Yahoo Canada Web Search

Search results

1. • Concerns over supplies and geopolitical risks

     • 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 higher. The price of a barrel of Brent crude oil, the international benchmark, has risen more than 20 percent since mid-December.
     www.nytimes.com/2024/04/09/business/oil-price-rise.html

     Why Oil Prices Have Been Rising Recently - The New York Times

2. People also ask

   Why are oil prices rising?

   • Perhaps the single biggest driver of rising oil prices has been supply cuts by Russia and the Organization of Petroleum Exporting Countries (OPEC). On September 5, Saudi Arabia announced it will be extending its 1 million barrel per day production cuts through at least the end of the year.

   Why Is The Price Of Oil Rising? – Forbes Advisor

   www.forbes.com/advisor/investing/high-oil-prices/

   See all results for this question

   Why have gasoline prices risen this year?

   • The increase this year, prompted by geopolitical worries and supply constraints, has sent gasoline prices higher and could hamper efforts to tame inflation. Oil prices have climbed in recent weeks, spurred by concerns over supplies and geopolitical risks, including wars in Ukraine and the Middle East.

   Why Oil Prices Have Been Rising Recently - The New York Times

   www.nytimes.com/2024/04/09/business/oil-price-rise.html

   See all results for this question

   Are oil prices eroding consumer confidence?

   • HOUSTON — Oil prices are increasing, again, casting a shadow over the economy, driving up inflation and eroding consumer confidence. Crude prices rose more than 15 percent in January alone, with the global benchmark price crossing $90 a barrel for the first time in more than seven years, as fears of a Russian invasion of Ukraine grew.

   Why Are Oil Prices So High and Will They Stay That Way?

   www.nytimes.com/2022/02/02/business/economy/oil-price.html

   See all results for this question

   Is the world's biggest oil importer contributing to rising oil prices?

   • Gardner said that he expects the global oil market to swing from a supply surplus of 800,000 barrels per day in the first half of the year to a deficit of 1.2 million barrels per day in the second half. The world’s biggest oil importer may also be contributing to rising prices.

   Why oil prices are on their strongest run since ... - CNN International

   edition.cnn.com/2023/07/28/energy/oil-prices-rising-post-ukraine-explainer/index.html

   See all results for this question

3. www.forbes.com › advisor › investingWhy Is The Price Of Oil Rising? – Forbes Advisor

   www.forbes.com › advisor › investing

   • Cached

   Sep 28, 2023 · Brent crude oil prices have risen more than 30% in the past three months and are now trading near $93 per barrel, levels not seen since November 2022. Gasoline prices have followed suit and...

   • Author: Wayne Duggan

4. www.nytimes.com › 2024/04/09 › businessWhy Oil Prices Have Been Rising Recently - The New York Times

   www.nytimes.com › 2024/04/09 › business

   Apr 9, 2024 · April 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...

5. Videos

   • 

     weforum.org

     Why do oil prices matter to the global economy? An expert explains

     Feb 16, 2022

   • 

     7:14

     pbs.org

     How U.S. oil production reached an all-time high in 2023

     Dec 28, 2023

   • 

     1:36

     youtube.com

     Why are oil prices still so high?

     Jul 5, 2018

     25.7K Views

   View all

6. www.cbc.ca › news › businessANALYSIS | Oil prices are rising — so why is Canada getting ...

   www.cbc.ca › news › business

   • Cached

   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...

7. www.nytimes.com › business › economyWhy Are Oil Prices So High and Will They Stay That Way?

   www.nytimes.com › business › economy

   Feb 2, 2022 · Feb. 2, 2022. HOUSTON — Oil prices are increasing, again, casting a shadow over the economy, driving up inflation and eroding consumer confidence. Crude prices rose more than 15 percent in...

8. edition.cnn.com › 2023/07/28 › energyWhy oil prices are on their strongest run since before Russia ...

   edition.cnn.com › 2023/07/28 › energy

   • Cached

   Jul 28, 2023 · London CNN —. 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...

9. www.ctvnews.ca › business › why-are-u-s-oil-pricesWhy are U.S. oil prices high, and any relief in sight?

   www.ctvnews.ca › business › why-are-u-s-oil-prices

   Jan 24, 2022 · The Associated Press. Staff. Contact. Published Jan. 24, 2022 10:27 a.m. PST. NEW YORK - Anyone who's bought food, paid rent or looked for a used car recently has come up against the billowing...

10. www.weforum.org › agenda › 2022Why oil prices matter to the global economy - an expert ...

    www.weforum.org › agenda › 2022

    • Cached

    Oil prices are strongly influenced by the global economic outlook. Changes in supply and demand and geopolitical tensions cause price fluctuations. An orderly energy transition can protect against oil price spikes.