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Oil prices should improve next year, driven by healthy demand, TotalEnergies’ chief executive Patrick Pouyanne told Bloomberg, noting that a supply response from OPEC will also likely …

The current price of West Texas Intermediate (WTI) crude oil today is $56.44 per barrel. Live charts, historical data, futures contracts, and breaking news on WTI prices can be found below.

Jul 14, 2025 · Global oil consumption reached an all-time high in 2024, driven primarily by non-OECD countries, with the U.S. remaining the largest consumer.

Jun 22, 2025 · Oil production growth is slowing due to natural depletion and rising costs, especially in the Permian Basin, but new federal estimates could offset geological limits.

Jul 8, 2025 · Shell and Exxon warned of weaker Q2 earnings due to lower oil and gas prices, with Exxon expecting a $1.5 billion hit.

Jul 28, 2025 · U.S. crude oil production from onshore federal lands reached a record high in 2024, largely driven by increased activity in New Mexico's Permian Basin, while offshore production …

Jun 22, 2025 · The United States launched targeted strikes on three Iranian nuclear facilities, escalating Middle East tensions, prompting fears of soaring oil prices and drawing sharp …

2 days ago · The global oil market looks well-supplied at the end of the year, with output sufficient to absorb a supply disruption in Venezuela, the world’s biggest crude resource holder.