March WTI crude oil (CLH25) is down -0.59 (-0.82%), and March RBOB gasoline (RBH25) is down -0.0243 (-1.15%). Crude oil prices are trading lower today as concern continues about US reciprocal tariff plans and a likely negative impact on global economic growth and energy demand. Also, there are hopes for a resolution for the Russia-Ukraine […]
Crude Prices Decline on Continued Tariff Concerns Read More »
Oil drilling rigs Oil prices turned lower on Friday as markets watched closely the possibility of a peace deal between Russia and Ukraine, which would ease global chain disruptions if it leads to the lifting of sanctions on Moscow. Brent crude futures for April delivery declined 0.35%, or $0.28, to close at $74.74 per barrel,
Brent settles below $75, records weekly gain Read More »
West Texas Intermediate (WTI) Oil price advances on Friday, according to FXStreet data. WTI trades at $71.47 per barrel, up from Thursday’s close at $71.26. Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $74.92 price posted on Thursday, and trading at $75.21. WTI Oil FAQs WTI Oil is a type of
Crude Oil price today: WTI price bullish, according to FXStreet data Read More »
Kenyans should brace for higher sugar and cooking oil prices in February 2025, according to a recent Central Bank of Kenya (CBK) survey. The Agriculture January 2025 Report attributes the projected increase to rising global costs, which are driving up local market prices. The report highlights that industry stakeholders foresee a slight increase in sugar and cooking oil prices due to
CBK Report: Sugar, Cooking Oil, and Vegetables Set for Price Hike Read More »
Sentiment was boosted after Donald Trump said he had spoken to Vladimir Putin about holding Ukraine peace talks. Photo: SAUL LOEB, Evgenia Novozhenina / AFP/File Source: AFP Asian markets mostly rose Thursday and oil prices extended losses as forecast-topping US inflation was overshadowed by hopes for an end to the Ukraine war after news Donald
Asian stocks rise, oil falls as Trump fans Ukraine peace hopes Read More »
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info By Alex Kimani – Feb 10, 2025, 4:00 PM CST Oil prices climbed on Monday despite the real threat of a global trade war erupting after U.S. President Donald Trump announced wide-ranging tariffs on U.S. imports, this time
Oil Prices Defy Trump’s Trade Tariffs Read More »
A bizarre incident occurred on the casino floor of Binion’s Gambling Hall, after a man entered the premises, and managed to pour gasoline on the gaming floor, threatening to set himself on fire. Man Threatens to Set Fire to Casino, Leaves Abruptly He was later arrested outside the property and remained in jail as of
Man Pours Gasoline on Las Vegas Casino Floor, Threatens to Set Fire Read More »
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 – Feb 06, 2025, 7:00 PM CST President Trump’s push to cut Iran’s oil exports to zero has fueled bullish sentiment in oil markets. Despite Trump’s calls
A New Oil Cycle Begins And Sanctions, Shale, and OPEC Set the Stage Read More »
Oil drilling rigs Oil prices rose on Friday amid Donald Trump’s tariff threats. However, they are poised for weekly losses. Brent crude futures for March delivery rose 0.49% to $77.25 a barrel, at 9:20 am Makkah time. Futures for April delivery also increased 0.51% to $76.28 a barrel. In addition, futures prices for US West
Oil prices rise, head for weekly loss Read More »
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info By Alex Kimani – Jan 21, 2025, 3:30 PM CST Oil markets have kicked off the new week on the back foot, falling for the second consecutive day after President Trump was sworn in for a second term
Oil Analysts Divided on Trump’s Impact on Oil Prices Read More »
