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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.
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 ...
Apr 8, 2015 · The Situation. After four years when the highest average oil prices in history seemed to defy economic gravity, petroleum began to plummet in mid-2014. Prices dropped as much as 75 percent...
- 6 min
Nov 14, 2023 · Updated on. November 14, 2023 at 11:59 AM PST. Listen. 1:36. Oil narrowly held onto a four-day winning streak as investors weighed a mixed supply-and-demand outlook. West Texas Intermediate...
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Dec 21, 2021 · Brent for February settlement rose $1.31 to settle at $75.29, highest in two weeks. Other oil-market news: More than 23 million barrels of certain crude options traded since Dec. 10, suggesting a...