Tanker rates smash $1 million a day as oil shipping crisis deepens
Tanker rates have topped $1 million a day for the first time as shipowners balk at sending vessels into the…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
US Crude Oil
live price
92.349
+0.64%
Oil above $100 pushes U.S. fuel prices to record highs
U.S. diesel and gasoline prices hit fresh records this week as oil traded above $100 a barrel, driven by a…
Argentina’s Shale Oil Output Hits Record 72% of Crude Production
Argentina's oil production hit a record 902,920 barrels per day in July, with shale output from the Vaca Muerta formation…
Crude Oil WTI Stalls at $102.42 as Bearish Reversal Pattern Forms
WTI crude oil has stalled at $102.42 after a high-volatility rally, and technical signals now point to fading momentum. A…
Gold Pares Gains as Fed Raises Rates to 3.75%-4.00%, Oil Slide Offers Support
The Federal Reserve raised interest rates for the first time since July 2023, lifting the federal funds rate to 3.75%-4.00%….
