Oil prices settled modestly higher as markets balanced stronger-than-expected U.S. economic growth against mounting risks of supply disruptions from Venezuela and Russia. Brent crude rose 31 cents, or 0.5%, to $62.38 a barrel, while WTI gained 37 cents, or 0.6%, to $58.38. The move extended Monday’s rally, when Brent posted its biggest daily gain in […]
Oil prices settled sharply higher as geopolitical risks resurfaced, driven by U.S. enforcement actions against Venezuelan oil shipments and fresh disruptions linked to the Russia-Ukraine war. Brent crude climbed $1.60, or 2.7%, to $62.07 a barrel, while WTI advanced $1.49, or 2.6%, to $58.01. Support came after the U.S. Coast Guard attempted to intercept a […]
“The more we do, the more we can do.” – William Hazlitt On Mobile? Click here to download the PDF
“The more we do, the more we can do.”- William Hazlitt Jobs Update Stocks closed higher on Friday of last week and mixed week-over-week The DOW closed higher on Friday of last week, up 182.73 points (0.38%), closing out the week at 48,134.58, down -323.47 points week-over-week. The S&P 500 closed higher on Friday of […]
Oil prices edged higher as traders weighed the risk of supply disruptions tied to a potential U.S. blockade of Venezuelan tankers, while awaiting clarity on efforts to end the Russia-Ukraine war. Brent crude rose 65 cents, or 1.1%, to $60.47 a barrel, while WTI gained 51 cents, or 0.9%, to $56.66. Despite the day’s gains, […]
Oil prices inched higher on Thursday as investors weighed the potential for additional U.S. sanctions on Russia alongside supply risks from a blockade of Venezuelan oil tankers. Brent crude rose 14 cents to $59.82, while WTI gained 21 cents to $56.15. Traders are closely monitoring the Venezuelan blockade, which could shut in production if tankers […]
Oil prices rebounded more than 1% on Wednesday, driven by heightened geopolitical tensions after U.S. President Donald Trump ordered a blockade of all sanctioned oil tankers entering and leaving Venezuela. Brent crude rose 76 cents to settle at $59.68, while WTI gained 67 cents to $55.94. The move eased some concerns about a growing global […]
Oil prices settled at their lowest levels since early 2021 on Tuesday as markets continued to grapple with oversupply concerns and growing optimism that a Russia-Ukraine peace agreement could eventually lead to the easing of sanctions on Russian crude. Brent crude fell $1.64 to $58.92, while WTI dropped $1.55 to $55.27, with both benchmarks down […]
Oil prices moved lower on Monday as traders weighed supply disruptions tied to escalating U.S.–Venezuela tensions against persistent oversupply concerns and renewed optimism around a potential Russia-Ukraine peace agreement. Brent crude settled at $60.56, down $0.56, while WTI finished at $56.82, a decline of $0.62. Both benchmarks are coming off losses of more than 4% […]
“Nothing can stop the man with the right mental attitude from achieving his goal; nothing on earth can help the man with the wrong mental attitude.” – Thomas Jefferson On Mobile? Click here to download the PDF