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May 6, 2024 · 1:54. Saudi Arabia raised the price of its flagship crude to Asia for a third consecutive month, as the kingdom tries to tighten the oil market to prevent a global surplus. State-owned Saudi ...
Apr 19, 2024 · Riyadh will require an average oil price of $96.20 a barrel to balance its budget, assuming it holds crude output steady near 9.3 million barrels a day this year, the Washington-based Fund said in ...
Mar 11, 2024 · March 12, 2024 at 12:33 PM PDT. Listen. 1:43. Oil dipped as signs of stubborn US inflation whipsawed wider markets and OPEC said its latest supply cuts stalled. West Texas Intermediate settled ...
Apr 24, 2024 · April 25, 2024 at 11:55 AM PDT. Listen. 1:29. Oil erased earlier losses to top $83 a barrel as a weaker dollar boosted commodities priced in the currency. Strengthening equities markets also ...
Apr 9, 2024 · Oil Prices Pop Higher as US Sees Imminent Strike on Israel. WTI climbed as much as 1.4% to trade above $86 a barrel. US crude inventories rose to the highest level since July. Oil is still up 19% ...
Mar 19, 2024 · Oil prices likely will trade at about $85-$90 a barrel in the third quarter even if OPEC+ producers and allies decide not to extend current supply cuts, said Gunvor Group Ltd.’s global head of ...
Apr 18, 2024 · April 19, 2024 at 12:12 PM PDT. Listen. 2:44. Oil eked out a meager gain after Iranian media appeared to downplay the effect of Israeli strikes, lowering the geopolitical risk premium for crude ...
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