WTI Crude Oil News

Brent crude prices are consolidating lower at 65.47 in a stable downtrend. The market remains steady despite U.S. diplomatic pressure on Russian energy imports. Last week’s summit between U.S. President Donald Trump and Russian President Vladimir Putin ended without major breakthroughs, but

WTI Crude Oil prices are holding around 62.96 during the Asian session as investors digest OPEC’s monthly report. The cartel now expects global oil demand in 2026 to increase by 1.38 million barrels per day, which is 100 thousand bpd above the July estimate, while its outlook for 2025 remains

Brent crude oil prices are hovering near $68.10 in Asian trading as the market gears up for the crucial OPEC+ meeting scheduled for July 6. Key member Saudi Arabia is actively lobbying for the coalition to extend its output increases—potentially adding another 411,000 barrels per day in August