Brent crude settled at $68.47, up $1.03 (1.5%), and U.S. West Texas Intermediate (WTI) closed at $64.52, up $1.22 (1.9%). Ukraine has intensified drone attacks on Russian export hubs and refineries, disrupting operations at the Primorsk terminal, a key western outlet. Russia’s pipeline operator Transneft warned producers they may have to cut output if damage […]
Oil prices settled higher Monday as Ukrainian drone strikes on Russian refineries and U.S. pressure on NATO allies to halt Russian crude purchases added a risk premium, though gains were modest. Brent crude settled at $67.44, up 45 cents (0.67%), while U.S. West Texas Intermediate (WTI) closed at $63.30, up 61 cents (0.97%). Both benchmarks […]
“By three methods we may learn wisdom: First, by reflection, which is noblest; Second, by imitation, which is easiest; and third by experience, which is the bitterest.” – Confucius On Mobile? Click here to download the PDF
“By three methods we may learn wisdom: First, by reflection, which is noblest; Second, by imitation, which is easiest; and third by experience, which is the bitterest.” – Confucius Jobs Update • Initial jobless claims seasonally adjusted for the week ending September 6, 2025, came in at 263,000, versus the adjusted number of 236,000 people from […]
Brent crude settled at $66.99, up 62 cents (0.93%), while U.S. West Texas Intermediate (WTI) closed at $62.69, up 32 cents (0.51%). Markets initially rallied on reports of the Primorsk attack, which underscored the vulnerability of Russian energy infrastructure and the potential for export disruption. “Those attacks have room to drag down Russian crude and […]
Oil prices fell about 2% on Thursday, slipping to a two-week low as oversupply fears and softening demand indicators outweighed geopolitical risks from the Middle East and Ukraine. Brent crude settled at $66.37, down $1.12 (−1.7%), while U.S. West Texas Intermediate (WTI) closed at $62.37, off $1.30 (−2.0%). The IEA’s monthly report signaled global supply […]
Oil prices climbed nearly 2% on Wednesday, lifted by geopolitical tensions from Israel’s strike in Qatar, Poland’s downing of Russian drones, and fresh U.S. pressure for sanctions on Russian oil buyers, though a bearish U.S. inventory report capped gains. Brent crude settled at $67.49, up $1.10 (1.7%), while U.S. West Texas Intermediate (WTI) closed at […]
Oil prices rose almost 2% on Tuesday after Israel expanded its Middle East campaign with an attack on Hamas leadership in Doha, drawing sharp condemnation from Qatar and other regional powers. Brent crude settled at $66.39 up 37 cents (0.6%), after touching a session high of $67.38. U.S. West TexasIntermediate (WTI) closed at $62.63, also […]
Brent crude settled at $66.02, up 52 cents (0.79%), while U.S. West Texas Intermediate (WTI) closed at $62.26, up 39 cents (0.63%). Both benchmarks had been up more than $1 earlier in the session. Prices fell more than 3% last week, including a sharp 2% drop on Friday after weak U.S. jobs data. OPEC+ agreed […]
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