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Crude oil prices today
Crude oil prices today: WTI is trading at $72.85
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors related to U.S. and international supply and demand conditions. For example, the Brent/WTI spread hit nearly $14/bbl in April 2011 when protests sparked market fears of significant oil supply disruptions in the Middle East.
EIA reduces crude oil price forecast through end-2025 on lower demand
In this month's outlook, EIA educed its 2025 forecast for US Lower 48 states (L48) crude oil production from last month by 1% to 11.3 million b/d. This reduction reflects a downward revision to EIA's West Texas Intermediate (WTI) crude oil price forecast.
Brent Crude Oil Prices Rise Amid Geopolitical Tensions
Adding to the complex market dynamics, the American Petroleum Institute (API) reported that US crude oil inventories decreased by 1.5 million barrels during the week. This decline was less than the anticipated drop of 2.1 million barrels, marking the second consecutive weekly decrease but suggesting that demand may not be as robust as expected.
Brent crude surges above $80
Brent crude falls $4 a barrel on easing supply fears
By Erwin Seba HOUSTON (Reuters) -Brent crude futures, the international oil benchmark, fell $4 a barrel on Tuesday as fears of supply interruptions from the conflict between Israel and Iran and a massive Gulf of Mexico hurricane eased.
Brent crude ends above $80 on rising risk of Israeli response to Iranian missile attack
Oil futures rose by more than 3% on Monday, with global Brent prices topping $80 a barrel for the first time since August, as the risk of an Israeli response to last week’s Iranian missile strike intensified.
Brent crude surges above $80 as conflict and storm spark supply fears
Oil prices surged above $80 on Monday as fears grow of an escalating conflict in the Middle East and possible supply disruptions in the US Gulf of Mexico from a major hurricane. Brent crude, the global oil benchmark,
Oil slips
Oil Slips as Strong Supply Counters Middle East and Hurricane Risk
"Despite the current heightened tensions in the Middle East, it is easy to forget that the oil market is very much vulnerable to corrections due to the ongoing bearish macro narrative centred on China," said Harry Tchilinguirian, head of research at Onyx Capital Group.
Oil Edges Up Amid Middle East Risks, China Stimulus
Oil prices edge higher as markets remain wary of a potential Israeli strike on Iran’s oil infrastructure and ahead of a government briefing on China’s fiscal policy later this week. Brent crude is up 0.
S&P, Nasdaq, Dow rise as oil falls on China stimulus disappointment, Middle East unease
Wall Street's major stock averages rose Tuesday, finding some relief from sliding oil prices, while investors geared up for data this week that should factor into the market's outlook on the Fed's interest-rate moves.
1d
Oil prices extend gains, lifting Brent crude towards $80 on fears of wider Middle East conflict
Oil prices pared gains in early trade on Monday after charting their biggest weekly rise in over a year on Friday amid ...
Crude Oil Prices
4h
EIA Slashes Forecasts of Oil Demand Growth and Oil Prices in 2025
The U.S. Energy Information Administration lowered its forecast for global oil demand growth in 2025 due to weaker economic ...
1d
WTI, Brent oil settle at highest since late August
Global Brent crude prices settled Monday above $80 a barrel for the first time since August, as the risk of an Israeli ...
7d
Brent Crude - Oil Slides 2% In European Trade Before A Recovery, OPEC+ Meeting Next
Oil prices fell by 2.4% in early European trade, possibly due to demand concerns and rebalancing. Click to read.
5d
October Russian Urals oil prices trade $5/bbl above price cap as Brent rallies, calculations show
Urals crude oil have risen back above $65 a barrel at Russian Baltic and Black Sea ports, or $5 higher than the price cap set ...
5d
on MSN
Brent Crude could rise to $90 a barrel if Israel attacks Iranian export facilities, says RBC's Croft
Helima Croft, RBC global head of commodity strategy, joins 'Squawk on the Street' to discuss the impact of an Israeli attack ...
3d
on MSN
Oil markets are too complacent as Israel is in ‘three eyes for one eye’ mode, expert says
Don't assume "an eye for an eye" response as Israel contemplates its next move against Iran and its proxies, with a top ...
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Middle East
Iran
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