Browsing: WTI

Oil prices rose on Friday following reports that Iran is preparing to attack Israel from Iraqi territory in the coming days. The lingering uncertainties due to geopolitical tensions keep increasing supply risks, though there is also downside to global demand due to Chinese lower imports.

Oil prices climbed in the global commodities market on Wednesday as a report shows a sharp decline in U.S. crude inventories. Chinese demand outlook remains negative, while the World Bank’s latest report indicates there will be an oil glut in 2025 and 2026.

Oil Prices Below $73 despite Israel Attacks on Iran Oil prices slipped despite Israel’s latest counterattack on an Iranian military…

Oil Dips as Markets Price in Rate Cut Expectation, Ceasefire Oil dipped in the global commodity market on Friday as…

Brent price crossed $84 per barrel on Wednesday as crude oil rallied amid growing expectations that the world’s largest oil producers will continue to cut supplies at a time when global demand is set to rise with increased travel during the summer.

Oil prices remain under pressure ahead of the Organisation of Petroleum Exporting Countries  (OPEC)

Oil prices edged higher over five trading days in the just concluded week, helped by the release of healthy demand

The global prices of crude oil were little changed on Monday as the Organisation of Petroleum Exporting Countries

The global oil prices dipped on Monday due to a weak demand outlook amidst US economic concerns.

Oil Rallies on Monday after the United States and United Kingdom attacked Houthis last week. Today, brent price increased to $77.59 per barrel.