Oil prices rose modestly on Tuesday as markets focused on increased Chinese demand and potential European supply tightness for the winter. Brent crude settled at $72.19 per barrel, up 5 cents (0.07%), while U.S. West Texas Intermediate closed at $68.59, gaining 22 cents (0.32%). This followed more than 1% gains for both benchmarks on Monday. […]
Oil prices rose over 1% on Monday, supported by heightened geopolitical risks following the ousting of Syrian President Bashar al-Assad and indications that China may adopt a looser monetary policy for the first time since 2010. Brent crude gained $1.02, or 1.4%, settling at $72.14 per barrel, while WTI crude increased $1.17, or 1.7%, to […]
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“The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark.“– Michelangelo Jobs Update Stocks closed mixed on Friday of last week and mixed week over week Collectively, Wall Street posted a three-week win streak on Friday, […]
Oil prices fell over 1% on Friday, marking weekly declines as supply surplus forecasts for 2025 overshadowed OPEC+’s decision to delay output hikes and extend production cuts through 2026. Brent crude dropped 97 cents (1.4%) to settle at $71.12 per barrel, while WTI crude declined $1.10 (1.6%) to $67.20. For the week, Brent lost 2.5%, […]
Oil prices declined on Thursday as investors balanced OPEC+ delaying its output increase against expectations of ample supply in 2025. Brent crude fell 22 cents (0.3%) to $72.09 per barrel, while WTI crude dropped 24 cents (0.35%) to $68.30. OPEC+ announced it would begin unwinding its 2.2 million bpd cuts in April 2025, with monthly […]
Oil futures fell sharply on Wednesday as investors awaited the OPEC+ decision on production cuts, with Brent crude dropping $1.31 (1.78%) to $72.31 per barrel and WTI crude declining $1.40 (2%) to $68.54. This followed Tuesday’s gains, where Brent rose 2.5%. OPEC+ is expected to extend output cuts until the end of Q1 2025, with […]
Oil prices surged over 2% on Tuesday as geopolitical tensions and expectations of extended OPEC+ supply cuts boosted the market. Brent crude rose $1.79 (2.5%) to settle at $73.62 per barrel, marking its largest gain in two weeks. U.S. WTI increased by $1.84 (2.7%) to close at $69.94, the highest daily rise since November 18. […]
Oil prices were little changed on Monday as optimism over stronger Chinese demand offset concerns about the U.S. Federal Reserve’s hesitancy to cut interest rates in December. Brent crude dipped 1 cent to $71.83 per barrel, while U.S. WTI rose 10 cents (0.15%) to $68.10. China’s factory activity expanded at its fastest pace in five […]
“Blessed is he who has learned to admire but not envy, to follow but not imitate, to praise but not flatter, and to lead but not manipulate.”– William Arthur Ward On Mobile? Click here to download the PDF