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OIL (iPath Pure Beta Crude Oil ETN) is no longer actively trading.
This usually means the company was acquired and taken private, delisted from its exchange, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
WTI and Brent retreat toward $100 as immediate Saudi supply fears ease, while broader Middle East risks remain supportive.
Matt Smith, Kpler director of commodity research, joins 'Squawk Box' to discuss the latest oil price trends, impact of the U.S.-Iran war on gas and diesel prices, and more.
Matt Stanley, Head of Market Engagement, EMEA & APAC, at Kpler warns higher oil prices is becoming structural. He says Europe could be the first to feel the pinch from a deepening diesel and jet-fuel squeeze as constrained refinery capacity and disrupted Red Sea and Hormuz flows threaten to push up prices at the pump.
Oil prices fell again in early European trading Thursday, helped by hopes Saudi Arabia could also restore some disrupted export capacity.
Oil was lower in early Asian trade. The softer prices likely reflect optimism about taming the effect of the deep disruption to Middle East crude-oil exports, said XS.com.
Oil prices fell in early trade on Thursday, extending the previous day's losses, as reports of Saudi Arabia offering extra crude cargoes through Oman reduced fears of supply disruptions in the Middle East.
A U.S. oil and gas producer will announce a major investment into Venezuela on Wednesday, U.S. Energy Secretary Chris Wright told Fox News.
The national average price of regular gasoline jumped 16 cents in a single week to $4.