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What is the current oil price today? WTI futures traded at $73.25 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 0.26%. Brent futures traded at $77.12/bbl, a drop of 1.71% in ...
Oil prices plunged to their lowest level since December 2021, with Brent oil falling 4% to $68.99 on Tuesday. Supply and demand issues, including a slowdown in China's economy, are pressuring prices.
Oil prices took another hit today, down 2.82% at the time of writing, with West Texas Intermediate (WTI) crude briefly dipping below the $60-per-barrel mark before stabilizing just above it.
What is the current oil price today? WTI futures traded at $71.53 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 2.60%. Brent futures traded at $75.41/bbl, an increase of 0.13% ...
Heading into Labor Day weekend, gasoline prices were, on average, 13 percent lower than the same time last year, the Energy Information Administration said. The oil supply is plentiful.
Oil prices hit a four-year low in April, dragged down by the U.S.-China trade war and an unexpected decision by OPEC+ to increase output by 411,000 barrels per day of oil in May, which was three ...
U.S. oil producers need prices above $60 per barrel to profitably drill a new well, said Rice University's Mark Finley. Prices fell to $60 this week.
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Why Oil Prices Are Jumping After OPEC Increased Production
Global oil prices rallied hard on Monday, lifting U.S. crude to the highest levels in two weeks, as investors shrugged off a planned supply increase from the OPEC+ cartel and focused on ...
Oil Companies Climb on Higher Oil Prices and Broad Market Rally O il companies are capitalizing on rising oil prices, with Brent crude up 2.6% to $68 and WTI up 2.92% to $64.92, driven by U.S ...
Global crude oil prices seemed to be rising inexorably toward $100 a barrel — but then they pulled a U-turn. Meanwhile the oil industry is deeply divided on what the future looks like ...
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