Sunday, June 29, 2025
Analysts have been publicly claiming that a drop in the value of the U.S. dollar is coming. Of course, this has implications for oil - Oil & Gas 360

Oil Continues Rally

WTI oil price continued its hot streak today finishing the day up 1.82% at $48.59 per barrel.  Uncontrolled forest fires in Canada have suppressed the supply of oil coming from that market, more than one million barrels have yet to return to market. The fires in Canada is the latest in a string of supply disruptions curtailing oil coming to