Crude oil prices today: WTI is trading at $70.98
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors related to U.S. and international supply and demand conditions. For example, the Brent/WTI spread hit nearly $14/bbl in April 2011 when protests sparked market fears of significant oil supply disruptions in the Middle East.
Oil ends more than 1% higher on US rate cut, declining crude stockpiles
Oil prices extended their recent recovery rally and rose more than 1% on Thursday as a large cut in U.S. interest rates and declining global stockpiles helped offset some of the demand concerns arising from weak consumption in China.
The number of sanctioned ships carrying Russian oil grew sixfold last month compared to levels in April, Bloomberg ship data ...
The fire at Greece’s Agioi Theodoroi oil refinery earlier this week occurred in one of two key crude processing units at the ...
A combination of bullish news including inventory drawdowns, supply outages and a large Fed interest rate cut sent oil prices ...
U.S. crude oil stockpiles fell while gasoline and distillate inventories rose last week, the Energy Information ...
Crude oil prices have crashed despite rapidly dwindling inventories, signaling potential economic weakness ahead. Analysts ...
Meta’s AI assistant gave glowing reasons to vote for Vice President Kamala Harris in November, but gave criticism for former President Donald Trump.
Yahya Sinwar’s use low-tech communications has vexed Israel’s efforts to kill him.
Dagens News (US) on MSN1d
Russia’s Shadow Fleet Resurfaces to Defy Western Oil SanctionsRussia has once again found a way to sidestep Western sanctions aimed at limiting its oil exports. Moscow’s notorious "shadow ...
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