WTI Defends $69.09 and Brent Holds $72.34 as OPEC+ Discipline Meets U.S. Shale Growth
WTI crude held at $69.09 on Friday, defending its 50-period EMA as OPEC+ supply discipline met growing U.S. shale output....
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
US Crude Oil
live price
70.091
+1.11%
OPEC+ lifts August oil output by 188,000 bpd for a fifth month as Brent holds below $72
OPEC+ agreed to raise August output by 188,000 barrels a day, its fifth straight monthly increase, and oil opened lower...
Crude oil pins to $70 as holiday liquidity thins ahead of US weekend
Thin holiday liquidity is keeping WTI and Brent crude boxed in ahead of the US Independence Day weekend, with the...
Japan’s yen weakness and a possible BoJ rate-hike could unwind the carry trade and revive gold, analyst says
A shift in tone from Japanese officials and rising Japanese bond yields point to possible Bank of Japan tightening, which...
Citi Sees Brent Crude Falling to $60 a Barrel by Year-End as US-Iran Truce Holds
Citi expects Brent crude to fall to $60 a barrel by year-end, betting that the U.S.-Iran truce holds despite occasional...
