Browsing: west texas intermediate

Oil prices fell more than 5% as Brent and WTI retreated, while Hormuz tanker traffic and tighter US inventories shaped trading data.

Gold heads for a weekly loss as surging oil prices raise inflation fears, push Treasury yields higher and strengthen the dollar globally.

WASHINGTON: U.S. crude oil jumped 8.7% to $104.95 a barrel and Brent crude rose 7.4% to $102.23 in Asian trading on…

NEW YORK: Goldman Sachs has raised its probability of a U.S. recession in the next 12 months to 30% from 25%, marking…

Oil prices extended gains, settling above $72 a barrel as supply concerns, OPEC+ policy uncertainty, and a weaker U.S. dollar supported crude amid market volatility.

Natural gas prices surged up to 20%, reaching their highest in nearly a year, as forecasts predict below-average January temperatures across the U.S. East Coast, driving energy demand.