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Tag: WEST TEXAS INTERMEDIATE

Global news

Oil Prices Surge Amid Geopolitical Tensions Regarding Russia and Iran

April 1, 2025April 1, 2025 - by Carmen Mendez - Leave a Comment

U.S. benchmark crude oil prices surged 2.65% on concerns about potential tariffs from Trump on Russian oil and military actions against Iran. Crude prices are affected by ongoing negotiations related …

Oil Prices Surge Amid Geopolitical Tensions Regarding Russia and Iran Read More
economics

WTI Crude Oil Prices Rise Amid Supply Concerns Linked to Venezuela

March 26, 2025March 26, 2025 - by Allegra Nguyen - Leave a Comment

WTI crude oil is trading at $69.15 amid tighter supply concerns due to U.S. tariffs on Venezuelan oil and a larger-than-expected decline in U.S. inventories. President Trump’s tariff announcement is …

WTI Crude Oil Prices Rise Amid Supply Concerns Linked to Venezuela Read More
Business

Declining Oil Prices Amid U.S. Deadline for Chevron’s Venezuela Operations

March 6, 2025March 6, 2025 - by Liam Nguyen - Leave a Comment

Oil prices are declining due to a U.S. deadline for Chevron to exit Venezuela, OPEC+ increasing production, and weakening U.S. crude demand. A notable drop in U.S. oil stocks was …

Declining Oil Prices Amid U.S. Deadline for Chevron’s Venezuela Operations Read More
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