Crude futures pick up after President Trump pauses some tariffs for 90 days, while raising tariffs on China further following Beijing's retaliation. The tit-for-tat levies between the U.S. and China are "the elephant in the room," Ritterbusch says in a note.
The China oil-demand factor "could preclude the energy complex from fully participating in any further near-term increase in global risk appetite," the firm says. "We don't expect this extreme price volatility to subside anytime soon." WTI settles up 4.6% at $62.35, after hitting a four-year low $55.12 earlier. Brent rises 4.2% to $65.48
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Last
$23.93 |
Change
0.080(0.34%) |
Mkt cap ! $45.45B | |||
| Open | High | Low | Value | Volume |
| $23.93 | $24.05 | $23.82 | $28.03M | 1.165M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1864 | $23.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.94 | 2410 | 7 |
View Market Depth
| Last trade - 11.20am 27/06/2025 (20 minute delay) ? |
| WDS (ASX) Chart |