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Detailed analysis of crude oil price movements and crude oil news which looks at geopolitics and technical advancements affecting the oil sector. | Page 1

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The current price of West Texas Intermediate (WTI) crude oil today is $60.08 per barrel. Live charts, historical data, futures contracts, and breaking news on WTI prices can be found below.

1 day ago · Crude oil exports from the Russian terminals on the Black Sea were much lower in November than originally planned as bad weather and Ukrainian attacks on infrastructure have …

Aug 1, 2025 · The new oil discovery comes as Pakistan is looking to develop its domestic resources to reduce dependence on imported oil and gas.

Jul 14, 2025 · Global oil consumption reached an all-time high in 2024, driven primarily by non-OECD countries, with the U.S. remaining the largest consumer.

3 days ago · Light crude oil futures surged more than 8% this week, driven by aggressive short-covering and geopolitical risk after the U.S. slapped new sanctions on Russia’s top oil exporters.

Jul 28, 2025 · U.S. crude oil production from onshore federal lands reached a record high in 2024, largely driven by increased activity in New Mexico's Permian Basin, while offshore production growth …

Nov 22, 2025 · The IEA’s new outlook projects rising oil demand through 2050, reflecting stalled climate commitments, surging power needs from AI, and continued global reliance on fossil fuels.