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In its latest short term energy outlook (STEO), which was released on April 10, the U.S. Energy Information Administration (EIA) cut its West Texas Intermediate (WTI) oil price forecast for 2025 ...
“The fear of a trade war is hamstringing oil demand,” he said. The price of West Texas Intermediate is hovering around $60 per barrel, which is not low enough to kill the U.S. oil patc ...
Oil prices rebounded after the president delayed widespread tariffs, but the industry and analysts are uncertain about what's ...
The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) ...
The West Texas Intermediate oil price dipped to $55.12 US per barrel early Wednesday, leaving analysts to speculate on what's around the corner at a time of mass economic instability. And while ...
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At noon ET, May WTI fell $2.30 to $57.30/bbl, on track for a fifth session of sharp declines and to settle at its lowest since Feb. 5, 2021. June WTI was about $2.25 lower at $56.85/bbl.
To cover operating costs, oil producers need West Texas Intermediate index prices to be about $41 per barrel, according to a survey from the Federal Reserve Bank of Dallas. That price needs to be ...
Oil prices experienced a significant drop, with West Texas Intermediate crude momentarily falling below $60 per barrel. President Trump's recent tariff announcements have sparked fears of a global ...