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Global Oil Prices Slip, But Weekly Gains Stay Intact Amid Tariffs and Supply Concerns

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Global Oil Prices Slip, But Weekly Gains Stay Intact Amid Tariffs and Supply Concerns
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Crude oil prices eased slightly on Friday but remained on track for another weekly gain as fresh U.S. tariffs on Indian exports raised questions over the future flow of Russian crude. As of writing, Brent crude traded at $68.17 per barrel, while West Texas Intermediate (WTI) hovered near $64.20, both edging lower from Thursday’s close. […]
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ChatGPT Image Aug 8, 2025, 10_13_34 AM

Oil Prices Rebound on U.S. Demand Strength Despite Sanctions Uncertainty

Citi Predicts Brent Crude Could Slide to Low-$60s by Year-End Amid Market Softening

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ChatGPT Image Aug 12, 2025, 04_35_32 PM
Business
Analysts at Citibank expect Brent crude prices to drift toward the low $60 per barrel range before the year closes, pointing to signs of a cooling market. As of Wednesday afternoon, Brent futures traded at $66.53 per barrel, down 36 cents, while U.S. West Texas Intermediate (WTI) slipped 38 cents to $63.97.The bank noted that […]
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ChatGPT Image Aug 8, 2025, 10_13_34 AM

Oil Prices Rebound on U.S. Demand Strength Despite Sanctions Uncertainty

Oil Prices Rebound on U.S. Demand Strength Despite Sanctions Uncertainty

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ChatGPT Image Aug 8, 2025, 10_13_34 AM
Business
Oil prices climbed on Thursday, snapping a five-day losing streak, as strong consumption in the United States—the world’s largest oil consumer—helped offset concerns over potential supply disruptions. Hopes for progress in U.S.-Russia talks over the Ukraine conflict also tempered fears of additional sanctions tightening global supplies. By early Asian trading, Brent crude rose 20 cents, […]
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Oil Holds Firm Amid Tariff Tensions and Sanctions Shockwaves

Oil Holds Firm Amid Tariff Tensions and Sanctions Shockwaves

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Oil prices remained largely unchanged on Friday but stayed on track for strong weekly gains, as global investors closely monitored the effects of sweeping U.S. tariffs and looming sanctions announced by former President Donald Trump. Brent crude futures slipped by 35 cents (0.49%) to $71.35 a barrel by 10:39 GMT, while U.S. West Texas Intermediate […]
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ChatGPT Image Jul 17, 2025, 10_22_41 AM

Nvidia CEO Eyes Return to Advanced Chip Sales in China as Export Curbs Ease

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