Oil prices tanked today as recession fears were front and center. Brent fell as much as 9.5% followed by nat gas, refined products,

West Texas Intermediate crude (WTI) settled at $108.43 a barrel, gaining $2.67, or 2.5% cent on Friday of last week and up 81 cents a barrel week over week. Brent crude futures settled at US$111.63 a barrel, rising $2.60, or 2.4% up $1.49 per barrel week over week. Prices rose on Friday despite the release […]

Oil prices sold off three per cent on Thursday as OPEC+ confirmed it would increase output in August as much as previously announced despite tight global supplies, but left the market wondering about future output. U.S. West Texas Intermediate crude futures fell $4.02, or 3.7 percent, to settle at $105.76/bbl. Brent crude futures for September […]

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Oil prices rose again today for the third straight day as new reports show OPEC+ may be limited on excess capacity.

Oil prices rose today as the G7 promised more sanctions on Russia. The US is placing additional sanctions on Russian gold exports

Oil prices settled up today buoyed by tight supply but still logged a decline week over week for the second straight week.

Oil prices were lower today as demand destruction and rising inflation is keeping markets on edge.

Oil prices were higher today after trading down sharply on Friday.

Oil prices slumped to four week lows today, falling by >6% on worries of demand destruction from rising interest rates.