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WTI, which is the America’s oil benchmark, dropped to $61.30, down by over 24% from its highest point this year. This article explores why the price will keep falling this year.
The price of Brent and WTI oil dropped 15% and 18%, respectively, in the month of April, according to CNBC. That's actually the largest one-month decline in oil since November 2021.
The NYMEX WTI Light Sweet crude oil futures contract has been around for 42 years, serving as the benchmark for U.S. oil prices and underpinning the prices of consumer goods like gasoline, diesel ...
U.S. crude oil supply will rise more slowly than expected for the rest of 2025 and in 2026 and peak as early as this year, as WTI benchmark prices below $60 per barrel are testing the breakeven ...
Recently suffering its worst 6-day performance in over three years, WTI crude oil has recently found support, trading ~15% higher than lows made earlier this month. Click to read.
Oil prices swooned on Thursday to settle with their steepest percentage loss since 2022, ... 2022, and WTI its biggest since July 11, 2022. At a ministers' meeting on Thursday, ...
WTI oil prices are set to average $58.30 per barrel this year, amid rising OPEC+ and U.S. production and relatively stable global oil demand, a survey of banks by law firm Haynes Boone showed on ...
The average response executives from 131 oil and gas firms gave when asked in the previous Dallas Fed Energy Survey what they expect the WTI crude oil price to be at the end of 2025 was $71.13 per ...
Oil Prices: WTI for February delivery added 2.9% to settle at $78.82 barrel at in New York. Brent for March settlement was up 1.6% to settle at $81.01 barrel. What do you think?