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WTI Oil Price nearing $70/bbl - Mar 26

Posted: Wed Mar 26, 2025 8:27 am
by dan_s
Crude oil prices earlier today touched a three-week high, driven by the latest U.S. oil inventory report by the American Petroleum Institute and expectations of tighter supply on Washington’s double-down on oil sanctions against Iran and Venezuela.

As I have posted here many times, demand for oil ramps up each spring starting in mid-March.

Read more: https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Surge-to-Three-Week-High-on-Supply-Concerns.html

Irina Slav is one of the "Smart People" that writes for OilPrice.com