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BRENT CRUDE $94.99 +4.61 (+5.1%) WTI CRUDE $87.61 +5.02 (+6.08%) NAT GAS $2.74 +0.06 (+2.24%) GASOLINE $3.02 +0.09 (+3.07%) HEAT OIL $3.45 +0.15 (+4.54%) MICRO WTI $87.56 +4.97 (+6.02%) TTF GAS $40.22 +1.45 (+3.74%) E-MINI CRUDE $87.60 +5 (+6.05%) PALLADIUM $1,549.00 -51.8 (-3.24%) PLATINUM $2,087.00 -54.7 (-2.55%) BRENT CRUDE $94.99 +4.61 (+5.1%) WTI CRUDE $87.61 +5.02 (+6.08%) NAT GAS $2.74 +0.06 (+2.24%) GASOLINE $3.02 +0.09 (+3.07%) HEAT OIL $3.45 +0.15 (+4.54%) MICRO WTI $87.56 +4.97 (+6.02%) TTF GAS $40.22 +1.45 (+3.74%) E-MINI CRUDE $87.60 +5 (+6.05%) PALLADIUM $1,549.00 -51.8 (-3.24%) PLATINUM $2,087.00 -54.7 (-2.55%)
Company & Corporate

Crude Plunges: OPEC Feud Fuels Supply Glut

OMC Editorial Desk 12 months ago 1 min read

The global oil market witnessed a notable downturn on Wednesday, with crude benchmarks experiencing significant losses as investors grappled with the dual specter of escalating supply and persistent internal rifts within the OPEC+ alliance. Brent crude, the international benchmark, shed 2.4 percent of its value, while West Texas Intermediate (WTI), the key U.S. marker, saw an even steeper decline

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