U.S. West Texas Intermediate crude

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Oil settles higher as investors assess attacks on Russian energy facilities
Yahoo Finance· 2025-09-15 08:52
By Georgina McCartney HOUSTON (Reuters) - Oil prices settled higher Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries and of U.S. President Donald Trump pressing NATO nations to halt Russian oil purchases. Brent crude futures settled up 45 cents, or 0.67%, at $67.44 a barrel while U.S. West Texas Intermediate crude settled 61 cents higher, up 0.97%, at $63.30 a barrel. Attacks on Russian oil infrastructure and mounting pressure from Trump on buyers of Russian crude ...
Oil gains weighed down by US demand worries
Yahoo Finance· 2025-09-12 09:26
By Erwin Seba (Reuters) - Oil prices rose on Friday after a Ukrainian drone attack suspended loadings from the largest port in western Russia, but gains were capped by concerns about U.S. demand. Brent crude futures settled at $66.99 a barrel, up 62 cents, or 0.93%. U.S. West Texas Intermediate crude finished at $62.69, a gain of 32 cents, or 0.51%. Early in the day, crude reacted to the drone attack on Russia's northwestern port of Primorsk, which led to a suspension of oil loading operations overnight ...
HSBC sees gradual unwinding of OPEC+ voluntary cuts over next year
Yahoo Finance· 2025-09-09 18:58
(Reuters) - HSBC's (HSBC) latest oil market supply and demand model envisions OPEC+ gradually unwinding 1.65 million barrels per day in "first-phase" voluntary production cuts over a 12-month period, the bank said in a note on Tuesday. The bank's oil market model had previously assumed that OPEC+ would take a breather after unwinding 2.2 million barrels per day (bpd) of cuts, and wait until 2026 to add more barrels. "However, the group seems undeterred by negative demand seasonality and the prospect of a ...