Previous close | 22.60 |
Open | 22.60 |
Bid | 24.40 |
Ask | 25.90 |
Strike | 72.50 |
Expiry date | 2025-12-19 |
Day's range | 22.60 - 22.60 |
Contract range | N/A |
Volume | |
Open interest | 69 |
Investing.com -- The recent OPEC+ announcement to begin easing production curbs later this year has been blamed for the recent turmoil seen in oil prices, but one analyst believes that if prices continue to dwindle or fall below current levels, then the oil cartel could be forced to walk back or delay its plan to phase on output cuts as soon as August.
Investing.com -- Oil prices settled higher Wednesday, rebounding from four-month lows as optimism of sooner Federal Reserve rate cuts helped offset worries about demand following an unexpected build in domestic crude stockpiles.
Investing.com-- Oil prices fell to four-month lows Tuesday, as OPEC+ signaled it will begin tapering off its production cuts this year just as demand worries intensified following weak data from major oil consumer China.