News

WTI crude holds above $62 as traders await U.S. CPI data; Brent eyes key resistance at $65.59 amid ongoing volatility and ...
ET – Oil futures picked up in afternoon trade, but post losses in a volatile week marked by tariff news that sent prices to four-year lows before the U.S. paused some tariffs for 90 days. Dollar ...
Brent and West Texas Intermediate crude climbed more than $1 on Friday after U.S. Energy Secretary Chris Wright said the ...
Oil prices rose today after settling more than $2 a barrel lower in the previous session, but were set to drop for a second ...
U.S. Energy Secretary Chris Wright thinks the shale industry will be able to tide over the recent plunge in crude oil prices.
Commodities analysts estimate that U.S. crude needs to stay above $65 per barrel to keep shale producers in business.
The direct effect of tariffs on many of the GCC economies is relatively limited as at 10 per cent the rate is lower compared ...
In a report sent to Rigzone by Standard Chartered Bank Commodities Research Head Paul Horsnell late Tuesday, analysts at the ...
It may have been more than obvious over the past week how Trump’s tariffs affected the market’s perception of the demand ...
Oil is sometimes seen as a "real-time indicator of a recession" given that prices for the commodity reflect best estimates of supply and demand, said Rob Thummel, senior portfolio manager at Tortoise ...
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.
Brent prices lost 4.54% to $58.82 a barrel. WTI oil futures with the settlement in May 2025 dropped by 2.21% to $55.82 per barrel.