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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. Commodities. 7:45. OPEC cuts are creating a sizeable oil supply deficit, which looks to continue: researcher.
5 days ago · June 24, 2024 at 7:39 AM PDT. Listen. 1:41. Oil edged higher, with rising equity markets and a softer dollar providing support. West Texas Intermediate hovered around $81 a barrel, rebounding from ...
Jun 16, 2024 · Oil Rises Above $80 a Barrel as Equities Climb in Risk-On Rally. WTI advance accelerates after prices top key technical level; China retail data beats estimates, industrial figures miss
Nov 14, 2023 · 1:36. Oil narrowly held onto a four-day winning streak as investors weighed a mixed supply-and-demand outlook. West Texas Intermediate settled unchanged near $78 a barrel, erasing an equities-led...
Jun 5, 2024 · In a potentially bearish sign for the market, Saudi Aramco lowered prices for all of its oil to Asia next month, the first reduction since February. In the US, weekly commercial crude...
Nov 9, 2023 · Oil inched up as technical gauges signaled that crude’s plunge to a three-month low on Wednesday was overdone. West Texas Intermediate rose 0.5% to settle just below $76 a barrel after a $5 ...
