Saturday, February 22, 2025
Oil prices on track for weekly rise amid supply disruptions- oil and gas 360

Oil prices on track for weekly rise amid supply disruptions

(Investing) – Oil prices fell on Friday, but were on course to secure a weekly gain, as traders eyed supply chain disruptions in Russia and a drawdown in U.S. gasoline and distillate stockpiles. Brent oil futures had fallen by 0.8% to $75.86 per barrel as of 08:05 ET (13:05 GMT), while West Texas Intermediate (WTI) crude futures had slipped by 0.9% to $71.85 per

Oil trades steady as Ukraine peace talks counter supply disruptions- oil and gas 360

Oil trades steady as Ukraine peace talks counter supply disruptions

(CNBC) – Oil prices were largely steady on Thursday, paring losses of more than 1% earlier in the session, as a potential peace deal between Russia and Ukraine continued to exert downward pressure, but expectations about a pause in new U.S. tariffs fueled optimism. Brent crude futures closed down 16 cents, or 0.21%, at $75.02 a barrel, while U.S. West Texas Intermediate crude (WTI) settled down 8