Site Icon My Commodity News

Crude Oil (WTI) News

All news articles related to Crude Oil (WTI)

WTI Crude Under Pressure as Global Supply Surplus Forecasts Loom

WTI Crude Under Pressure as Global Supply Surplus Forecasts Loom

Oil prices settled marginally higher but remain in a bearish trend due to expected OPEC production increases in 2026.

WTI Crude Struggles as Global Supply Surplus Fears Intensify

WTI Crude Struggles as Global Supply Surplus Fears Intensify

West Texas Intermediate oil fell to $56.37 per barrel as J.P. Morgan and Goldman Sachs warn of an oversupplied 2026 market.

WTI Crude Jumps as Trump Orders Blockade of Sanctioned Tankers

WTI Crude Jumps as Trump Orders Blockade of Sanctioned Tankers

Oil prices rallied over 1 percent after a US order to blockade sanctioned tankers entering Venezuela sparked supply concerns.

WTI Oil Slumps to Fresh Lows on Global Surplus Fears

WTI Oil Slumps to Fresh Lows on Global Surplus Fears

WTI crude fell to $55.95/barrel, trading at a multi-year low as bearish forecasts for a massive global supply surplus from non-OPEC output continue to dominate sentiment.

WTI Crude Hits Multi Week Low on Growing Global Oversupply Fears

WTI Crude Hits Multi Week Low on Growing Global Oversupply Fears

WTI crude fell to $56.63/barrel, a multi-week low, as weak Chinese demand and forecasts for a record non-OPEC supply surplus in 2026 drove bearish sentiment.

WTI Oil Stabilizes Near $58 Amidst Fears of Looming Supply Glut

WTI Oil Stabilizes Near $58 Amidst Fears of Looming Supply Glut

WTI crude holds near $58 but heads for a weekly loss as forecasts predict a major supply surplus in 2026.

Oil Prices Hold Steady as Traders Weigh Supply Glut Against Geopolitics

Oil Prices Hold Steady as Traders Weigh Supply Glut Against Geopolitics

WTI crude stabilizes near $60 as geopolitical risks balance out growing supply from the Americas.

Crude Oil Rally Sparks Global Concern: Iran Conflict, Strait of Hormuz in Spotlight

Crude Oil Rally Sparks Global Concern: Iran Conflict, Strait of Hormuz in Spotlight

Global crude oil markets witnessed a sharp rally on Friday following heightened geopolitical tensions between Iran and Israel.

WTI Oil Drifts Lower as Oversupply Concerns Overwhelm Geopolitical Risk

WTI Oil Drifts Lower as Oversupply Concerns Overwhelm Geopolitical Risk

WTI crude traded near $57.69, unable to gain ground as market attention remains fixed on a forecasted supply surplus from non-OPEC countries.