Oil price charts for brent crude, wti & oil futures Crude oil prices extended their thursday gains earlier today, set for a weekly rise as the prospect of peace in the ukraine dimmed amid seemingly incompatible demands from the warring parties. Energy news covering oil, petroleum, natural gas and investment advice
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The current price of west texas intermediate (wti) crude oil today is $58.90 per barrel
Live charts, historical data, futures contracts, and breaking news on wti prices can be found below.
Detailed analysis of crude oil price movements and crude oil news which looks at geopolitics and technical advancements affecting the oil sector Crude oil price analysis and research that covers crude oil futures and oil price forecasts We also look at events that cause oil price movements Crude oil prices are on course for another weekly decline following the news of a ceasefire between the israeli government and hamas, which was ratified today by tel aviv.
Oil prices ended the week slightly higher despite oversupply concerns, u.s Inventory builds, and ukrainian refinery attacks that failed to significantly move markets. Oil prices fell due to concerns about president trump's tariffs and potential global recession, with west texas intermediate crude briefly dipping below $60 per barrel.
