Oil prices trade at 2-week lows on bets for a demand slowdown, supply surplus
Oil futures declined on Wednesday, with U.S. and global benchmark prices touching their lowest levels in about two weeks after a group of major oil producers lowered expectations for global demand growth.
Oil Prices Rise Slightly as Markets Worry About Demand
WTI crude futures recover from a sluggish opening and close higher for the second consecutive day. But gains have been small as prices continue under pressure amid faltering global demand. The recent price weakness "was actually linked to perceived hit to ...
Oil prices hold near 2-week low on gloomy demand outlook
Oil prices were little changed, trading near their lowest in two weeks on Wednesday, a day after OPEC downgraded its forecast for global oil demand growth in 2024 and 2025 and amid demand concerns in China.
Oil prices edge up slightly amid OPEC demand cut forecast
Oil prices on the New York fuel exchange are slightly rising, but they remain close to this month's lowest levels. Brokers say investors are focused on the fuel demand outlook after OPEC countries lowered their oil demand growth forecasts for this and next year.
Oil Set for Weekly Loss Amid Demand Worries, Rate-Cut Slowdown Prospects
Oil futures are headed for weekly losses as a gloomy demand outlook and expectations of fewer rate cuts in the U.S. drive bearish sentiment. In early European trade, Brent crude and WTI both fall 1.2% to $71.
Oil prices hold near 2-week low after OPEC cuts demand view, dollar rises
Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed OPEC's latest downward revision for demand growth, a stronger US dollar and disappointment over China's latest stimulus plan.
Oil dips on bigger-than-expected US crude stockbuild, oversupply concerns
Oil prices edged lower on Thursday, as rising U.S. crude inventories added to concerns of oversupply, while the dollar's ...
W&T Offshore: Unlocking Value From Deleveraging
The previous decade was tough for W&T Offshore, as they battled to deleverage whilst enduring oil price booms and busts. Read ...
Oil prices head for a weekly loss: will risks to Iran’s supply push prices higher?
Oil prices were headed for a weekly loss on Friday as concerns over weakening demand from China weighed on prices.
USA Today11d
Crude oil prices today: WTI is trading at $71.26
What is the price of crude oil today? WTI futures traded at $71.26 per barrel, as of 9 a.m. ET. Year to date, WTI prices ...
WTI recovers to near $68.00, stronger US Dollar might cap its gains
The firmer USD and OPEC's latest downward revision for demand growth could cap the WTI’s upside.
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Crude Settles Higher as EIA Gasoline and Distillate Inventories Fall
Thursday closed up +0.27 (+0.39%), and December RBOB gasoline (RBZ24) closed up +0.0166 (+0.84%). Crude oil and gasoline ...
What Do Diesel And Gasoline Tell Us About Oil Prices?
Weak oil demand has limited refinery intake of crude oil for processing into refined products. Read more here.
WTI retreats to near $68.00 on Chinese stimulus disappointment, stronger US Dollar
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.00 on Tuesday. The WTI price edges lower amid the fears that a Trump administration will spark a tariff-led trade war ...
MarketWatch1d
Crude Oil WTI (NYM $/bbl) Front Month
2-Year U.S. Treasury Note Continuous Contract $102.664-0.035-0.03% 5-Year U.S. Treasury Note Continuous Contract $106.484-0.086-0.08% 10-Year U.S. Treasury Note Continuous Contract $109.313-0.109 ...
Natural Gas and Oil Forecast: Can Prices Recover from OPEC+ Supply Concerns?
Geopolitical tensions and weak Chinese demand weigh on natural gas and oil prices, with technical indicators suggesting ...
Oil settles slightly higher, investors focus on steep draw in fuel stocks
Oil prices closed slightly higher in choppy trading on Thursday, as a steep draw in U.S. fuel stocks outweighed oversupply ...