Crude oil prices today: WTI is trading at $72.85
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.
EIA reduces crude oil price forecast through end-2025 on lower demand
In this month's outlook, EIA educed its 2025 forecast for US Lower 48 states (L48) crude oil production from last month by 1% to 11.3 million b/d. This reduction reflects a downward revision to EIA's West Texas Intermediate (WTI) crude oil price forecast.
Oil prices pared gains in early trade on Monday after charting their biggest weekly rise in over a year on Friday amid ...
The U.S. Energy Information Administration lowered its forecast for global oil demand growth in 2025 due to weaker economic ...
Global Brent crude prices settled Monday above $80 a barrel for the first time since August, as the risk of an Israeli ...
Republic Business on MSN6h
Oil Slips as Strong Supply Counters Middle East and Hurricane Risk"Despite the current heightened tensions in the Middle East, it is easy to forget that the oil market is very much vulnerable ...
5don MSN
Helima Croft, RBC global head of commodity strategy, joins 'Squawk on the Street' to discuss the impact of an Israeli attack ...
Urals crude oil have risen back above $65 a barrel at Russian Baltic and Black Sea ports, or $5 higher than the price cap set ...
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