Oil is sometimes seen as a "real-time indicator of a recession" given that prices for the commodity reflect best estimates of supply and demand, said Rob Thummel, senior portfolio manager at Tortoise ...

The West Texas Intermediate oil price dipped to $55.12 US per barrel early Wednesday, leaving analysts to speculate on what's ...

The US indices continue to see a lot of selling pressure, as the tariff wars continue. This being the case, it has become more of a “fade the rally” kind of game at this point in time.

At noon ET, May WTI fell $2.30 to $57.30/bbl, on track for a fifth session of sharp declines and to settle at its lowest since Feb. 5, 2021. June WTI was about $2.25 lower at $56.85/bbl.

In the early morning hours today, Brent crude futures slipped $2.13, or 3.39 per cent, trading at $60.69 per barrel. These declines marked Brent’s lowest price since March 2021.

Fears that Trump's new trade tariffs could trigger a global recession has sent oil prices plummeting - and drivers will ...

Investors are digesting tariff whiplash after the White House confirmed plans to levy 104% tariffs on China, set to go into ...

Oil prices plunged to even deeper four-year lows on Wednesday after China announced additional tariff measures ...

The front-month Brent crude futures contract was down by 6.3% to $58.83 per barrel as of 12.40 in London on Tuesday, while ...

MOSCOW, April 9. /TASS/. The price of futures contracts of Brent crude oil for June 2025 delivery has dropped below $60 per barrel on London's ICE for the first time since February 8, 2021, according ...

Oil prices dropped for a fifth day on Wednesday, hitting their lowest level since February 2021, after U.S. President Donald ...

Brent futures dropped $2.10, or 3.34%, to $60.72 a barrel as of 0935 GMT. US West Texas Intermediate crude futures fell $2.04 ...