Tag: WTI Crude Oil

The specter of a prolonged conflict in the Middle East has sent shockwaves through global energy markets, bolstering oil prices.

While oil prices softened slightly on Thursday, they remained within the trading band seen since the start of 2023.

Oil prices typically rise when the dollar falls as a weaker dollar makes crude cheaper for buyers holding other currencies.

Oil is generally priced in U.S. dollars, so a stronger greenback makes the commodity more expensive to holders of other ...

Brent crude oil futures were on track to fall for the week, and WTI was on course for a 1.6% ...