Analysis

Investing.com -- Oil prices have suffered a bumpy start to the year, but JPMorgan (NYSE:JPM) says many in the market aren't yet to adopt a bearish consensus amid expectations for sanctions on Iran, Russia, and Venezuela to continue to keep a lid on global crude supplies.

West Texas Intermediate (WTI) crude Oil price extends its losing streak for the fifth successive day, trading around $66.00 per barrel during European trading hours on Thursday.

LAUNCESTON, Australia, Feb 27 (Reuters) - Asia's crude oil imports are off to a weak start in 2025, as top importer China continues to buy less and new sanctions put the brakes on cargoes from the continent's top supplier Russia.

The Canadian government would have to play a significant role in any project to build new oil pipelines in Canada to overcome regulatory, financial and political hurdles and activist opposition, industry experts said.

OPEC and its allies face a tricky dilemma: should they start loosening oil production caps even though the crude supply and demand picture is unlikely to improve in the near future? They may well opt to again delay the crucial moment to keep prices steady, but they increasingly risk losing control..

Feb 20 (Reuters) - Oil prices edged lower on Thursday after an industry report showing a build in U.S. crude stockpiles weighed on sentiment, falling back from gains made in the previous session on worries over supply disruptions in Russia.

West Texas Intermediate (WTI) US Crude Oil prices extend the overnight pullback from the vicinity of the $73.00 mark, or a one-week top, and drift lower during the Asian session on Thursday.

Tightened U.S. sanctions on Moscow have disrupted a roaring trade in discounted Russian oil to China and India, reviving demand for Middle Eastern and African crudes, roiling shipping markets and driving up oil prices.

Crude Oil price steadies on Friday and tries to claim the $70 level after surging over 4.5% so far this week, fueled by fresh escalation between Russia and Ukraine.

LONDON, Nov 21 (Reuters) - Oil prices climbed more than 2% on Thursday as Russia and Ukraine launched missiles at each other, overshadowing the impact of a bigger-than-expected increase in U.S. crude inventories.

Despite an escalation in the Russia-Ukraine war, there has been limited impact on oil prices. ICE Brent settled almost flat yesterday, even after Ukraine fired a US-made long-range missile into Russia for the first time.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.30 on Wednesday. The WTI price trades flat after Ukraine used US ATACMS missiles to strike Russian territory for the first time. 

Crude Oil price is trading below $68.00 on Monday, ticking up slightly following the escalation in the war between Russia and Ukraine over the weekend.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.40 on Friday.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading to around $67.90 on Thursday.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.00 on Wednesday.

Investing.com -- OPEC and its allies are facing unfavourable backdrop for the plans to boost production as a potential crude surplus in 2025 and cooling demand will likely continue to blunt any boost to oil pricesfrom potential supply disruptions, strategists from BofA said in a Monday note.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.00 on Tuesday.

West Texas Intermediate (WTI) Oil price continues to decline for the second consecutive day, trading around $69.90 per barrel during the Asian hours on Monday.

West Texas Intermediate (WTI) Oil price steadies around $71.50 per barrel during the Asian session on Friday, positioning for a weekly gain of over 3%.