Oil prices slipped again on Tuesday as traders weighed slow-moving peace efforts between Russia and Ukraine, concerns about growing supply, and the Federal Reserve’s upcoming rate decision. Brent settled at $61.94, down $0.55, while WTI closed at $58.25, down $0.63. The declines followed Monday’s sharp drop after Iraq restored output at the West Qurna-2 field, […]
Oil prices fell nearly 2% on Monday after Iraq restored output at the West Qurna-2 field, removing a supply disruption that had briefly supported prices. Brent settled at $62.49, down $1.26, while WTI ended at $58.88, down $1.20. Both benchmarks had closed on Friday at their highest levels since November 18 before giving back gains […]
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“Whenever you do a thing, act as if all the world were watching.” – Thomas Jefferson Jobs Update Stocks closed higher on Friday of last week and higher week-over-week The DOW closed higher on Friday of last week, up 104.05 points (0.22%), closing out the week at 47,954.99, up 238.57 points week-over-week. The S&P 500 […]
Oil prices settled higher on Friday, edging to their highest levels in two weeks as expectations for a Federal Reserve rate cut strengthened and geopolitical uncertainty continued to shape supply outlooks. Brent gained $0.49 to settle at $63.75, while WTI finished $0.41 higher at $60.08. Both benchmarks logged weekly gains, with Brent up about 1% […]
Oil prices settled higher on Thursday as expectations for a Federal Reserve rate cut lifted sentiment, while stalled Ukraine peace negotiations reduced the likelihood of Russian oil returning to the market in the near term. Brent rose $0.59 to $63.26, and WTI gained $0.72 to close at $59.67. Crude futures briefly climbed more than a […]
Oil prices edged higher on Wednesday after U.S.–Russia negotiations failed to produce a breakthrough on ending the war in Ukraine, tempering expectations that sanctions on Moscow’s energy sector might soon be lifted. Brent rose $0.22 to settle at $62.67, while WTI gained $0.31 to close at $58.95, partially recovering from Tuesday’s pullback. Fresh inventory figures […]
Oil prices slipped on Tuesday as traders weighed renewed uncertainty around Russia-Ukraine peace efforts against persistent concerns about oversupply. Brent settled at $62.45, down $0.72, while WTI finished at $58.64, down $0.68. The declines came after both benchmarks gained more than 1% on Monday. The market focused on fresh diplomatic activity as President Putin met […]
Oil prices strengthened on Monday, climbing more than 1%, as traders reacted to renewed geopolitical risks and OPEC+’s decision to keep production targets unchanged through the first quarter of 2026. Brent settled at $63.17, up $0.79, while WTI finished at $59.32, up $0.77. The market found support from a combination of fresh Ukrainian drone attacks […]
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