West Texas Intermediate (WTI) futures opened at $57.50 per barrel (bbl) on October 21, 2025. Brent crude opened at $61.00 per barrel. Both benchmarks remain closely watched gauges of global energy supply and demand. WTI futures are trading at $57.21/bbl, as of 9:24 a.m. ET. That’s down 0.49% since yesterday’s close.

WTI crude oil slides to $56.8 amid record seaborne storage of 1.24 billion barrels. Click here for more information on WTI Crude.

TOKYO (Reuters) -U.S. crude futures eased in early trade on Friday, trimming part of the previous day's surge but remaining on track for a weekly gain, as fresh U.S. sanctions on Russia's two biggest oil companies over the war in Ukraine fuelled supply concerns.

Oil and natural gas prices rise as geopolitical risks tighten supply, with traders watching $64 resistance and upcoming inflation data for direction.

Oil prices rallied as the U.S. tightened sanctions on Russia. Rising prices are unlikely to boost inflation, said Franklin Templeton.

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Oil and natural gas rose as U.S. sanctions on Russian firms fueled supply concerns, with WTI rebounding, gas eyeing a breakout, and US dollar holding range.

U.S. crude oil export ban, a development that helped launch North America into the top echelon of global oil suppliers while also recasting the landscape for crude oil trading. Previously a system designed for importing crude oil,