Crude oil prices today: WTI prices are up 10.38% YTD
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark for U.S. oil prices in the trading world.
Oil prices fall, with weekly U.S. crude supplies up by more than 7 million barrels
Oil futures declined Wednesday, poised for a third straight session loss after official U.S. data revealed an unexpected weekly rise of more than 7
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for June delivery fell $2.93 to $79 per barrel Wednesday. Brent crude for July delivery fell $2.89 to $83.44 per barrel. Wholesale gasoline for June delivery fell 11 cents to $2.58 a gallon. June heating oil fell 8 cents to $2.45 a gallon. June natural gas fell 6 cents to $1.93 per 1,000 cubic feet.
Large Crude Inventory Build Rocks Oil Prices
Crude oil prices went lower today after the U.S. Energy Information Administration reported an inventory increase of 7.3 million barrels for the week to April 26
Oil prices fall on Mideast ceasefire hopes
STORY: The conflict in Gaza has rocked oil markets, sending prices higher. Traders have feared an unpredictable escalation, potentially hitting supplies in the region. On Wednesday, however, there were signs of those concerns easing.
Gold retreats amid high US yields, strong US Dollar as inflationary pressures rise
Gold dips sharply to $2,296 in response to US data showing an increase in employment costs, indicating persistent inflationary pressure. A stronger US Dollar and higher Treasury yields contribute to XAU/USD decline as market anticipates cautious Fed approach to rate adjustments.
'Liquid gold': An olive oil shortage is fueling record prices and food insecurity fears
A shortage of olive oil, sometimes referred to as "liquid gold," has driven prices to record highs, fueled a crime surge and ...
Oil prices tumble to seven-week lows on surprise build in U.S. crude stocks
Crude oil futures plunge to a seven-week low as US data reveals a surprise build in crude stocks as refineries reduced their ...
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Oil Prices Plummet 3% on US Inventory Build, Inflation
U.S. crude oil prices continued to plummet on Wednesday, falling over 3% and Brent crude right behind it, shedding over 2.8% ...
Oil giant Shell beats first-quarter profit estimates despite weaker gas prices
Shell reported adjusted earnings of $7.7 billion for the first three months of the year, beating analyst expectations of $6.5 ...
Oil prices drop amid rising inventories, diplomatic push for Gaza ceasefire
Oil prices have been on a decline over optimism over a possible ceasefire between Hamas and Israel and rising crude ...
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HPCL, BPCL, IOC shares gain up to 7% after crude oil prices cool off
The rally in OMC stocks was seen after crude oil prices experienced a third consecutive day of decline on Wednesday, fueled ...
Most Gulf bourses muted on weaker oil prices
Most stock markets in the Gulf were subdued in early trade on Wednesday as oil price fell, though Qatar's index edged up on ...