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- Oil prices gained about 2% to a two-month high on Monday on hopes of rising demand during the Northern Hemisphere's summer driving season and worries that conflict in the Middle East could spread and reduce global oil supplies.
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Oil prices rise as supply-demand balance expected to tighten in third quarter. Follow today's crude oil price moves and key news stories driving oil price actions, as well as developments...
Apr 9, 2024 · Oil prices have climbed in recent weeks, spurred by concerns over supplies and geopolitical risks, including wars in Ukraine and the Middle East. Analysts say the momentum could carry prices...
Mar 28, 2024 · Brent crude and WTI are both up 0.6% to $86.58 a barrel and $81.83 a barrel respectively, bouncing back from the losses sustained on Wednesday. The latest data revealed a 3.2 million barrel ...
Jul 12, 2023 · Oil futures climbed on Wednesday to their highest finish since late April, finding support as a smaller-than-expected rise in U.S. consumer prices helped weaken the dollar and OPEC+ supply...
Jun 8, 2022 · Analysis. Why high oil prices aren't creating an economic boom in Canada. Typically that discount is about $10-$15 US a barrel, but recent events have pushed the gap to beyond $20. That's the...
May 22, 2024 · Oil prices ended lower Wednesday as U.S. commercial crude inventories climbed after back-to-back weekly declines, with the Energy Information Administration reporting on Wednesday a rise...
Jul 28, 2023 · Global oil prices have gained more than 16% since late June and are heading for their fifth-straight week of gains, the longest rally since before Russia’s full-scale invasion of Ukraine...
