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  1. 5 days ago · July 1, 2024 at 12:23 PM PDT. Listen. 2:36. Oil climbed to the highest in more than two months as traders took stock of mounting geopolitical risks in Europe and the Middle East as well as a ...

  2. Jun 23, 2024 · Oil climbed, with a softer dollar and rising tensions with Russia providing support. West Texas Intermediate advanced 1.1% to top $81 a barrel, rebounding from Friday’s decline.

  3. 5:35. Oil tops US$87 but rally will run into 'wall of supply' soon, CIBC energy trader says. 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.

  4. Jun 9, 2024 · Investors are now awaiting monthly oil reports from the US government, International Energy Agency, and OPEC+ due Tuesday and Wednesday, that will shed light on the outlook for the rest of the...

  5. Aug 31, 2023 · Oil prices surged above $85 as a monthslong effort by OPEC+ to reduce supplies gripped the physical market and China showed a new resolve to bolster its economy, a key engine of global crude...

  6. Apr 7, 2024 · Oil dropped below $90 a barrel after Israel said it would remove some troops from Gaza, with crude’s recent rally now facing technical resistance as geopolitical friction shows signs of...

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  8. Nov 14, 2023 · Updated on. November 14, 2023 at 11:59 AM PST. Oil narrowly held onto a four-day winning streak as investors weighed a mixed supply-and-demand outlook. West Texas Intermediate settled unchanged...