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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...
May 3, 2023 · As crude dropped below $US70 per barrel on Wednesday, Michael Tran, managing director of Global Energy Strategy at RBC Capital Markets, told BNN Bloomberg he doesn’t see the trend being driven by recession fears, but rather weaker demand as people spend less on travel.
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...
Sep 27, 2023 · Topline. Oil prices shot up on Wednesday to the highest point in 11 months, as production cuts in Saudi Arabia and Russia’s war in Ukraine continue to drive up the cost of oil, and as oil...
- Brian Bushard
Apr 3, 2024 · Oil prices rose on Wednesday to their highest level all year as OPEC+ left its 2.2-million-barrel per-day production cuts in place. Bank of America Securities analysts forecast a global oil...
May 22, 2024 · Oil futures finished lower Wednesday to stretch their losses into a third straight session, after official U.S. data showed a rise in U.S. crude inventories, amplifying worries over the...
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Apr 4, 2024 · US oil prices rallied to a seven-month high this week as geopolitical risks ramped up, and Bank of America says they're poised to surge another 10% by this summer.
