West Texas Intermediate Crude Oil

Oil is falling even as the US winter storm curbs crude production

Oil prices fell on Tuesday even as a massive winter storm hit crude production and hit refineries on the US Gulf Coast. Brent crude futures fell 28 cents, or 0.4%, to $65.31 a barrel at 0145 GMT. U.S. West Texas Intermediate crude traded at $60.39 a barrel, down 24 cents, or 0.4%. In the U.S., […]

By Tomasa Rizzotti

January 27, 2026January 27, 2026

Stock Market

Oil is rising, but Brent is on track for the longest period of annual losses in 2025

Oil prices were little changed on Wednesday but are expected to fall more than 15% in 2025 as supply exceeds demand in a year marked by wars, higher tariffs, OPEC+ production and sanctions on Russia, Iran and Venezuela. Brent crude futures, down nearly 18% – the most substantial annual percentage decline since 2020 – are […]

By Tomasa Rizzotti

December 31, 2025December 31, 2025

Stock Market

Oil prices rise by 1.5%, while Trump’s blockade of Venezuela fuels uncertainty

Oil prices rose more than 1% on Wednesday after US President Donald Trump ordered “a total and complete” blockade of all sanctioned oil tankers entering and leaving Venezuela, raising new geopolitical tensions at a time of demand concerns.Brent crude futures rose 87 cents, or 1.5%, to $59.79 a barrel at 0730 GMT, while U.S. West […]

By Tomasa Rizzotti

December 17, 2025December 17, 2025