WTI Oil Closes Up 4 Cents but Records Weekly Decline: Market Insights

WTI Oil Closes Up 4 Cents but Records Weekly Decline: Market Insights

Oil Prices Dip Amid Trump’s Call for OPEC to⁣ Lower Crude Costs The ‌ oil market experienced a mixed week as WTI crude oil and brent crude prices saw‍ slight gains on Friday, January 24, but ended ⁣the week with significant declines. This comes after former U.S. President Donald Trump urged OPEC to ​reduce oil … Read more

WTI Oil Drops 82 Cents as Trump Urges OPEC to Lower Prices: Market Update

WTI Oil Drops 82 Cents as Trump Urges OPEC to Lower Prices: Market Update

Oil Prices⁢ Dip as Trump Calls on Saudi Arabia and OPEC to Lower Prices⁣ amid Ukraine Conflict West Texas Intermediate (WTI) crude ‍oil futures closed lower on Thursday, January 23, ⁢following a call by U.S. President Donald Trump for Saudi ⁣Arabia and the ‌Organization of the Petroleum Exporting Countries (OPEC) to reduce oil prices. ⁣The … Read more

Oil Prices Plunge on Demand Fears

Oil Prices Plunge on Demand Fears

Oil Prices Tumble on Global Economic slowdown West Texas Intermediate (WTI) ‍crude oil futures concluded Tuesday, December 17th, with a second consecutive day of losses, closing‍ at $70.08 per barrel – a decrease of 0.89%. This decline ‍reflects⁤ growing investor anxieties surrounding a potential slowdown ‌in global⁣ oil demand. The concurrent drop in Brent crude, … Read more

Oil Prices Plunge on China’s Slowing Economy

Oil Prices Plunge on China’s Slowing Economy

oil ‍prices Dip⁣ Amidst Weak Chinese Spending and⁤ Fed Meeting​ Anticipation Table of Contents oil ‍prices Dip⁣ Amidst Weak Chinese Spending and⁤ Fed Meeting​ Anticipation Oil Market Eyes API Report Ahead ​of ⁢EIA Data ​Oil Prices Retreat as China’s Economic Slowdown and Fed Meeting Loom Oil prices took a tumble on ⁣Monday, December 16th, as … Read more