1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 451.54 USD 1 Barrel ... The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield ...

The decisions of OPEC, a group of major Oil-producing countries, is another key driver of price. The value of the US Dollar influences the price of WTI Crude Oil, since Oil is predominantly traded ...

HSBC revised down its Brent crude oil price forecasts for 2025 and 2026, following the announcement of tariffs by U.S. President Donald Trump and the decision by OPEC+ to increase production, the bank ...

Oil benchmarks hit their lowest levels since 2021 as investors worried the inflationary risks of tariffs and OPEC’s recent ...

A steep drop in crude oil prices largely due to U.S. President Donald Trump's tariffs will squeeze budgets of emerging market oil exporters, analysts said, while the potential economic slowdown could ...

Oil prices plunged this week to $65 per barrel as the United States import tariffs and an unexpected OPEC+ supply hike erased ...

Sun, 13 Apr 2025 23:28:13 GMT Oil News ... price collapse to below $50 per barrel if a “perfect storm” emerges. This could include a sharp economic slowdown in China and Europe, escalating ...

China tariffs threaten oil demand growth and oversupply fears mount. Market braces for prolonged price weakness.

Crude oil prices for Brent and WTI benchmarks dropped below $70 per barrel after Trump's tariff announcements sparked fears ...

Crude oil prices have witnessed a sharp decline, dropping nearly $10 per barrel in just one week, following the Trump administration’s announcement of tariffs on certain countries. Although the ...

Your guide to what the 2024 US election means for Washington and the world Brent crude ... oil producers, many of whom will find it uneconomic to produce at today’s prices. “At $60 per ...