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WTI edges higher above $64.50 amid supply concerns, potential US Fed rate cut
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.60 during the early Asian trading hours on Tuesday. The WTI extends the rally due to a pause in negotiations for a peace deal between Russia and Ukraine. Traders await the American Petroleum Institute (API) weekly crude
Gold steadies near two-week highs as US Dollar stabilizes
Gold (XAU/USD) kicks off the week on a softer footing, pulling back slightly after touching a two-week high on Friday following Federal Reserve (Fed) Chair Jerome Powell’s dovish remarks at the Jackson Hole Symposium, which fueled a broad rally in precious metals.Fxstreet
Aug 25, 2025
WTI Oil hit two-week highs above $64.00 on Fed cut's hopes,
Crude Oil prices are trading higher for the fourth day in a row on Monday, testing prices above $64.00 level for the first time over the last two weeks, as market expectations of lower interest rates in the United States have raised hopes of higher demand.Oil: India’s secondary tariffs come into effect this week – ING
Oil prices managed to finish last week higher, settling up almost 2.9% higher as enthusiasm over a potential Russia-Ukraine ceasefire wanes. Uncertainty prevails as US President Trump once again threatens to impose tougher sanctions on Russia unless there’s a deal to end the war.Fxstreet
Aug 25, 2025
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $63.71 per barrel, up from Friday’s close at $63.68.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $67.32.Gold climbs as Powell flags rising labor risks, dovish Fed tilt
Gold prices continue to trend higher on Friday after the Federal Reserve (Fed) leaned dovish, as commented by the Fed Chair Jerome Powell, who said that “downside risks to the labor market are rising.” XAU/USD trades at $3,371 after hitting a daily low of $3,321.Fxstreet
Aug 22, 2025
Increase in Saudi Arabia's Oil production doesn't lead to higher export supply – Commerzbank
Saudi Arabia exported less Crude Oil in June despite a significant increase in Oil production, according to data from the Joint Organizations Data Initiative (JODI), Commerzbank's commodity analyst Carsten Fritsch notes.Sharp decline in US Crude Oil inventories, gradual easing of distillate supplies – Commerzbank
Oil prices received support in the middle of the week from an unexpectedly sharp decline in US Crude Oil inventories last week of 6 million barrels, as reported by the US Department of Energy, Commerzbank's commodity analyst Carsten Fritsch notes.Fxstreet
Aug 22, 2025
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