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The EIA now sees the WTI spot price averaging $63.88 per barrel in 2025 and $57.48 per barrel in 2026, according to the STEO.

The angry mutterings at the Permian Basin Petroleum Association’s “Spring Swing” golf tournament this week weren’t all about ...

Oil prices rebounded after the president delayed widespread tariffs, but the industry and analysts are uncertain about what's ...

At noon ET, May WTI fell $2.30 to $57.30/bbl, on track for a fifth session of sharp declines and to settle at its lowest since Feb. 5, 2021. June WTI was about $2.25 lower at $56.85/bbl.

The reference oil traded most frequently and of major significance for the USA is West Texas Intermediate (WTI), while the most important in Asia is Dubai Fateh. Other reference oil types include ...

“The fear of a trade war is hamstringing oil demand,” he said. The price of West Texas Intermediate is hovering around $60 per barrel, which is not low enough to kill the U.S. oil patc ...

To cover operating costs, oil producers need West Texas Intermediate index prices to be about $41 per barrel, according to a survey from the Federal Reserve Bank of Dallas. That price needs to be ...

Supply chain disruptions and policy decisions can significantly change these costs for oil companies — and consumers.

Executives are loathe to boost US oil supply with West Texas Intermediate down about 27% since Trump’s inauguration less than three months ago. It’s now hovering around $57, below the level ...