U.S. West Texas Intermediate (WTI) crude was up 6 cents, or 0.1%, to $59.97
Novorossiysk resumed oil loadings on Sunday
Brent was trading at $64.54
Crude inventories rose by 6.4 million barrels to 427.6 million barrels
Oil and gas demand could continue to grow until 2050
Middle Eastern producers Saudi Arabia, Iraq and Kuwait will raise crude oil supplies to India
Both benchmarks fell about 2% last week
U.S. West Texas Intermediate crude was up 46 cents, or 0.77%, at $59.89
U.S. West Texas Intermediate crude was down 84 cents, or 1.38%, at $60.21
Morgan Stanley raised its Brent crude forecast for the first half of 2026 to $60 a barrel
U.S. West Texas Intermediate crude was at $60.50 a barrel
U.S. President Donald Trump lowered tariffs on China
U.S. West Texas Intermediate crude futures gained 72 cents, also 1.2%, to $60.87
Brent and WTI last week registered their biggest weekly gains since June
.S. West Texas Intermediate crude futures also advanced 30 cents, or 0.49%, to $62.09
Crude stocks fell by 961,000 barrels to 422.8 million barrels last week
Prices stabilised on Tuesday after hitting their lowest levels since early May on Monday
U.S. West Texas Intermediate futures were also up 10 cents, or 0.17%
U.S. West Texas Intermediate futures fell 14 cents, or 0.2%, to $58.56
U.S. West Texas Intermediate crude was down 2.1%
Brent and U.S. crude futures fell more than $2 a barrel
Crude futures are in a corrective phase
top Russian diplomat said the impetus to reach a peace deal with Ukraine was largely exhausted
West Texas Intermediate crude was down 20 cents, or 0.32%, to $61.49
Russia was advocating for an increase of 137,000 bpd to avoid pressuring prices
Oil prices are stabilizing at $60.00 a barrel after falling over 7.5% this week
OPEC+ could agree to raise oil production by up to 500,000 barrels per day
U.S. gasoline futures were on track for their lowest close since September 2024
OPEC+ has been pumping almost 500,000 bpd less than its targets
Markets continued to be focused on the situation between Russia and Ukraine