Oil settles higher
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West Texas Intermediate (WTI) futures opened at $58.90 per barrel (bbl) on October 13, 2025. Brent crude opened at $62.73 per barrel. Both benchmarks remain closely watched gauges of global energy supply and demand.
Crude oil and refined product futures prices were lower in Tuesday morning trading as renewed U.S. trade tensions with China helped to erase Monday's gains. The NYMEX November West Texas Intermediate contract was down by $1.16 to $58.33/bbl at about 11:15 a.m. ET and the December WTI contract was $1.15 lower at $57.92/bbl.
Oil futures were mixed in early U.S. trade with the market watching for developments in efforts to bring an end to the Russia-Ukraine war. Cenovus Energy to Buy MEG Energy in $5.68 Billion Oil-Sands Tie-Up Cenovus Energy is buying rival MEG Energy, the ...
Oil futures settle modestly higher in a rangebound session with the market looking to Friday's planned meeting between Presidents Trump and Putin to discuss ways to end the Russia-Ukraine war. "The crude trade is taking it mostly as if there will be some ...
1524 ET – Oil futures settle slightly lower in a choppy session, with Ukrainian weekend attacks on Russian facilities and the EU’s plan for additional sanctions against Russia outweighed by concerns of coming oversupply. “Global oil balances appear ...
Oil futures lost ground as a U.S.-mediated deal seeking to end the Israel-Hamas war in Gaza took some geopolitical premium out of the market.