Track Crude Oil Prices: Nymex, Dated Brent, and WTI Cushing Analysis

Insights

  • Crude oil prices went down again between the second and third week of September 2024, driven by a rise in gasoline and distillate inventories in the United States.
  • The price decline also stemmed from a rise in the value of the US dollar.
  • The Dated Brent prices further decline to approximately US$72.47 per barrel.
  • In the near term, crude oil prices may decrease.

                                  

Trend Report

The average price of Crude Oil Dated Brent - North Sea has decreased by -5.95% in the month of August 2024 as compared to July 2024. The price of Crude Oil Dated Brent - North Sea has been below its last six months average price by -5.81%. The price of Crude Oil Dated Brent - North Sea has reduced by a CAGR of -1.45% in last one year. The price of Crude Oil Dated Brent - North Sea in the month of August 2024 has decreased by -7.29% as compared to the same month last year.

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  • Trial access period will be allowed for 3 days for both modules combined - Textile & Apparel as well as Technical Textiles
  • You shall be notified on your registered email once the trial is activated