Tue, 21-Oct-2025

Oil prices rebound on Thursday and manages to stay above $40 mark

Oil Prices Drops Globally Amid COVID-19 Resurgence

Despite significant pressure, oil prices on Thursday rebounded and manages to stay above the psychological $40 benchmark. According to the details, Brent Crude rebounded slightly after suffering significant losses in the previous session. Brent crude is trading $1.19 (2.99%) higher at $40.97 at the time of publication, while the US West Texas Intermediate (WTI) is … Read more

Brent Crude slips 7 cents on worries of patchy US Economy

Oil Prices Drops Globally Amid COVID-19 Resurgence

Thursday morning trade witnessed a slight change in the oil prices on concerns about swaying United States economy. According to the details, Brent crude futures slipped 7 cents, or 0.2%, to $44.36 a barrel while U.S. West Texas Intermediate (WTI) crude futures inched up 3 cents, or 0.1%, to $41.54 a barrel. WTI slid to … Read more