Russia, Trump and Oil prices
Digest more
The broader trend suggests that other market forces (such as supply shocks, demand growth, and geopolitical risk) likely play a far greater role in setting the price of crude than SPR.
Crude oil steadies as Trump’s 50-day Russia deadline eases supply risk; traders eye weak China data and tariff threats for next oil demand move.
Refined product prices have so far outperformed crude futures. September Nymex RBOB was up 0.8ct at $2.133/gal and August RBOB was 1.6ct higher at $2.1816/gal. September ULSD rose 2cts to $2.3875/gal, and August ULSD was up 2.7cts at $2.4165/gal.
Crude oil futures fell by ₹65 to ₹5,706 per barrel due to decreased spot market demand, reflecting ongoing trade war concerns and global supply fluctuations.
Crude oil retreats as Trump’s 50-day sanction delay eases supply fears. WTI breaks support, risking further downside amid weak China data.
Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open the floodgates of global crude supply.
Oil prices and energy-related stocks were down across the board on Monday morning. WTI crude prices, the U.S. benchmark, are down 0.1% today to $64.27 a barrel. WTI is down 8.4% this year. The S&P 500
The price of Russia's Urals crude oil remained $2 per barrel below the $60 per barrel limit imposed by Western nations amid weak Brent prices, Reuters calculations based on traders' data showed on Friday.
Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory gain was offset by new geopolitical risks, OPEC’s
Feedback