Oil Markets at a Crossroads: Brent and WTI Struggle Near Key Technical Level

Oil Markets at a Crossroads: Brent and WTI Struggle Near Key Technical Level

Oil prices have stabilized this morning after experiencing modest movements in the previous session, with both major benchmarks showing slight gains as traders assess multiple factors affecting the global energy market. As of Tuesday morning, May 20, 2025: Brent Crude: Trading at $65.66 per barrel, up 0.35% (gaining 12 cents) WTI Crude: Trading at $62.85 […]

Oil is rising in New York, where prices rise by 1.27% to $62.82 per barrel.

The price of a barrel of Brent oil, which has once again held above $65, was traded at $65.63 in international markets. The price increase indicates that the nuclear negotiations between the US and Iran will be disrupted... Click for more

WTI holds above $62, consolidating near key technical levels

Crude Oil prices remain under pressure on Tuesday, weighed by a combination of rising global supply and persistent economic uncertainty.