Investors look anxiously at the future oil demand, due to the further spreading delta variant
Brent crude futures rose 70 cents, or 1%, to $69.73 a barrel.
WTI crude futures rose 54 cents, or 0.8%, to $67.13 a barrel.
Due to rising employment figures and hopes for rapid recovery of the economy, the dollar has recently gained strength.
However, a strengthening dollar is putting downward pressure on oil prices.
U.S. crude oil and gasoline inventories are down, but refinery inventories are up, the American Petroleum Institute announced.
The Spot Market is Open
Thu.19 Aug-2021
Metals Updated at | USD Bid/Ask | Ounce Change | Low/High |
Gold 06.00 | 1,788.60 1,789.00 | +0.50 0.03% | 1,787.10 1,789.70 |
Silver 06.00 | 23.47 23.57 | 0.00 0.02% | 23.46 23.59 |
Platinum 06.00 | 993.00 1,003.00 | +1.00 0.10% | 991.00 1,005.00 |
Palladium 06.00 | 2,357.00 2,507.00 | +2.00 0.08% | 2,355.00 2,511.00 |
Rhodium 05.00 | 18,150.00 20,150.00 | 0.00 0.00% | 18,150.00 20,150.00 |
Energy Updated at | Price | Change | %Change |
Crude Oil 06.00 | 64.64 | -0.82 | -1.25% |