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Jun 16, 2024 · Updated on. June 17, 2024 at 12:31 PM PDT. Listen. 2:31. Oil climbed, building on its biggest weekly advance since early April and extending a short-covering rally, helped by risk-on sentiment in ...
6 days ago · 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 ...
2 days ago · June 24, 2024 at 7:39 AM PDT. Listen. 1:41. Oil edged higher, with rising equity markets and a softer dollar providing support. West Texas Intermediate hovered around $81 a barrel, rebounding from ...
Jun 18, 2024 · June 19, 2024 at 12:14 PM PDT. Listen. 2:39. Oil edged lower, after earlier touching a seven-week high, as signs of further growth in stockpiles tempered investor optimism spurred by rising equity ...
6 days ago · June 20, 2024 at 5:13 AM PDT. Listen. 3:03. Oil markets are getting at least a small taste of a much-anticipated summer rally. Prices have surged, after one of the most-aggressive periods of short ...
Apr 25, 2024 · Oil rose this week amid signs of a tightening physical market while traders continue to assess lingering Middle East risks. West Texas Intermediate edged higher to settle just below $84 a barrel...
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 ...
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.
Sep 25, 2023 · Oil ’s rally continued to cool with investors in search of a new catalyst to support more buying. While some physical crude cargoes are commanding hefty premiums and prompt time-spreads are at...
