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WTI Crude Surpasses $75 Mark Amid Supply Concerns and Geopolitical Tensions

Christopher Adams 08 Jan, 2025

WTI crude oil prices surged above $75 for the first time since October 2024, driven by supply concerns and geopolitical tensions. U.S. crude inventories dropped significantly, and ...

Market

US Oil Inventories Drop Sparks WTI Surge: What's Next for Oil Prices?

Jessica Bennett 19 Dec, 2024

Oil futures prices surged on Wednesday following a reported 0.9 million barrel decrease in US oil inventories, sparking supply concerns and driving WTI and Brent prices higher.