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Brent crude oil futures settled up 41 cents, or 0.53%, at $77.49 per barrel. Oil prices rebound from multi-week lows as investors brace for Trump tariffs Skip to main content
NEW YORK (Reuters) -Oil prices fell about 2% to a two-week low on Monday as news of surging interest in Chinese startup DeepSeek's low-cost artificial intelligence (AI) model prompted concerns ...
(Reuters) -Oil prices eased to a fresh one-week low on Wednesday as the market considers how U.S. President Donald Trump's proposed tariffs could affect global economic growth and demand for energy.
The second full week of 2025 was the fourth week that the price of oil increased, with Brent finishing up 1.3 percent at $80.79 and WTI up 1.7 percent to $77.88. Sanctions on Russia were the most important factor. The Gaza ceasefire made further Houthi attacks on shipping less likely.
Roughly 70 percent of Mexico's natural gas consumption comes from the United States, and the U.S. imports about 700,000 barrels of crude oil from Mexico each day. [3] Food production between the two countries is also closely integrated: the U.S. sources roughly half of its fresh fruits and vegetables from Mexico, and Mexico is the top market ...
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...
The pullback is minor compared to oil’s recent moves. WTI and Brent futures are each up by about $15 per barrel since exactly two months ago. Oil takes breather after seven week rally [Video]
Such worries had sent the price of Brent crude up to nearly $81 per barrel in early October, despite signals that plenty of oil is available for the global economy. It’s since fallen back below $72.