WTI News

Global Oil Prices Dip Over 1% Following OPEC's Production Increase and BP's Major Brazil Discovery

Crude oil prices fell over 1% after OPEC agreed to increase production by 548,000 bpd in September, while BP announced a major oil and gas discovery in Brazil's Santos basin, the l...

Oil Prices Tumble 3% Following Trump's Latest Tariff Announcement: What It Means for Global Markets

Oil futures dropped nearly 3% as investors reacted to President Trump's new tariffs set for August 7, with WTI and Brent crude both experiencing significant declines.

US GDP Growth Sparks 1% Surge in Oil Prices Amid Global Tensions

Crude oil prices rose over 1% following a report of 3% US GDP growth in Q2, sparking demand optimism. Geopolitical tensions and potential US sanctions on Russia also influenced mar...

Crude Oil Prices Surge Over 3% Following Trump's New 10-Day Deadline for Russia

Crude oil prices surged over 3% after President Trump set a new 10-day deadline for Russia to agree to a ceasefire, with WTI and Brent prices seeing significant jumps.

Crude Oil Prices Surge Over 1% Amid US-EU Trade Deal Optimism and China Talks

Crude oil prices advanced by more than 1% following the US-EU trade deal announcement, raising hopes for a US-China trade truce extension. WTI and Brent prices saw significant incr...

EU's $750 Billion Energy Deal with US Sparks 1% Surge in Crude Oil Prices

Oil prices climbed over 1% after the EU agreed to a $750 billion energy deal with the US, including purchases of oil, LNG, and nuclear energy, alongside tariff reductions, boosting...

Oil Prices Surge Over 1% Amid Trade Optimism and Falling US Crude Inventories

Crude oil prices rose over 1% following trade deal announcements by President Trump and a report showing a decrease in US crude inventories, with WTI and Brent prices seeing signif...

Oil Prices Dip 1% Amid Growing Demand Concerns and Trade Talk Uncertainties

Oil futures declined by 1% due to demand concerns and uncertainties around EU-US trade negotiations. Iran's upcoming nuclear talks with Europe also contribute to market tensions, w...

Global Oil Prices Surge Over 1% Following EU's Latest Sanctions Against Russia

Crude oil prices rose over 1% after the EU imposed its 18th sanctions package on Russia, described as one of the strongest to date. Ongoing conflicts between Israel and Syria also ...

Oil Prices Surge Over 1% Amid New US Tariffs and Anticipation Over Trump's Russia Statement

Crude oil prices surged over 1% following new US tariffs on EU and Mexico goods and anticipation over Trump's statement on Russia. WTI and Brent both saw significant increases.

Oil Prices Surge Over 2% as US-Canada Trade Tensions Escalate

Crude oil prices rebounded by over 2% amid escalating trade tensions between the US and Canada, with potential tariffs on the EU and Russia considering halting gasoline exports. WT...

Crude Oil Prices Tumble Over 2% Amid New US Tariffs and OPEC Demand Forecasts

Crude oil prices fell over 2% following new US tariffs on copper and Brazilian exports, alongside OPEC's adjusted demand forecasts. WTI and Brent crude both experienced significant...

Oil Prices Drop Over 1% Amid Speculations on OPEC+ Meeting and Iran Tensions Ease

Crude oil prices fell over 1% as markets react to the OPEC+ meeting speculations and easing tensions with Iran. WTI and Brent both saw declines in early trading.

Oil Prices Dip 1% as API Reports Unexpected Crude Inventory Surge

Oil futures fell after the API reported a 4.29 million-barrel increase in crude inventories, contrary to expectations. WTI and Brent prices dropped, with market focus shifting to T...

Trump's Sanction Threats Spark 3% Surge in Oil Prices Amid Iran Deal Tensions

Oil prices surged by 3% following President Trump's threats to impose sanctions on Iran, aiming to cut its oil exports to zero unless a deal is made. WTI and Brent crude prices wit...

Oil Prices Surge 1% as US Inflation Drops to Lowest Since February 2021

Oil futures advanced by 1% after the US inflation rate for April showed a decline, the lowest since February 2021. WTI and Brent crude prices saw significant increases.

