Asian markets, after waiting in the Gulf for more than two months with 6 million barrels of Middle East crude on board. The number of vessels crossing the strait remains well below the 130 or so ships that crossed daily before the war.
LINK
It's happening, Ladies and Gentlemen!
This post was edited on 5/20/26 at 12:20 pm
1
Posted on 5/20/26 at 12:18 pm to ragincajun03
need to stay above $100 so my bonus multiplier stays above x3
Posted on 5/20/26 at 12:20 pm to Salmon
Well that sounds very selfish of you, sir, while the rest of the America grapples with $4+ gasoline.
Posted on 5/20/26 at 12:23 pm to ragincajun03
quote:
while the rest of the America grapples with $4+ gasoline
When gas prices are high it is good for America.....n CEOs.
Posted on 5/20/26 at 12:23 pm to ragincajun03
quote:
Well that sounds very selfish of you, sir, while the rest of the America grapples with $4+ gasoline.
peanuts
Posted on 5/20/26 at 12:43 pm to ragincajun03
Sorry. Israel is more important than your bank account
This post was edited on 5/20/26 at 12:44 pm
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