The reference oil traded most frequently and of major significance for the USA is West Texas Intermediate (WTI), while the most important in Asia is Dubai Fateh. Other reference oil types include ...

Oil prices rebounded after the president delayed widespread tariffs, but the industry and analysts are uncertain about what's ...

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“The fear of a trade war is hamstringing oil demand,” he said. The price of West Texas Intermediate is hovering around $60 per barrel, which is not low enough to kill the U.S. oil patc ...

In its latest short term energy outlook (STEO), which was released on April 10, the U.S. Energy Information Administration (EIA) cut its West Texas Intermediate (WTI) oil price forecast for 2025 ...

Executives are loathe to boost US oil supply with West Texas Intermediate down about 27% since Trump’s inauguration less than three months ago. It’s now hovering around $57, below the level ...

At noon ET, May WTI fell $2.30 to $57.30/bbl, on track for a fifth session of sharp declines and to settle at its lowest since Feb. 5, 2021. June WTI was about $2.25 lower at $56.85/bbl.