Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Treaty Energy Corporation (TECO) Message Board

WTI Crude Rises to One-Month High; Brent Spr

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 39368
Posted On: 03/25/2013 6:31:07 AM
Avatar
Posted By: BULL2222



WTI Crude Rises to One-Month High; Brent Spread Narrows



By Grant Smith & Ann Koh - Mar 25, 2013 4:48 AM CT



West Texas Intermediate crude rose to the highest in a month as Cyprus agreed on an international bailout, allaying concern that Europe ’s debt crisis will worsen. WTI narrowed its discount to Brent to the least since July.


Futures climbed as much as 0.6 percent in New York after capping a third weekly gain on March 22. Cyprus agreed on the outlines of an aid package with the European Union, European Central Bank and International Monetary Fund . Money managers raised bullish bets on WTI in the week ended March 19, according to the Commodity Futures Trading Commission. Morgan Stanley predicted a “marginal narrowing” of the difference between Brent and WTI, with the spread averaging $14.50 this year.


“The market has calmed down a bit around Cyprus,” said Thina Saltvedt, an analyst at Nordea Bank AG, who predicts Brent crude will average $110 a barrel in the next quarter. “We expect momentum to pick up in the world economy and support demand for oil.”


WTI for May delivery rose as much as 54 cents to $94.25 a barrel in electronic trading on the New York Mercantile Exchange , the highest since Feb. 25, and was at $94.10 as of 9:23 a.m. London time. The volume of all futures traded was 29 percent below the 100-day average for the time of day. The contract advanced $1.26 to $93.71 a barrel on March 22, the highest close since March 18.



(0)
(0)




Treaty Energy Corporation (TECO) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us