• At press time, Brent crude futures added 3.5% to end the day at $89.32, while U.S. West Texas Intermediate (WTI) crude futures settled 4.65% higher at $82.15 per barrel.
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Halliburton Addresses Market Conditions
Halliburton executives recently discussed market conditions, the COVID-19 pandemic and Russia/Ukraine conflict. They said oil and natural gas prices continue to be impacted by the efforts to contain COVID-19, the pace of economic recovery, and changes to OPEC+ production levels.
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• Brent crude futures climbed 20 cents, or 0.2%, to $104.03 a barrel at press time, while U.S. West Texas Intermediate crude (WTI) fell 64 cents, or 0.6%, to $95.70 a barrel.
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At press time, West Texas Intermediate crude for August delivery rose $1.35, or 1.3% to $105.62 a barrel. Brent crude rose $1.30, or 1.1%, to $111.35 a barrel.
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• At press time, West Texas Intermediate crude futures were trading above $122 per barrel, while Brent Crude was trading above $123 per barrel.
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• Oil prices continue to rise. At press time West Texas Intermediate was at $110.6 up 4.43%, while Brent Crude was at $111.6, up 4.19%.
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At press time, Brent futures fell 67 cents, or 0.8%, to $87.71 a barrel, while U.S. West Texas Intermediate (WTI) crude fell 58 cents, or 0.7%, to $84.97.
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At press time, Brent crude fell 49 cents, or 0.6%, to $81.54 a barrel, while U.S. West Texas Intermediate (WTI) crude was down 77 cents, or 1%, to $78.69 a barrel.
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Brent crude futures were up 99 cents, or 1.3%, at $75.41 a barrel at press time, while U.S. West Texas Intermediate (WTI) crude futures rose $1.08, or 1.5%, to $72.02.
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At press time, Brent crude was $83.33 a barrel. It earlier hit a high of $84.23 a barrel and a low of $82.72 a barrel. West Texas Intermediate rose to $80.58 a barrel, after ranging between $81.62 and $79.47.
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