Read more
8:19 AM · 8 December 2025

Chart of the day: OIL.WTI (08.12.2025)

OIL.WTI
Commodities
-
-

WTI crude prices have stabilized around 60–61 USD per barrel. The market is trying to balance India’s renewed purchases of discounted Russian oil with concerns about global oversupply. India is once again buying crude through intermediaries at a deeper discount of around 5 USD per barrel, and President Putin has pledged “uninterrupted fuel supplies” as part of expanded economic cooperation. The renewed India–Russia trade partnership provides steady demand for Russian barrels at a time when OPEC+ and non-cartel producers — such as the U.S., Brazil, and Guyana — are increasing output.

At the same time, Ukrainian attacks on Russian energy infrastructure — including strikes on refineries, ports, and the CPC Black Sea export terminal — are putting upward pressure on physical crude prices and sharply raising shipping insurance rates in the Black Sea, in some cases by more than 200–250%. These disruptions constrain regional supply and discourage shippers, although the broader crude market remains calmer. Given these developments, oil prices continue to trade in a relatively stable range slightly above 60 USD per barrel.

 

 

 

5 December 2025, 6:56 PM

Daily Summary: Wall Street ends the week with a calm gain 🗽 Cryptocurrencies slide

5 December 2025, 6:43 PM

NATGAS surges 5% reaching 3-year high 🔎

5 December 2025, 5:35 PM

Bitcoin loses 3% 📉Technical bearish flag pattern?

5 December 2025, 4:30 PM

3 markets to watch next week (05.12.2025)

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits