Oil prices firmed yesterday, a trend that continued in early morning trading today, ING’s commodity experts Ewa Manthey and Warren Patterson note. US/China trade talks seem to be progressing “Trade talks between the US and China appear to be progressing, with discussions set to continue today. The US also appears willing to ease some tech […]
Oil: Trade talk optimism supports market – ING Read More »
The IEA projected a 6 per cent reduction in oil production investment this year. Excluding pandemic years, this marks the largest drop since 2016 when oil prices plummeted below $30 a barrel read more Investment in fossil fuels is set to decline this year for the first time since the Covid-19 pandemic, driven by 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 By Irina Slav – Jun 03, 2025, 2:21 AM CDT Crude oil prices extended their climb that began Monday as concerns about supply security deepened. At the time of writing, Brent crude
Oil Prices Extend Gains on Supply Worry Read More »
WTI reclaims $61.00 to trade in a tight range between the 10-day and 20-day SMA. Oil prices remain under pressure amid an uncertain economic backdrop, but technical levels continue to contribute to the short-term price action. With investors closely monitoring the global growth outlook, key psychological levels provide additional barriers of support and resistance between
WTI Crude Oil trades above $61.00 with prices consolidating in a tight range Read More »
HONG KONG — World shares were mixed on Friday as U.S. Treasury yields eased after a rocky week due to worries in the bond market over mounting U.S. government debt. The yield of the 10-year Treasury shed 0.8% to 4.52% while the two-year yield, which more closely tracks expectations for action by the Federal Reserve,
World stocks are mixed and oil prices slip after Treasury yields ease Read More »
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $61.60 per barrel, up from Wednesday’s close at $61.23. Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $64.23 price posted on Wednesday, and trading at $64.56. WTI Oil FAQs WTI Oil is a type
Crude Oil price today: WTI price bullish at European opening Read More »
By Irina Slav – May 22, 2025, 12:50 AM CDT Crude oil prices retreated after the US Energy Information Administration reported an unexpected increase in oil inventories. Geopolitical developments, including the possibility of strikes on Iranian nuclear facilities and ongoing talks between the US and Iran, are creating volatility in the oil market. Despite concerns
Oil Prices Flat as Uncertainty Clouds Market Outlook Read More »
Shares rose in Asia on Wednesday while oil prices jumped more than 1% following a report that Israel may be planning an attack on Iranian nuclear facilities. U.S. futures were lower. A CNN report cited unnamed intelligence officials saying Israel may be preparing for an attack on Iranian nuclear facilities. Oil prices tend to rise
By Irina Slav – May 21, 2025, 12:47 AM CDT Crude oil prices have significantly risen due to reports of a potential Israeli attack on Iranian nuclear facilities, as indicated by US intelligence. The possibility of an Israeli strike threatens to disrupt current US-Iran negotiations aimed at a new nuclear deal, potentially leading to a
Oil Jumps on Possibility of Israeli Attack on Iran Read More »
Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content Big Oil Shrugs at $60 Crude—for Now By Tsvetana Paraskova – May 20, 2025, 6:00 PM CDT Company executives expressed confidence that their firms can and will withstand
Big Oil Shrugs at $60 Crude—for Now Read More »
