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Oil gains on Ukraine drone attacks cutting Russian supply
Yahoo Finance· 2025-09-26 01:45
By Erwin Seba HOUSTON (Reuters) -Oil prices rose on Friday as Ukraine's drone attacks on Russia's energy infrastructure cut the country's fuel exports. Brent futures settled at $70.13 a barrel, up 71 cents, or 1.02%. U.S. West Texas Intermediate (WTI) crude finished at $65.72 a barrel, gaining 74 cents, or 1.14%. Both benchmarks are set to register their biggest increases since mid-June. "Markets continued to be focused on the situation between Russia and Ukraine," said John Kilduff, partner with Again ...
Global Markets React to Oil Supply Surge, Crypto Expansion, and Tech Earnings
Stock Market News· 2025-09-23 07:08
Key TakeawaysOil prices declined for a fifth consecutive session as Iraq and Kurdish authorities agreed to restart a key pipeline, poised to add 230,000 barrels per day to global supply amidst oversupply concerns.South Korean crypto exchange Bithumb has partnered with World Liberty Financial (WLFI), a DeFi project linked to the Trump family, for significant expansion into the robust South Korean market, despite initial WLFI token volatility.Raspberry Pi (RPI) reported stronger-than-expected first-half profi ...
Oil prices settle lower, US economic concerns outweigh Fed rate cut
Yahoo Finance· 2025-09-18 00:52
By Scott DiSavino NEW YORK (Reuters) - Oil prices eased on Thursday, settling lower as traders remained worried about the U.S. economic outlook a day after the U.S. Federal Reserve cut interest rates for the first time this year. Brent crude futures fell 51 cents, or 0.8%, to settle at $67.44. U.S. West Texas Intermediate (WTI) crude fell 48 cents, or 0.8%, to settle at $63.57. The Fed cut its policy rate by a quarter of a percentage point on Wednesday and indicated it will steadily lower borrowing cost ...