Tag: WTI crude
Oil Prices Ease on Ukraine Talks, Fed Decision in Focus
Oil prices inched lower on Tuesday, extending losses after a 2% decline in the previous session. Markets remained focused on ongoing peace efforts to...
Oil Trades Near 2-Week Highs on Fed Cut Hopes and Rising...
Oil prices stayed close to two-week highs on Monday. Investors expect the U.S. Federal Reserve to cut interest rates this week, a move that...
Oil Holds Steady as Supply Fears Rise Amid Geopolitical Tensions
Oil prices remained steady on Tuesday as markets assessed several geopolitical risks, including Ukrainian drone strikes on Russian energy infrastructure, rising tensions between the...
Oil Rises Over 1% as OPEC+ Extends Pause, Supply Risks Loom
Oil prices climbed more than 1% in Asian trading on Monday, supported by OPEC+’s decision to keep output steady in the first quarter and...
WTI Jumps After CME Glitch as Brent Slips on Geopolitical Fears
U.S. West Texas Intermediate crude futures moved higher after trading resumed on the contract. The rise came after a system outage at CME Group...
Oil Prices Stay Flat as Analysts Warn of Quiet Thanksgiving Trading
Oil prices were largely steady on Thursday, with trading activity expected to be limited due to the Thanksgiving holiday in the United States.
As of...
Oil Rebounds After One-Month Low, but Oversupply Still Pressures Prices
Oil prices edged higher on Wednesday after falling to a one-month low in the previous session, although expectations of a supply glut and progress...
Oil Rebounds After Heavy Losses as Ukraine Peace Talks Loom
Oil prices inched higher on Monday, stabilizing after last week’s steep decline. Markets continued to assess the impact of potential progress on a Ukraine...
Oil Slips on Oversupply Fears, but Sanctions Slow the Drop
Oil prices slipped on Wednesday after an industry report showed a rise in U.S. crude inventories, reinforcing market concerns about oversupply. However, the decline...
Oil Rises 1% After Ukraine Strike Damages Russian Depot
Oil prices rose roughly 1% on Friday after a Ukrainian drone strike hit an oil depot at the Russian export hub of Novorossiysk on...
