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Business News/Topic/ Wti Crude

WTI CRUDE

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Stock market today: Paint stocks surge up to 2.5% as global oil prices crash nearly 4%; Berger Paints among top gainers (Pixabay)

Paint stocks surge up to 2.5% as global oil prices crash nearly 4%

2 min read . 05 May 2025

People walk through Times Square in New York City. (File Photo: AFP)

barrons

Tourists are avoiding the US. It’s a problem for the oil market.

1 min read . 18 Apr 2025

OPEC said the global economy showed a steady growth trend at the beginning of the year, just before trade-related impact. IN PICTURE: A pump jack in Midland, Texas, US; Photographer: Anthony Prieto/Bloomberg

OPEC slashes 2025 global demand growth forecast on Trump tariff-impact

2 min read . 14 Apr 2025

Crude oil outlook: Brent crude futures has declined eight per cent in one month amid the global economic uncertainty due to Trump's tariff hikes. IN PICTURE: A pump jack in Midland, Texas, US; Photographer: Anthony Prieto/Bloomberg (Bloomberg)

Crude oil outlook: Brent nears $65 on Iran export cuts, dips 8% in a month

2 min read . 12 Apr 2025

The global oil market has been rocked in recent sessions as the Trump administration’s escalation of the trade war. (Bloomberg)

Oil prices could sink below $40 under ‘extreme’ conditions, says Goldman Sachs

1 min read . 08 Apr 2025

Goldman Sachs expects oil demand to grow by 600,000 bpd in 2025, down from its previous forecast of 900,000 bpd, and to increase by 700,000 bpd in 2026. IN PICTURE: A pump jack in Midland, Texas, US; Photographer: Anthony Prieto/Bloomberg

Goldman Sachs slashes crude oil price target by 5.5% amid tariff woes

4 min read . 05 Apr 2025

Oil prices were heading towards their lowest close since the midst of the coronavirus pandemic in 2021 (Bloomberg)

Oil prices crash over 8%, set to hit 4-year lows; Brent slips below $65

2 min read . 04 Apr 2025

Oil Prices Today: Weekly, Brent futures gained 1.9 per cent, while WTI rose 1.6 per cent. Brent is up more than seven per cent in March. IN PICTURE: A pump jack in Midland, Texas, US; Photographer: Anthony Prieto/Bloomberg (Bloomberg)

Oil logs third weekly gain on US tariffs; Brent crude gains 7% in March

3 min read . 29 Mar 2025

OPEC+ extended its latest layer of cuts through the first quarter of 2025 in December 2024, pushing back the plan to begin raising the crude oil supply output for global markets to April 2025. (REUTERS)

OPEC+ to not consider delay of April oil supply hike to global markets

2 min read . 18 Feb 2025

OPEC+ has stuck to out oil output policy for 2025 while crude benchmarks Brent and US WTI rose after Donald Trump's tariff policies. In Picture: A pump jack in Midland, Texas, US
Photographer: Anthony Prieto/Bloomberg (Bloomberg)

OPEC+ sticks to output policy; Brent, WTI gain 3% on Trump's tariffs

5 min read . 03 Feb 2025

Oil prices settled higher but logged a weekly loss with the Brent crude futures settling up 21 cents, or 0.27 per cent, to $78.50 a barrel.
In Picture: A pump jack in Midland, Texas, US; Photographer: Anthony Prieto/Bloomberg (Bloomberg)

Oil snaps 4-week winning streak; Brent sits at $78/bbl, WTI sheds 4% in 5 days

4 min read . 25 Jan 2025

Brent crude benchmark is on track for their highest close in four months, and the US WTI is also technically overbought territory for the second day in a row.
Photographer: Anthony Prieto/Bloomberg (Bloomberg)

Brent above $81, US WTI overbought after crude oil hits 4-month high

4 min read . 13 Jan 2025

Oil prices rallied over three per cent to hit a three-month high in ht previous session with the Brent crude benchmark crossing the $80/barrel mark for the first time since October 7.
Photographer: Anthony Prieto/Bloomberg (Bloomberg)

Oil sizzles to 3-month high on US santions; Brent rallies 4% to $80

2 min read . 11 Jan 2025

Brent crude price averaged at $80 per barrel in 2024 with the outlook turning bearish for 2025 dragged by ample oil market supply and subdued demand from importers.

Brent crude average pegged at $74 for 2025 after hitting $80 in 2024; here's why

6 min read . 01 Jan 2025

Oil Prices: Brent crude futures closed up six cents, or 0.08 per cent, at $72.94 a barrel.
Photo: Reuters

Oil sheds 3% in 5 days on US Fed rate cut outlook; Brent slips below $73/bbl

3 min read . 21 Dec 2024

Brent futures rose $1.08, or 1.5 per cent, to settle at $74.49 a barrel in the previous session.
Photo: Reuters

Oil gains 6% in 5 days over EU sanctions on Russia, Iran; Brent at 3-week high

4 min read . 14 Dec 2024

Oil Prices Today: Brent crude futures settled at $71.12 a barrel, shedding 97 cents, or 1.4 per cent after the OPEC+ verdict.
Photo: Reuters

Oil reports weekly loss on oversupply concerns despite OPEC+ output extension

4 min read . 07 Dec 2024

Crude oil prices plummet 2.5% on strong US dollar, Brent slips below $74. (Bloomberg)

Crude oil prices plummet 2.5% on strong US dollar; Brent slips below $74

3 min read . 06 Nov 2024

Oil rigs drilling in the Midland area of Texas, where CrownRock operates. Photo: Joe Raedle/Getty Images

This little known private-equity firm booked a 79-fold return

5 min read . 23 Oct 2024

Oil eases as US production resumes after storm, rig count rises

Oil eases as US production resumes after storm, rig count rises

2 min read . 14 Sep 2024