WTI enters a bullish consolidation phase near a two-week high amid mixed fundamental cues. The US-China trade deal optimism helps ease demand concerns and supports the black liquid. Easing US recession fears and the Fed’s hawkish pause benefits the USD and caps the commodity. West Texas Intermediate (WTI) US Crude Oil prices rise to a […]
Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – May 11, 2025, 4:00 PM CDT Saudi Arabia faces fiscal strain as Brent crude prices remain below the ~$90–96/bbl needed to balance its budget, with a
Saudi Arabia Spends Like Oil’s Still at $90 Read More »
Oil drilling rigs Oil prices rose on Friday amid optimism about US-China trade talks, and driven by strong flows from Iran and Russia. Brent July futures rose 0.65%, or $0.40, to $63.24 per barrel, while WTI June futures gained 0.65%, or $0.40, to $60.31 per barrel at 8:10 a.m. Makkah time. Customs data showed China’s
Oil prices edge higher ahead of US-China trade talks Read More »
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Global oil prices have plunged. So when will Australian motorists see cheaper petrol? Read More »
Article content (Bloomberg) — A fire Monday at Valero’s Benicia refinery leaves only one gasoline plant still operating in the San Francisco Bay Area, putting pressure on prices ahead of peak driving season and stymieing Governor Gavin Newsom’s efforts to offer relief to Californians. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read
San Francisco Gasoline Prices Rise as Just One Refinery Remains Read More »
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Oil-Rich Alberta Could Vote to Separate from Canada Read More »
Marketers of refined petroleum products say petrol and diesel prices may drop as crude oil prices slump again. However, the marketers who spoke with our correspondent, said the drop may not be immediate, saying it has to do with the stability of the new low prices. Our correspondent reports that crude prices tumbled below $60
Major petrol, diesel price cuts expected over crude slump Read More »
Stocks slip while bond yields rise, oil prices dip https://www.investing.com/news/economy-news/oil-tumbles-taiwans-dollar-surges-at-start-of-central-bankpacked-week-4021328
Stocks slip while bond yields rise, oil prices dip Read More »
HONG KONG (AP) — Global shares were mixed in holiday-thinned trading Monday, while oil prices fell after the OPEC+ group of oil producing nations said it plans to boost output. Markets were closed in Britain and much of Asia. The future for the S&P 500 slid 0.6% while that for the Dow Jones Industrial Average
Oil prices fall and world share prices are mixed in thin holiday trading Read More »
Logo of the Organization of the Petroleum Exporting Countries (OPEC) Andrey Rudakov | Bloomberg | Getty Images U.S. crude oil futures fell more than 1% on Monday, after OPEC+ agreed to surge production for a second month. U.S. crude was down 70 cents, or 1.2%, at $57.59 a barrel. Global benchmark Brent fell 69 cents,
U.S. crude oil prices fall more than 4% after OPEC+ agrees to surge production in June Read More »
