Tue, 21-Oct-2025

Oil prices increase as the dollar weakens and supplies are limited

Oil prices

Brent crude futures for September settlement rose 69 cents. or 0.7%, to $101.85 a barrel by 0421 GMT. U.S. West Texas Intermediate (WTI) crude futures were also up 0.3%. The next meeting of the OPEC and allies on Aug. 3 will be closely watched. The existing output pact expires in September. Global markets are focused … Read more

Oil falls 6% to a four-week low due to recession and a strong currency

Oil

Brent futures fell $6.69, or 5.6%, to settle at $113.12 a barrel, while U.S. West Texas Intermediate (WTI) crude fell $8.03, or 6.8%, to $109.56. It was the lowest close for Brent since May 20 and the lowest for WTI since May 12. There will be no U.S. trading on Monday due to the Juneteenth … Read more