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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 ...
May 22, 2024 · Oil Drifts to February Lows Amid Physical Weakness, Stock Slump. WTI settles below $77 a barrel, the lowest since late February; US crude stockpiles at Cushing swelled to highest since July
- Julia Fanzeres
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...
- 2 min
Apr 4, 2024 · Prices: West Texas Intermediate for May delivery rose 1.4 per cent to settle at $86.59 a barrel. Brent for June settlement gained 1.5 per cent to settle at $90.65 a barrel.
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Jun 7, 2022 · Oil maintained its gains after US government data showed crude inventories in the largest storage hub and gasoline stockpiles dropped, offering little relief to concerns about a global supply...