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  2. Oil 2025: A tailwind for Trump as Wall Street projects lower ...

    www.aol.com/finance/oil-2025-tailwind-trump-wall...

    Brent crude futures rose to $74.60 a barrel on Tuesday and US West Texas Intermediate crude was up at $71.66 a barrel. For the year, Brent declined 3.2%, while WTI was down 0.1%. For the year ...

  3. Oil tanks more than 3% to lowest level since 2021 on weak demand

    www.aol.com/finance/oil-tanks-3-lowest-level...

    Oil prices resumed their ... 3% to close at $69.19 per barrel, its lowest level since December 2021. ... to average $82 per barrel in 4Q24 and average $84 per barrel in 2025," said the ...

  4. Oil prices could soar 62% by early 2025 if the geopolitical ...

    www.aol.com/oil-prices-could-soar-62-192624088.html

    The bank said oil prices could go as high as $120 per barrel in the first quarter of 2025, implying a 62% increase. Brent crude , the international benchmark, traded around $73.48 a barrel around ...

  5. 2023–2025 world oil market chronology - Wikipedia

    en.wikipedia.org/wiki/2023–2025_world_oil...

    The day after oil fell nearly 5 percent to a four-month low, the fourth down week finished with Brent at $80.61 and WTI at $75.89 as a result of continued bad news from China, high U.S. inventories and record production, with sanctions on Russian oil shipments causing prices to increase. [41] [42]

  6. Strategic Petroleum Reserve (United States) - Wikipedia

    en.wikipedia.org/wiki/Strategic_Petroleum...

    At recent market prices ($58 a barrel as of March 2021), [6] the SPR holds over $14.6 billion in sweet crude and approximately $18.3 billion in sour crude (assuming a $15/barrel discount for sulfur content). In 2012, the total value of the crude in the SPR was approximately $43.5 billion, while the price paid for the oil was $20.1 billion (an ...

  7. Price of oil - Wikipedia

    en.wikipedia.org/wiki/Price_of_oil

    Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...

  8. Oil headed to $65 per barrel in 2025 amid ample supply, BofA ...

    www.aol.com/finance/oil-headed-65-per-barrel...

    JPMorgan forecasts Brent slipping from an average of $80 per barrel this year to $73 per barrel in 2025 and $61 in 2026. Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X ...

  9. Oil oversupply could send prices tumbling in 2025, energy ...

    www.aol.com/oil-oversupply-could-send-prices...

    The oil market is headed into a troubled year in 2025, and crude prices may fall "much, much" lower, according to Tom Kloza, global head of energy analysis at Oil Price Information Service. The ...