Oil Price slipped today after signs that Russia’s key Black Sea port of Novorossiysk has restarted crude loadings, easing the immediate supply shock from last week’s strike. Brent crude futures for January traded around 63.80 dollars a barrel in Asian hours, down about 0.9 percent, while West Texas Intermediate futures were near 59.47 dollars, off…
The oil price today remains steady as global traders continue to weigh two major forces: rising US crude stockpiles and renewed optimism about a potential trade truce between the United States and China. After days of volatility, the market is showing signs of caution, as investors avoid making big moves before more economic data is…
On Tuesday, October 28, 2025, crude oil prices experienced a notable decline, with Brent crude falling to $64.61 per barrel and West Texas Intermediate (WTI) dropping to $60.19 per barrel. This 2% drop marks the third consecutive day of losses, driven by a combination of factors, including oversupply concerns and the impact of new sanctions…