Oil price charts for brent crude, wti & oil futures Energy news covering oil, petroleum, natural gas and investment advice Detailed analysis of crude oil price movements and crude oil news which looks at geopolitics and technical advancements affecting the oil sector Oil prices jumped in early asian trade on friday morning as markets responded to renewed ukrainian attacks on russia's energy infrastructure The current price of west texas intermediate (wti) crude oil today is $60.09 per barrel Live charts, historical data, futures contracts, and breaking news on wti prices can be found below.
And canadian rig count and drilling data, and use oilprice.com's graphing tools to compare oil prices, frac spread, production and drilling data per basin or province. Oil production may have peaked, signaling the end of the shale boom Diamondback energy and other major players report reduced drilling and fracking activity in the permian basin. Ecuador's vital oil industry is in a sharp decline, leading to a deepening economic crisis with soaring fiscal deficits and increasing national debt. Crude oil prices extended their thursday gains earlier today, set for a weekly rise as the prospect of peace in the ukraine dimmed amid seemingly incompatible demands from the warring parties.
WATCH