MARKETS

Oil prices plunge nearly 10% with WTI under US$100/bbl

Crash amid inflationary and recession worries

Tim Daiss

Oil prices plunge nearly 10% with WTI under US$100/bbl

US oil benchmark, NYMEX-traded West Texas Intermediate (WTI) crude also plunged 8.24%, $8.93, to $99.50 per barrel - its lowest point since May 11 when it breached the $100 price point for this first...

Start a free trial to continue reading this article

Already have an account? Sign in here

MORE ON THIS TOPIC

MOST POPULAR

1

OPERATIONS

Santos and Carnarvon say Dorado on target for pre-FEED decision

2

MARKETS

Shareholder advocate accuses Australian energy giant of 'Greenwashing'

3

OIL & GAS

MinRes gas assets sale rumours swirl amid rising scrutiny

4

POLICY

Queensland gas industry poised for expansion as LNP seizes power

RESEARCH

Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902