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Detailed analysis of crude oil price movements and crude oil news which looks at geopolitics and technical advancements affecting the oil sector. | Page 1

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Oil prices were holding onto gains early on Tuesday, reversing an earlier dip in Asian trade, as geopolitical risks in Russia and Iran outweighed oversupply concerns in thin…

The current price of West Texas Intermediate (WTI) crude oil today is $57.32 per barrel. Live charts, historical data, futures contracts, and breaking news on WTI prices can be found below.

Jul 14, 2025 · Global oil consumption reached an all-time high in 2024, driven primarily by non-OECD countries, with the U.S. remaining the largest consumer.

Jun 22, 2025 · The United States is the largest oil and gas producer in the world. It is also experiencing a slowdown in its oil production for a number of reasons, including natural depletion.

Dec 9, 2025 · Oil prices are set to average below $60 per barrel next year, investment banks have said in their latest forecasts in recent weeks.

Jan 6, 2025 · Venezuela’s oil exports managed a notable 10.5% climb in 2024, hitting their highest levels since 2019.

Jul 28, 2025 · U.S. crude oil production from onshore federal lands hit a record 1.7 million barrels per day (bpd) in 2024, according to the EIA and the Department of the Interior.