Oil price charts for brent crude, wti & oil futures Energy news covering oil, petroleum, natural gas and investment advice This report provides an overview of global oil and natural gas market trends, including price changes, production data, and geopolitical developments impacting energy. In early asian trade on monday, crude oil prices were climbing after the united states senate passed a funding agreement that could end the federal government shutdown. The current price of west texas intermediate (wti) crude oil today is $59.80 per barrel Live charts, historical data, futures contracts, and breaking news on wti prices can be found below.
Oil production growth is slowing due to natural depletion and rising costs, especially in the permian basin, but new federal estimates could offset geological limits. Venezuela’s oil exports managed a notable 10.5% climb in 2024, hitting their highest levels since 2019. The united states launched targeted strikes on three iranian nuclear facilities, escalating middle east tensions, prompting fears of soaring oil prices and drawing sharp reactions globally.
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