Wednesday, January 7, 2026 ________________________________________ MARKET SNAPSHOT Oil tumbled as Trump announced a deal to import up to $2 billion worth of Venezuelan crude, adding supply to an already oversupplied market. Brent crude fell $0.16 to $60.54/bbl, while WTI dropped $0.27 to $56.86/bbl as of 7:00 AM EST. Both benchmarks extended declines of over $1 from the previous session. The deal flips the Venezuela narrative from supply disruption to supply addition, with T

Monday, December 22, 2025 ________________________________________ MARKET SNAPSHOT Oil rallied on renewed Venezuela supply disruption fears. Brent crude gained $1.18 to $61.65/bbl, while WTI rose $1.10 to $57.62/bbl as of 6:30 AM EST. Both benchmarks fell roughly 1% last week. "The market is waking up to the fact that the Trump administration is taking a hardline approach to Venezuelan oil trade" Venezuelan crude accounts for about 1% of global supply. _______________________

Friday, December 12, 2025 ________________________________________ Oil edged lower and headed for a weekly decline as oversupply concerns overshadowed geopolitical risks. Brent crude fell $0.11 (0.31%) to $61.17/bbl, while WTI dropped $0.08 (0.26%) to $57.52/bbl as of 7:00 EST. Both benchmarks tumbled roughly 1.5% Thursday and are down over 4% for the week. Markets are prioritizing fundamental supply glut fears and potential Russia-Ukraine peace deal over escalating U.S.-Ven

Thursday, December 4, 2025 | 6:00AM EST ________________________________________ Oil edged higher on supply disruption concerns despite weak fundamentals. Brent crude rose $0.39 (0.65%) to $63.06/bbl, while WTI gained $0.45 (0.76%) to $59.40/bbl. Key Driver: Ukraine's intensifying attacks on Russian oil infrastructure combined with no diplomatic breakthrough kept supply concerns alive, though broad oversupply kept gains modest. ________________________________________ TOP DEV

Wednesday, December 3, 2025 MARKET SNAPSHOT Oil rallied over 1% as hopes for near-term sanctions relief faded. Brent crude climbed $0.85 (1.3%) to $63.30/bbl, while WTI gained $0.85 (1.5%) to $59.49/bbl as of 5:55 AM EST. Both benchmarks reversed Tuesday's 1%+ losses. Key Driver: Failed U.S.-Russia peace talks in Moscow eliminated prospects for quick removal of sanctions on Russian oil companies, keeping supply constraints in play longer than some traders anticipated....

Tuesday, December 2, 2025 Oil traded slightly lower in early U.S. hours as markets balanced renewed geopolitical risk—drone strikes on Russian energy sites and escalating U.S.–Venezuela tensions—against ongoing worries of a structurally oversupplied 2026. Monday’s gains faded, but the tone remained steadier than last week as traders reassessed infrastructure damage, diplomacy updates, and shifting Russian supply flows. ________________________________________ Market Snapshot

Monday, Dec 1, 2025 Oil markets are rebounding sharply to start the week as fresh supply disruptions, renewed geopolitical tensions, and an OPEC+ decision to keep output steady all collide with a market that had been trading heavily on surplus concerns. Traders are weighing the immediate impact of the Caspian Pipeline Consortium export halt and the U.S.-Venezuela escalation against the longer-term signals from OPEC+ that stability now outweighs any push to reclaim market shar

Monday, November 24, 2025 Oil prices slipped early Monday, extending last week’s decline as traders balanced the prospect of a U.S.–Ukraine peace plan against shifting expectations for a December Federal Reserve rate cut. ________________________________________ Market Snapshot • Brent down 32 cents to $62.24 by 6:00 EST; WTI down 30 cents at $57.76. • Crude is coming off a ~3% weekly decline, with year-to-date losses near 17%. • Market tone remains macro-driven, dominated by

Friday Nov 21, 2025 Oil fell sharply on Friday, extending a three-session decline as U.S. efforts to broker a Ukraine-Russia peace deal weighed on sentiment, raising the possibility of increased global supply and reinforcing broader macro caution. ________________________________________ Market Snapshot • Brent fell more than 2%, settling at $62.47 by 6:30 EST. • WTI dropped to $57.97, with both contracts tracking weekly losses of ~4%. • Risk appetite weakened on peace-deal h

Wednesday, November 5, 2025 Oil prices were little changed as traders weighed weak manufacturing data from top importers against signs of firmer U.S. fuel demand and continued supply disruptions from Ukraine’s attacks on Russian energy infrastructure. ________________________________________ Market Snapshot • Brent crude rose 32 cents to $64.76 a barrel by 6:00 EST. • WTI gained 32 cents to $60.88. • Dollar index hovered near a three-month high, limiting oil’s upside. • Both

________________________________________ Tuesday, November 4, 2025 Oil prices fell more than 1% on Tuesday, extending losses after OPEC+ agreed to pause output hikes in early 2026, while weak manufacturing data in Asia and a firmer U.S. dollar added to bearish sentiment. Traders also awaited U.S. inventory data for signs of whether stockpiles are beginning to build amid growing signs of an oversupplied market. ________________________________________ Market Snapshot • Brent c

Thursday, October 30, 2025 Oil prices edged lower as traders weighed a tariff truce between the United States and China against fresh signs of policy easing from the Federal Reserve and continued uncertainty over Russian sanctions. The combination of macro optimism and lingering oversupply concerns kept markets cautious ahead of next week’s OPEC+ meeting. ________________________________________ Market Snapshot • Brent crude futures down 32 cents to $64.60/bbl at 6:15 EST; WT

Wednesday, October 29, 2025 Oil prices edged higher as data showed a sharper-than-expected drop in U.S. crude inventories and traders grew optimistic ahead of Thursday’s meeting between Presidents Trump and Xi in South Korea. Gains were capped by ongoing uncertainty over sanctions on Russian producers and the prospect of an OPEC+ output increase in December. ________________________________________ Market Snapshot • Brent crude up 7 cents to $64.47/bbl at 6:15 EST; WTI up 1 c

Friday, October 3, 2025 Oil prices edged lower Friday, extending the prior session’s drop as the market’s geopolitical risk premium faded...

Wednesday, October 8, 2025 Crude prices gained roughly 1% early Wednesday as markets looked past oversupply concerns and found support in...

Monday, October 6, 2025 Crude prices rebounded more than 1% early Monday after OPEC+ announced a smaller-than-expected production hike...

Friday, Oct 3, 2025 Crude was modestly higher early Friday but still headed for a steep weekly decline of 7–8%, with traders cautious...

Thursday Oct 2, 2025 Crude extended losses into a fourth straight session, hitting the weakest levels since June, as oversupply concerns...

Thursday, September 25, 2025 Crude prices pulled back from seven-week highs Thursday as profit-taking and signs of resumed Kurdish flows...

Tuesday, September 23, 2025 Oil prices rose modestly Tuesday as Iraq and its Kurdish region reached a preliminary deal to restart...