back Back to news
Economy Politics Country 2025-12-05T07:13:23+00:00

WTI Oil Prices Rise Amid Geopolitical Tensions

WTI crude prices are up nearly 2% on expectations of Fed rate cuts, US-Venezuela tensions, and stalled Ukraine peace talks.

WTI Oil Prices Rise Amid Geopolitical Tensions

At the start of trading on Friday, prices for US West Texas Intermediate (WTI) crude are set to achieve weekly gains approaching 2%, supported by expectations of a Federal Reserve interest rate cut, escalating tensions between the United States and Venezuela, and stalling peace talks in Ukraine.

Latest news

See all news
US Commerce Dept Data Shows Slowing Retail Sales Growth
2025-12-05T19:23:01+00:00

US Commerce Dept Data Shows Slowing Retail Sales Growth

Data from the U.S. Department of Commerce, released Friday and delayed by the government shutdown, showed that retail sales growth slowed in January, signaling a possible weakening in consumer demand.
Economy Politics Country
Economists Predict Another U.S. Interest Rate Cut
2025-12-05T19:20:38+00:00

Economists Predict Another U.S. Interest Rate Cut

Experts surveyed by believe the Federal Reserve is likely to continue its dovish policy by deciding to cut rates at its upcoming meeting.
Economy Politics Country
Cloudflare Fixes Outage Affecting Banks and Tech Sites
2025-12-05T19:19:37+00:00

Cloudflare Fixes Outage Affecting Banks and Tech Sites

Cloudflare resolved an outage that disrupted websites of major banks, Zoom, Spotify, and LinkedIn. The company's shares dropped but later recovered partially.
Economy Country
Trump Administration Doubts Netflix-Warner Bros. Discovery Deal
2025-12-05T19:16:43+00:00

Trump Administration Doubts Netflix-Warner Bros. Discovery Deal

The Trump administration has expressed doubts about the $72 billion deal between Netflix and Warner Bros. Discovery, while Paramount Skydance has made a competing offer for the company's assets.
Economy Politics Country