Gasoline inventories decreased by 2.7 million barrels from the previous week.
Market Overview Natural Gas Price Forecast Natural Gas (NG) Price Chart Natural Gas (NG) WTI Oil Price Forecast WTI Price Chart USOIL Brent Oil Price Forecast Brent Price Chart UKOIL
Oil traders stay focused on geopolitical developments.
WTI closes at $63.88, below its 52-week average, as OPEC+ supply hikes and Trump–Putin talks set the stage for next week's oil outlook.
Oil traders focus on rising supply from OPEC+ countries.
W&T Offshore, Inc. (NYSE:WTI ) Q2 2025 Earnings Conference Call August 5, 2025 10:00 AM ET Company Participants Al Petrie - Corporate Participant Investor Relations Coordinator - Corporate Participant Tracy W. Krohn - Founder, Chairman, CEO & President William J.
WTI posts narrower-than-expected Q2 loss as lower costs offset weaker output and declining revenues.
With OPEC+ adding barrels and global demand faltering, crude oil futures slip. Analysts eye $62.69 as next WTI support—bearish signals building.
Although the revenue and EPS for W&T (WTI) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
W&T Offshore (WTI) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to a loss of $0.05 per share a year ago.
Oil markets retreat as traders focus on Non Farm Payrolls data.
Oil markets are moving lower as traders react to trade deals and tariff threats.