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Oil prices saw further gains this week as tensions in the Middle East escalated, propelling WTI crude to around US$87 a barrel, while the global benchmark, Brent, approached US$91, nearing its highest level since October.
May 23, 2024 · Updated on. May 23, 2024 at 3:26 PM EDT. Oil slipped as broader investment sentiment soured and traders weighed signs of a weakening physical market ahead of the start of the US summer driving ...
4 days ago · May 28, 2024 at 4:33 PM PDT. Updated on. May 29, 2024 at 3:07 AM PDT. Listen. 2:23. Oil extended gains as another attack on a ship in the Red Sea added to heightened geopolitical tensions in the ...
Aug 31, 2023 · Updated on. September 1, 2023 at 12:20 PM PDT. Listen. 2:35. Oil prices surged above $85 as a monthslong effort by OPEC+ to reduce supplies gripped the physical market and China showed a new ...
Sep 18, 2023 · Updated on. September 19, 2023 at 1:12 PM PDT. Listen. 3:08. Oil steadied after surging to a 10-month high as broader risk-off sentiment cooled a piping hot rally driven by OPEC+ supply cuts and ...
May 23, 2024 · Updated on. May 24, 2024 at 12:20 PM PDT. Listen. 2:04. Oil hovered near the lowest in three months as traders weighed decreased geopolitical risks and signs that global markets are sufficiently ...
6 days ago · May 26, 2024 at 4:30 PM PDT. Updated on. May 27, 2024 at 10:50 AM PDT. Listen. 2:24. Oil rose after dropping last week, with the focus on an OPEC+ supply meeting on Sunday and US demand at the ...
Dec 19, 2023 · December 18, 2023 at 4:12 PM PST. Updated on. December 19, 2023 at 12:08 PM PST. Listen. 2:33. Oil rose to the highest price in more than two weeks as companies increasingly steer clear of the Red ...
Jun 7, 2022 · Updated on. June 8, 2022 at 12:34 PM PDT. Listen. 3:03. This article is for subscribers only. Oil maintained its gains after US government data showed crude inventories in the largest storage hub ...
