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Crude Oil Jul 25 (CLN25.NYM)

NY Mercantile - NY Mercantile Delayed Price. Currency in USD
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67.44-1.81 (-2.61%)
As of 02:24PM EDT. Market open.
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Pre. SettlementN/A
Settlement Date2025-06-20
Last Price69.25
Day's Range67.44 - 67.44
  • Reuters

    Oil gains for 3rd day on Kurdish supply concerns, easing banking fears

    (Reuters) -Crude prices rose for a third session on Wednesday as a halt to some exports from Iraqi Kurdistan raised concerns of tightening supplies and fears of a global banking crisis eased. Brent crude futures gained 16 cents, or 0.20%, to $78.30 a barrel by 0357 GMT, while West Texas Intermediate U.S. crude rose 35 cents, or 0.48%, to $73.69 a barrel. "Worries over reduced supply from Iraq's Kurdistan region and a relief in financial markets worried about the banking sector turmoil continued to boost investors' risk appetite," said Satoru Yoshida, a commodity analyst with Rakuten Securities.


    Can Libya Really Double Its Oil Output?

    Libya’s crude oil production remains well below its 3 million bpd peak in the 1960s, but the country’s National Oil Company has plans to almost double production within three to five years