Oil imports decline and US businesses ship more goods overseas, pointing to stronger than initially expected growth in the April to June quarter
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Crude Oil Higher
Hedge funds increased bullish bets on WTI to the highest level since May 2011, according to the U.S. Commodity Futures Trading Commission.
Factors Affecting Oil Prices
Factors Affecting Oil Prices Crude Oil prices are determined by commodities traders who buy oil futures contracts in the commodities market. These contracts are agreements to buy or sell oil at a specific date in […]
CME Group to Launch Micro WTI Futures on July 12
CME Group, announced it will expand its suite of micro-sized futures contracts with the introduction of Micro WTI futures. The contracts are expected to launch on July 12, pending regulatory review.
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