Crude Oil: WTI Likely to Test Yearly Lows Amid Significant Oversupply Concerns
WTI tests this year’s lows near $55–56, with further declines possible. Record oversupply risks and weaker demand from US-China trade ...
Thursday, August 6, 2026
Tag: Crude
Pakistan Turns to Vitol for More U.S. Crude
Pakistan has taken another step in diversifying its crude oil supplies with a second purchase of U.S. crude, breaking from ...
Crude Oil Prices Tumble as OPEC+ May Boost Crude Production
October WTI crude oil (CLV25) today is down -1.75 (-2.67%), and October RBOB gasoline (RBV25) is down -0.0301 (-1.47%). Crude ...
Crude Prices Supported by Geopolitical Risks and Possible Fed Rate Cut
October WTI crude oil (CLV25) today is up +0.98 (+1.54%), and October RBOB gasoline (RBV25) is up +0.0083 (+0.42%). Crude ...
Crude Oil: Supply-Side Pressures, Tariff Risks May Trigger Break Below Key Support
This year, several factors are shaping prices across different grades. Along with the usual indicators like production levels, inventory data, ...
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