Oil markets are losing ground as traders focus on U.S. – China trade war.
W&T is a small cap offshore oil and gas producers that recently broke below its 2020 pandemic lows. Back then, oil was $-37 as opposed to $63 now and the debt concerns were way more significant. W&T r
China exempted some U.S. imports from tariffs, which was bullish for oil.
HOUSTON, April 25, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (the “Company”) today announced the timing of its first quarter 2025 earnings release and conference call. The Company sa
Oil prices attempt to rebound after yesterday's sell-off.
Traders worry that OPEC+ will raise production despite the negative impact of trade wars.
New U.S. sanctions against Iran did not provide material support to oil markets.
WTI rebounds above $63.06 on short-covering, but oil outlook stays bearish as recession fears and Iran talks weigh on crude oil demand.
Oil traders rushed to take some profits off the table after the recent rally.
WTI drops below $63.50 as Iran-U.S. nuclear talks ease supply concerns, shifting oil sentiment. Natural gas holds under resistance amid weak momentum.
WTI nears $67 after triangle breakout; Iran sanctions and OPEC cuts fuel upside. Brent gains while natural gas battles bearish trendline resistance.
Oil traders bet that supply of Iranian oil would decline.
WTI crude breaks triangle pattern, targeting $67 amid bullish momentum, tight supply, and a weaker dollar lifting energy market sentiment.
Weak dollar provides additional support to oil markets.
Gasoline inventories declined by 2.0 million barrels from the previous week.
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