Oil Prices Rise $1 After OPEC+ Holds Output Steady Crude oil prices moved higher on Monday after OPEC+ leaders reaffirmed their plan to hold oil output steady through the first quarter of 2026. The decision renewed concerns about global supply, even as analysts continued to warn about too much oil on the market. West Texas …
Tag: Brent
Crude Climbs on Russia Sanctions; Oklahoma Energy Stocks Up
Crude oil prices rose more than $1 a barrel or 1% in Tuesday’s trading as investors and traders considered the impact of U.S. sanctions on Russian oil flows. Additionally, President Trump’s announcement that his administration has begun interviewing for the next Federal Reserve chair added another layer of market movement. Crude Oil Prices Rise on …
Oil Prices Fall After Fed Rate Cut and Trump-Xi Talks
Crude Oil Prices Slip Amid Trade Uncertainty A combination of the Federal Reserve’s latest rate cut and the meeting between President Donald Trump and Chinese President Xi Jinping sent crude oil prices falling on Thursday.Early trading showed the decline continuing through the afternoon, with U.S. benchmark West Texas Intermediate (WTI) crude closing at $60.25 per …
Only a slight gain in Friday’s crude oil prices
Oil Prices Post Modest Rebound but End Week in Decline Crude oil futures ended Friday with minor gains, but the weekly picture showed another steep drop. Brent crude futures rose 23 cents, or 0.38%, closing at $61.29 a barrel. West Texas Intermediate (WTI) crude edged up 8 cents, or 0.14%, to settle at $57.54 on …