WTI crude News

Oil Prices Dip 1% Amid Easing Supply Concerns Ahead of US-Russia Summit

Oil prices fell 1% as supply concerns eased ahead of a US-Russia summit, with additional pressure from global trade tensions and new tariffs. WTI and Brent crude both experienced d...

Fitch Downgrades 2025 Oil Price Forecasts Amid Global Growth Concerns and OPEC+ Plans

Fitch Ratings lowers its 2025 oil price forecasts due to weaker global growth and OPEC+ production increases, with Brent expected at $65 and WTI at $60 per barrel, amid oversupply ...

Oil Prices Stabilize Amid IEA Forecast and Rate Cut Hopes

Oil prices stayed steady as markets balanced IEA's ample supply forecast against hopes for a Federal Reserve rate cut. Brent and WTI crude futures saw minor declines, influenced by...