latest oil prices

Middle East War Causes Panic, WTI Oil Prices Rise!

Witriyani Thu, 04 Jan 2024

WTI oil prices rose to nearly $73.00 per barrel during the Asian session last Thursday due to tensions between Israel and Gaza and disruptions in Libyan oil fields. This increase was triggered by the

China Triggers WTI Oil Price Surge, Soaring Above $81.00!

Witriyani Mon, 21 Aug 2023

WTI, or Western Texas Intermediate, the U.S. benchmark crude oil, traded around $81.02 on Monday, experiencing moderate gains for three consecutive days. However, the upward price trend for W

Strong Demand Triggers Rapid Oil Price Rise!

Witriyani Fri, 07 Jul 2023

Oil prices rose slightly on Friday, posting a second straight weekly gain, as strong demand led to a larger-than-expected draw in U.S. crude stockpiles, offsetting concerns about higher U.S. interest

Oil Prices Rise For Asia Trade On Kurdistan Risks

Witriyani Wed, 29 Mar 2023

Crude oil prices rose in Asian trading on Wednesday, extending gains to a third straight session as disruptions in crude oil shipments in Kurdistan and a major drawdown in U.S. inventories could point

Global Oil Prices Drop as US Delays Replenishment of Reserves

Witriyani Fri, 24 Mar 2023

Global oil prices fell on Friday in Asian trade due to comments by US Energy Secretary Jennifer Granholm who said it would be difficult to quickly replenish the country's Strategic Petroleum Reserve (

Oil Prices Post Weekly Decline as COVID-19 Surge

Wachda Mihmii Fri, 14 Oct 2022

Oil prices rose on Friday but were set to end the week lower as a surge in COVID cases in China fueled concerns about slowing demand, while the U.S. posted a bigger-than-expected build in crude invent