According to Jin Ten Data, on May 7, WTI crude oil June futures fell $0.27 to $94.81 per barrel, down 0.28%, while Brent crude oil July futures declined $1.21 to $100.06 per barrel, down 1.19%.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
WTI Crude Falls 0.2%, Nikkei 225 Futures Drop 0.3% on Friday
WTI crude oil declined 0.2% on Friday, while spot gold and silver edged lower. Nikkei 225 futures fell 0.3% during the session.
GateNews13m ago
Iran May Continue Reducing Oil Output as Storage Reaches Capacity, Says U.S. Energy Secretary
According to U.S. Secretary of Energy Wright, Iran may continue reducing its oil production as storage capacity becomes fully utilized. Wright's statement reflects concerns over Iran's ability to maintain current output levels given constraints in storage
GateNews16m ago
Fighting breaks out in the Strait of Hormuz between Iran and the United States, and Trump claims the “ceasefire is still in effect”
Analyze the Iran-Iraq Hormuz Strait clashes, including the event of the Iran-U.S. Hormuz Strait clashes, examine the effectiveness of the ceasefire under Trump’s “minor punishment” classification, and explore the structural impact on volatility in the crypto market and Bitcoin’s safe-haven logic.
GateInstantTrends21m ago
U.S. Soybean Exports Hit Season Low of 143,900 Tonnes on May 7; Global Gold ETFs See $6.6B Net Inflows
According to U.S. Department of Agriculture data released May 7, U.S. soybean export net sales for 2025/2026 fell to 143,900 tonnes, marking a season low and down 45% week-over-week. China accounted for 66,900 tonnes of the total, followed by Japan (48,600 tonnes), Indonesia (43,500 tonnes), Saudi A
GateNews22m ago
ECB's Schnabel Warns of Rate Hikes If Energy Shocks Expand, Citing Inflation Risk
According to ECB Executive Board member Isabel Schnabel on Thursday, the European Central Bank will need to raise interest rates if energy shocks expand and threaten medium-term price stability. Speaking at an event in London, Schnabel noted that risks have increased in recent weeks as supply
GateNews23m ago
U.S. Military Strikes Iranian Ports on May 8; 15 Missiles Fired Two Days Prior
According to Fox News, the U.S. military struck Iranian ports at Kharg and Bandar Abbas early on May 8 (Beijing time), a senior American official disclosed. The official stated the strikes do not represent a resumption of war or termination of ceasefire agreements. The operation followed Iran's laun
GateNews23m ago
