Wti Crude News

Markets

Crude oil prices recover 13% from May lows to reach 2-week high. What’s fueling the rebound?

Crude oil prices have stabilized after fears of an economic slowdown, with Brent and WTI futures rebounding nearly 12% and 13% respectively. Optimism over easing trade tensions, particularly between the US, China, and the U.K., has driven this recovery despite a recent increase in crude inventories.

2 min read14 May 2025
Markets

Paint stocks surge up to 2.5% as crude oil prices crash nearly 4%; Berger Paints among top gainers

Stock market today: Indian paint stocks, including Asian Paints and Berger Paints, rose today due to falling crude oil prices, which benefit input costs and profitability in the industry. Berger Paints increased by 2.40%, while Asian Paints climbed by 2.16%.

2 min read5 May 2025
Markets

Tourists are avoiding the US. It’s a problem for the oil market.

Fewer visitors mean not only fewer room bookings for hotels, but lower oil prices for the U.S. benchmark, West Texas Intermediate crude.

1 min read18 Apr 2025
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Markets

OPEC slashes 2025 global demand growth forecast on Trump tariff-impact: Where is crude oil headed now?

OPEC said in its monthly report that the world oil demand will rise by 1.30 million bpd in 2025, down 150,000 bpd from last month's forecast.

2 min read14 Apr 2025
Markets

Crude oil outlook: Brent nears $65 on Iran export cuts, dips 8% in a month; Key technical range for MCX

Crude oil outlook: Brent crude futures settled at $64.76 a barrel, up $1.43, or 2.26 per cent. US West Texas Intermediate crude finished at $61.50 a barrel, up $1.43 or 2.38 per cent.

2 min read12 Apr 2025
Markets

Crude oil prices could sink below $40 under ‘extreme’ conditions, predicts Goldman Sachs

Goldman Sachs Group Inc. — fresh from cutting oil forecasts twice in a week — said Brent has the outside potential to fall below $40 a barrel under “extreme” outcomes as the trade war flares and supplies rise.

1 min read8 Apr 2025
Markets

Goldman Sachs slashes crude oil price target by 5.5% amid tariff woes after Brent, WTI hit four-year low on OPEC+ supply

Goldman Sachs cut its 2026 average price forecast for Brent by nine per cent to $62 and WTI by 6.3 per cent to $59. It warned that the new estimates could be lowered further.

4 min read5 Apr 2025
Markets

Oil prices crash over 8% to near 4-year lows amid trade war, Opec supply woes; Brent crude slips below $65 mark

Brent futures dived by $5.72, or 8.2%, to $64.62 a barrel and US West Texas Intermediate crude futures lost $5.90, or 8.8%, to $61.05.

2 min read4 Apr 2025
Markets

Oil logs third weekly gain after US tariffs put pressure on Venezuelan crude; Brent, WTI gain 6-7% in March

Oil Prices Today: Crude oil logged a third straight weekly gain. US President Donald Trump will announce reciprocal tariffs on a wide range of imports, effective April 2. The trade war has investors worried about a potential recession.

3 min read29 Mar 2025
Markets

OPEC+ to not consider delay of April oil supply hike to global markets: Russian Deputy PM Novak

The OPEC+ oil-producing cartel is cutting output by 5.85 million barrels per day, equal to about 5.7 per cent of the global crude supply, agreed in a series of steps since 2022.

2 min read18 Feb 2025

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