Cory Wilchek

Jan 16, 2025 | morningstar.com | Frank Tang |Cory Wilchek

Crude oil futures fell around $1 by midday Thursday, weighed down by a plan by Yemen's Houthi militia to halt attacks on ships in the Red Sea as well as profit-taking following the previous day's sharp gains. At noon ET, the most active March NYMEX WTI contract fell about 90cts to $77.80/bbl and February WTI slid $1.30 to $78.75/bbl. March Brent dropped 80cts to around $81.25/bbl and April Brent was down by a similar amount to $79.85/bbl.

Nov 7, 2024 | tradingview.com | Steve Cronin |Cory Wilchek

NYMEX Overview: Oil Sees Small Gains as Dollar Value Eases — OPISCrude oil futures were seeing modest gains heading into Thursday afternoon, reversing declines seen earlier in the day following Tuesday's presidential election. Increases were being held under 20cts/bbl in choppy trade at about 11:15 a.m. ET, with the December West Texas Intermediate crude contract rising by 5cts to $71.74/bbl while November prices were 6cts higher to $71.30/bbl.

Oct 2, 2024 | tradingview.com | Frank Tang |Cory Wilchek

Nymex Overview: Mideast-Driven Petroleum Rally Wilts After Bearish EIA Data — OPISCrude and refined product futures sharply pared gains by midday Wednesday, after bearish U.S. data by the Energy Information Administration put a lid on a rally fueled by intense fears of a wider war between Israel and Iran that could threaten global oil supply. At 11:55 a.m. ET, November NYMEX West Texas Intermediate crude futures rose 40cts to about $70.25/bbl, and December WTI increased 40cts to $69.80/bbl.

Mar 21, 2024 | tradingview.com | Frank Tang |Cory Wilchek

NYMEX Overview: Crude, Product Futures Drop for Second Day as Dollar Rises — OPISCrude and refined product futures fell across the board by midday Thursday, as profit taking extended to a second session on a dollar rebound a day after the Federal Reserve signaled it's not ready to cut interest rates yet given the current inflation outlook.

Feb 23, 2024 | tradingview.com | Steve Cronin |Cory Wilchek

Nymex Overview: Losses Put Petroleum Contracts on Track for Weekly Drop — OPISCrude oil and refined product futures contracts are all seeing strong losses heading into Friday afternoon, giving back much of the previous day's gains, and setting prices up for weekly losses. Crude contracts were off by more than $1/bbl at about 11 a.m. ET, while gasoline and diesel futures were falling by more than 4cts/gal.