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 ...

“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 ...

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 ...

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.

Oil fell to close below $60 a barrel for the first time since 2021 after the Trump administration moved to intensify a ...

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Oil prices experienced a significant drop, with West Texas Intermediate crude momentarily falling below $60 per barrel. President Trump's recent tariff announcements have sparked fears of a global ...