WTI rebounds near $65 on surprise inventory draw and Saudi price hike, but oil and gas face resistance amid bearish chart setups.
Oil markets remain under strong pressure amid demand concerns.
Gasoline inventories declined by 1.3 million barrels from the previous week.
WTI crude rebounds on API inventory drop, but OPEC+ output hike caps gains amid global trade tension concerns.
Geopolitical premium evaporated as traders ignored the threat of new sanctions on Russia.
W&T Offshore, Inc. (NYSE:WTI ) Q2 2025 Earnings Conference Call August 5, 2025 10:00 AM ET Company Participants Al Petrie - Corporate Participant Investor Relations Coordinator - Corporate Participant
WTI posts narrower-than-expected Q2 loss as lower costs offset weaker output and declining revenues.
With OPEC+ adding barrels and global demand faltering, crude oil futures slip. Analysts eye $62.69 as next WTI support—bearish signals building.

W&T Offshore (WTI) Q2 Revenue Falls 14%

02:13am, Tuesday, 05'th Aug 2025
W&T Offshore (WTI) Q2 Revenue Falls 14%
Although the revenue and EPS for W&T (WTI) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estima
W&T Offshore (WTI) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to a loss of $0.05 per share a year ago.
HOUSTON, Aug. 04, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T,” the “Company,” “we” or “us”) today reported operational and financial results for the second quarter o
U.S. President Trump accused India of buying Russian oil.
Oil markets retreat as traders focus on Non Farm Payrolls data.
Oil markets are moving lower as traders react to trade deals and tariff threats.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE