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Oil prices rose over 1% on Wednesday, recovering from a sharp slide early this week, as data showed relatively strong U.S.
WTI crude oil fell over 15% from recent highs, reaching $65 after breaking key trendline support. Click to read.
Brent settled on Tuesday at its lowest since June 10 and WTI since June 5, both before Israel launched a surprise attack on key Iranian military and nuclear facilities on June 13 ...
Direct U.S. involvement in the war had investors worried about the Strait of Hormuz, a narrow waterway between Iran and Oman, through which between 18 million and 19 million barrels per day (bpd) of ...
President Trump said China can purchase Iranian oil, despite his administration's imposition of numerous sanctions designed to impede such trade. “China can now continue to purchase Oil from Iran.
Oil futures extended yesterday’s losses as the Israel-Iran cease-fire took another chunk of risk premium out of the market and fundamentals came back into focus.
These prices may experience some short-term pressure as farmers accumulate a new winter wheat harvest, but production issues in the southern portion of the country as well as a possible reduction to ...
Oil prices tumbled sharply on June 24, with WTI crude futures sinking to $66 per barrel. Israel and Iran agreed to ceasefire, ...
Key Takeaways Oil futures surged to a five-month high Monday morning after the U.S. struck Iranian nuclear facilities over ...
Both WTI and Brent crude oil futures are back to being higher on the session, though each still well off their highest levels -- WTI at $73.99, vs. a peak of $78.40, and Brent at $77.15 vs. a peak of ...
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Brent futures had lost 3.5% to $74.61 a barrel but rolled back further on to $75.3 per barrel, down 2.2%. WTI futures with the settlement in August 2025 tumbled 2.67% to $72.27 per barrel.