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The Marked Chart Wire · Energy

Mideast

Domestic crude passes $105 mark while Brent reaches five-month peak on regional unrest

U.S. oil prices climbed above $105 per barrel, and Brent crude hit its highest level in five months, as traders watched developments in the Middle East.

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More Energy news

Power Demand

US power demand expected to rise 20 percent by 2030

Electricity consumption in the United States is projected to increase by 20 percent by 2030. The growth is attributed to AI data centers, electrification, and expanding manufacturing.

Oil Prices

Oil prices jump as WTI and Brent reach new highs

West Texas Intermediate crude rose 3.77 percent to $103.22 a barrel, while Brent crude gained 2.95 percent to $116.51. The United States Oil Fund ETF climbed 3.87 percent to $168.80, reaching a 52-week high.

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