News

Nymex Overview: WTI Hits Four-Year Low as Trade War, Demand Fears Mount -- OPIS
At noon ET, May WTI fell $2.30 to $57.30/bbl, on track for a fifth session of sharp declines and to settle at its lowest since Feb. 5, 2021. June WTI was about $2.25 lower at $56.85/bbl.
Goldman Sachs forecasts Brent, WTI prices under different scenarios
Goldman Sachs forecast that Brent and WTI crude prices would be at $62 a barrel and $58 by December 2025 and at $55 and $51 ...
The trade war is clobbering energy markets, with oil hitting its lowest price in 4 years
Shares of oil companies have dropped sharply in recent days. Growth fears and expectations of more supply from OPEC+ are ...
Midland Reporter-Telegram on MSN5d
WTI tumbles this week on tariff worries, OPEC production
OPEC+ nations’ bringing more production back to market combined with escalating tariffs as China announced 34% tariffs on all U.S. goods to make for a very bad week for oil prices. West Texas ...
Barchart on MSN9d
Commodity Market Roundup- March’s Top Performers and Underperformers
A weaker dollar index and a slight decline in the long-term bond prices were competing bullish and bearish factors for ...
Investing14d
U.S. Baker Hughes Oil Rig Count
Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...
FXEmpire.com21d
Crude Oil Faces Bearish Pressure, While Natural Gas Finds Support
WTI crude oil (CL) price decline reflects growing concerns over rising Russian supply. Traders expect increased Russian oil exports if a partial ceasefire leads to eased sanctions. This ...
Crude Oil Prices23d
Russia Sees Slightly Lower Oil Production in 2025
Russia’s oil production this year is expected to be slightly lower compared to 2024, as Moscow will be compensating for previous overproduction per the agreed OPEC+ schedule, Russian Deputy ...
Wall Street Journal24d
Oil Rises on Geopolitical Risks, China’s Economic Plans
0940 GMT – Oil prices rise amid renewed geopolitical risks in the Middle East and China’s plans to increase spending. Brent crude and WTI are up 1.2% to $71.91 and $68.41 a barrel ...
Crude Oil Prices24d
Why OPEC+ is Supporting a Potentially Disastrous Rise in Oil Production
OPEC+ is increasing production despite economic risks. Saudi Arabia and OPEC+ are wary of another oil price war with the U.S. under Trump, given their heavy financial losses during the 2014-2016 ...
Seeking Alpha24d
US Shale Oil Production Will Decline If WTI Hits The $50s, It's Like Decline Baby Decline
What a world we live in. When Chris Wright, former CEO of Liberty Energy, became the US Secretary of Energy nominee, the entire energy sector cheered. Finally, someone with actual oil & gas ...
Rigzone24d
USA EIA Raises WTI Oil Price Forecast
The U.S. Energy Information Administration raised its West Texas Intermediate spot price forecasts for 2025 and 2026 in its latest short term energy outlook. Image by Cristina Gaidau via iStock ...