Crude Oil Prices Surge Over 2% as US-China Tariff Cuts Boost Demand Optimism

Crude oil prices surged over 2% following an agreement between the US and China to cut mutual tariffs for 90 days, boosting demand optimism. WTI and Brent crude both saw significan...

Global Oil Prices Surge Over 3% Amid Renewed US-China Trade Talks and UK Deal Optimism

Oil prices surged over 3% due to optimism around US-China trade talks and a new US-UK trade deal. WTI and Brent crude both saw significant increases, reflecting market confidence.

Oil Prices Slide Over 1% Amid OPEC+ Output Increase and US Crude Inventory Drop

Crude oil prices declined over 1% due to OPEC+ output increase concerns and US trade tariffs affecting demand, despite a significant drop in US crude inventories.

Surge in Crude Oil Prices: A 1% Jump Following US Inventory Decline and Geopolitical Tensions

Crude oil prices jumped over 1% following a reported 4.5 million barrel drop in US inventories and increased demand in Europe and China. Geopolitical tensions, including conflicts ...

Crude Oil Prices Surge Over 1% Amid US Inventory Drop and Geopolitical Tensions

Crude oil prices increased by over 1% following a reported 4.5 million barrel drop in US inventories and heightened geopolitical tensions, including conflicts between India and Pak...

US Crude Oil Prices Surge Over 1% Amid Falling Inventories and Rising Geopolitical Tensions

Crude oil prices surged over 1% following reports of a 4.5 million barrel drop in US inventories and amid rising geopolitical tensions, including conflicts between India and Pakist...

Surge in Crude Oil Prices: A 1% Jump Following Unexpected US Inventory Drop

Crude oil prices jumped over 1% after a reported 4.5 million barrel drop in US inventories, with increased demand in Europe and China. Geopolitical tensions, including India-Pakist...

Oil Prices Surge Over 1% as US Inventories Drop and Geopolitical Tensions Escalate

Crude oil prices surged over 1% following a reported 4.5 million barrel drop in US inventories and increased demand in Europe and China. Geopolitical tensions, including conflicts ...

Oil Prices Surge Over 1% Amid US Inventory Drop and Rising Geopolitical Tensions

Crude oil prices jumped over 1% after US inventories reported a significant drop, with geopolitical tensions and increased demand in key markets further fueling the rise. WTI and B...

Geopolitical Tensions and OPEC+ Decisions Fuel a 2.5% Surge in Crude Oil Prices

Crude oil prices rebounded by over 2.5% following OPEC+'s decision to increase output and heightened Middle East tensions, with WTI and Brent prices showing significant gains.

Geopolitical Tensions and OPEC+ Decisions Fuel a 2.5% Surge in Oil Prices

Crude oil prices surged by over 2.5% amidst geopolitical tensions and OPEC+'s output increase decision, with WTI and Brent both seeing significant gains.

Geopolitical Tensions Fuel a 2.5% Surge in Crude Oil Prices Amid OPEC+ Output Adjustments

Crude oil prices surged over 2.5% due to geopolitical tensions and OPEC+'s output increase, with WTI and Brent prices showing significant gains. Hamas's withdrawal from truce talks...

Geopolitical Tensions Fuel a 2.5% Surge in Crude Oil Prices Amid OPEC+ Output Adjustments

Crude oil prices surged over 2.5% as geopolitical tensions and OPEC+ output adjustments impact the market. WTI and Brent futures both saw significant increases.

Geopolitical Tensions Fuel a 2.5% Surge in Oil Prices Amid OPEC+ Output Decisions

Crude oil prices surged over 2.5% amid geopolitical tensions and OPEC+'s output increase, with WTI and Brent prices showing significant gains. Hamas's withdrawal from truce talks a...

Geopolitical Tensions Fuel a 2.5% Surge in Oil Prices Amid OPEC+ Output Decisions

Crude oil prices surged over 2.5% amid geopolitical tensions and OPEC+ output decisions, with WTI and Brent both seeing significant increases. Hamas's withdrawal from truce talks w...

Geopolitical Tensions Spark 2.5% Surge in Crude Oil Prices Amid OPEC+ Output Decisions

Crude oil prices surged by over 2.5% amid geopolitical tensions and OPEC+'s output increase decision. WTI and Brent futures both saw significant gains, reflecting market reactions ...