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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.
Apr 4, 2024 · Brent crude climbed above US$90 a barrel for the first time since October as the conflict in the Middle East showed signs of escalating. The global benchmark spiked as much as 2.2 per cent after Israeli Prime Minister Benjamin Netanyahu said at a security cabinet meeting that his country will operate against Iran and its proxies and will hurt ...
Jun 2, 2022 · Brent’s prompt timespread was $2.60 a barrel in backwardation -- a bullish pattern where near term prices are higher than those further out -- compared with $2.73 at the close on Wednesday....
- Julia Fanzeres
- 7 min
Jun 19, 2024 · June 20, 2024 at 12:16 PM PDT. Listen. 1:39. Oil rose as a drawdown in US crude inventories extended a rally that has been supported by a hot streak for equity markets. West Texas Intermediate ...
Oil Price: Get all information on the Price of Oil including News, Charts and Realtime Quotes.
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