Oil prices ended the week lower on Friday, capping their biggest weekly declines since late March as investors remained cautious ahead of a key OPEC+ meeting expected to shape the group’s production policy for June. West Texas Intermediate (WTI) crude fell 95 cents, or 1.6%, to close at $58.29 per barrel, while Brent crude lost […]
Oil prices were little changed on Thursday, stabilizing after earlier losses as positive corporate earnings and geopolitical delays counterbalanced ongoing concerns about rising supply and weakening U.S. economic data. West Texas Intermediate (WTI) crude futures slipped 15 cents, or 0.3%, to $58.04 per barrel, while Brent crude fell 18 cents, or 0.2%, to settle at […]
Oil prices declined sharply on Wednesday, with both Brent and WTI crude futures posting their largest monthly losses in over three years, as Saudi Arabia signaled it would prioritize market share over price support, and ongoing global trade tensions raised concerns about weakening fuel demand. Brent crude fell $1.13, or 1.76%, to settle at $63.12 […]
Oil prices dropped roughly 2% on Tuesday, hitting their lowest levels since April 10, as mounting concerns about global economic growth and oversupply weighed on markets. Brent crude futures settled at $64.25 per barrel, down $1.61, or 2.4%, while U.S. West Texas Intermediate (WTI) crude ended at $60.42 per barrel, down $1.63, or 2.6%. Investors […]
Oil prices fell sharply on Monday, weighed down by escalating concerns that the ongoing U.S.-China trade war could erode global economic growth and suppress oil demand. Brent crude futures settled at $65.86 per barrel, down $1.01, or 1.51%, while U.S. West Texas Intermediate (WTI) crude ended the session at $62.05 per barrel, down 97 cents, […]
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“It is difficult to say what is impossible, for the dream of yesterday is the hope of today and the reality of tomorrow.”- Robert H. Goddard 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 20.10 points (0.05%) and […]
Oil prices edged higher on Friday, though both major benchmarks posted weekly losses amid concerns over rising global supply and persistent uncertainty surrounding U.S.-China trade negotiations. Brent crude futures settled at $66.87 per barrel, a daily gain of $0.32 or 0.48%, but marked a 1.6% decline over the week. West Texas Intermediate (WTI) crude rose […]
Oil prices edged higher on Thursday as markets digested a mix of geopolitical developments, economic data, and supply signals. Brent crude settled at $66.55 per barrel, up $0.43 or +0.65% from Wednesday’s close. U.S. West Texas Intermediate (WTI) rose $0.52, or +0.83%, to finish at $62.79 per barrel. The potential for increased supply weighed on […]
Brent crude futures settled down $1.32, or 1.96%, at $66.12 per barrel. U.S. West Texas Intermediate (WTI) crude dropped $1.40, or 2.2%, to $62.27. Earlier in the session, Brent touched a high of $68.65—its highest level since April 4. Tensions within OPEC+ have flared recently, with some countries exceeding their quotas. Kazakhstan, though not an […]