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1. • • Today’s Brent crude oil spot price is at $85.50 per barrel, down by 0.00% from the previous trading day. In comparison to one week ago ($ 85.07 per barrel), Brent oil is up 0.67%.
     commodity.com/energy/oil/price/

     Today’s Oil Price: Brent Crude & WTI Oil Prices Today

2. People also ask

   Why did oil prices rise this week?

   • Oil prices rose this week as tightening supply conditions and ongoing tensions in the Middle East contributed to push prices higher. Dan Rohinton, portfolio manager of iA Global Asset Management joins BNN Bloomberg to discuss the top markets movers of the day including oil and gold.

   Oil - BNN Bloomberg

   www.bnnbloomberg.ca/oil

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   Will the reopening of the oil market lead to more demand?

   • “The oil market’s biggest wildcard is China and optimism is still strong that the reopening will continue and eventually lead to more demand for crude.” Still, oil is poised to end a volatile year modestly higher. Group of Seven sanctions on Russian flows, and scope for OPEC and its allies to cut supply are boosting prices.

   Crude Oil Prices, Brent, WTI Trends: December 22, 2022 - Bloomberg

   www.bloomberg.com/news/articles/2022-12-21/oil-holds-three-day-advance-after-us-crude-stockpiles-contract

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   Will oil price flare up this year?

   • Claudio Galimberti, head of global oil macro research at Rystad Energy, joins BNN Bloomberg and says we could see flare ups in the oil price this year as demand continues to outpace active supply. Seasonality and low inventories are really helping oil break out past US$80, says Rebecca Babin, senior energy trader at CIBC Private Wealth.

   Oil - BNN Bloomberg

   www.bnnbloomberg.ca/oil

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   Will the Biden administration's strategic oil releases affect oil prices?

   • The conclusion of the Biden Administration’s US strategic oil releases, harsher European sanctions that start on Dec. 5 and gas-to-oil switching would also support oil prices, Rebecca Babin, a senior energy trader at CIBC Private Wealth Management said during a Bloomberg MLIV event.

   Oil Rises With Dollar’s Descent Countering Demand Worries - Bloomberg

   www.bloomberg.com/news/articles/2022-09-11/oil-opens-week-lower-as-traders-weigh-demand-us-price-cap-plan

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   Will oil end a volatile year modestly higher?

   • Still, oil is poised to end a volatile year modestly higher. Group of Seven sanctions on Russian flows, and scope for OPEC and its allies to cut supply are boosting prices. Brent for February settlement fell $1.22 to $80.98 a barrel on the ICE Futures Europe exchange. Elements, Bloomberg’s daily energy and commodities newsletter, is now available.

   Crude Oil Prices, Brent, WTI Trends: December 22, 2022 - Bloomberg

   www.bloomberg.com/news/articles/2022-12-21/oil-holds-three-day-advance-after-us-crude-stockpiles-contract

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   Is the oil market bottoming?

   • The reversal has come as central banks, including the Federal Reserve, tighten policy to quell inflation. Still, back-to-back declines in the dollar have helped oil recover from its lows in recent days, while a spate of Chinese crude purchases has spurred some optimism that the real-world market for barrels may have bottomed.

   Oil Rises With Dollar’s Descent Countering Demand Worries - Bloomberg

   www.bloomberg.com/news/articles/2022-09-11/oil-opens-week-lower-as-traders-weigh-demand-us-price-cap-plan

   See all results for this question

3. www.bloomberg.com › energyEnergy - Bloomberg

   www.bloomberg.com › energy

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   Get updated data about energy and oil prices. Find natural gas, emissions, and crude oil price changes.

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   • Latest Oil Prices, Market News and Analysis for June 20 ...

     June 20, 2024 at 12:16 PM PDT. Listen. 1:39. Oil rose as a...

   • Commodities - Bloomberg

     Get updated commodity futures prices. Find information about...

   • Crude Oil Price Holds Near Lowest Since January With Demand ...

     WTI for November delivery rose $1.79 to settle at $78.50 in...

   • Crude Oil Prices, Brent, WTI Trends: December 22, 2022 ...

     Oil Falls In Light Trading Despite Tightening Crude...

4. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for June 20 ...

   www.bloomberg.com › news › articles

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   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 ...

5. www.bnnbloomberg.ca › oilOil - BNN Bloomberg

   www.bnnbloomberg.ca › oil

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   Oil company earnings underwhelm despite crude price flirting with US$85 a barrel. Oil prices rose this week as tightening supply conditions and ongoing tensions in the Middle East contributed to push prices higher.

6. www.bloomberg.com › markets › commoditiesCommodities - Bloomberg

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   Get updated commodity futures prices. Find information about commodity prices and trading, and find the latest commodity index comparison charts.

7. www.bloomberg.com › news › articlesCrude Oil Price Holds Near Lowest Since January With Demand ...

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   Sep 26, 2022 · WTI for November delivery rose $1.79 to settle at $78.50 in New York. Brent for November settlement climbed $2.21 to settle at $86.27 a barrel. Top traders have also indicated wariness about the...

8. www.bloomberg.com › news › articlesCrude Oil Prices, Brent, WTI Trends: December 22, 2022 ...

   www.bloomberg.com › news › articles

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   Dec 21, 2022 · Oil Falls In Light Trading Despite Tightening Crude Supplies. Traders watching impact of Russian sanctions, US economic data; US benchmark West Texas Intermediate trades near $78 a barrel

9. www.bloomberg.com › news › articlesOil Rises With Dollar’s Descent Countering Demand Worries

   www.bloomberg.com › news › articles

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   Sep 11, 2022 · The conclusion of the Biden Administration’s US strategic oil releases, harsher European sanctions that start on Dec. 5 and gas-to-oil switching would also support oil prices, Rebecca Babin, a...