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1. www.bloomberg.com › news › articlesLatest Oil Market News and Analysis for Sept. 30 - Bloomberg

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   2 days ago · Oil steadied as the market assessed the fallout from Israel’s killing of Hezbollah’s leader, and investors priced in China’s moves to support the economy of the largest crude importer.

2. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for September 11 ...

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   Sep 10, 2024 · Oil Jumps as US Gulf Hurricane Spurs Short-Covering by Traders. Hurricane Francine makes offshore drillers halt operations; API reports US crude, gasoline inventories fell last week

   • Video Duration: 3 min

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     Oil Prices Head for Biggest Annual Drop Since 2020

     Dec 29, 2023

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     Why Oil Prices Are Headed Lower

     Sep 30, 2019

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     What do negative crude oil prices mean at the pump?

     Apr 21, 2020

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4. www.bnnbloomberg.ca › markets › oilOil – Stock Price, Charts & News Today – BNN Bloomberg

   www.bnnbloomberg.ca › markets › oil

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   3 days ago · Stay on top of your portfolio with real-time data, historical charts and the latest news on the oil and gas industry on BNN Bloomberg.

5. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for September 9 ...

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   Sep 8, 2024 · Oil Rebounds After Weekly Drop as Traders Assess Demand Outlook. Speculators hold record low net-bullish wagers on crude prices; Major oil watchers will issue their monthly reports this week

   • Video Duration: 3 min

6. www.bnnbloomberg.ca › investing › commoditiesDrivers see cheaper prices at the pump as crude oil slumps

   www.bnnbloomberg.ca › investing › commodities

   Sep 6, 2024 · The average gasoline price in Canada was 152.1 cents per litre Friday morning, according to price tracking website GasBuddy.com. That’s down more than 10 cents from the average price in August, and more than 14 cents from one year ago.

7. markets.businessinsider.com › commodities › oil-priceCrude Oil Price Today | BRENT OIL PRICE CHART - Markets Insider

   markets.businessinsider.com › commodities › oil-price

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   8 hours ago · Oil Price: Get all information on the Price of Oil including News, Charts and Realtime Quotes.

8. People also ask

   Why did major oil consumers pounce on last week's price drop?

   • Major oil consumers pounced on last week’s price drop to snap up bumper volumes of contracts for next year. They generally buy oil derivatives to offset the higher cost of fuel bills when prices rise. Those moves help slow declines in longer-dated oil prices when crude falls — effectively flattening the futures curve.

   The Oil Market’s Bullish Structure Is Fading Fast as Prices Tank

   www.bnnbloomberg.ca/investing/2024/09/10/the-oil-markets-bullish-structure-is-fading-fast-as-prices-tank/

   See all results for this question

   What is the global demand for crude oil?

   • In December 2005 the global demand for crude oil was 83.3 million barrels per day according to the International Energy Agency (IEA) and will rise further. On an international level there are a number of different types of crude oil, each of which have different properties and prices.

   Crude Oil Price Today | WTI OIL PRICE CHART | OIL PRICE PER BARREL

   markets.businessinsider.com/commodities/oil-price

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   Why did oil prices drop a year ago?

   • A year ago, the price difference — between what traders call the front and back of the oil futures curve — was more than $20 a barrel. The decline is due in part to an expected glut in the market next year, but also a shift in trading dynamics, amplifying a slump that has pushed oil to its lowest price since 2021.

   The Oil Market’s Bullish Structure Is Fading Fast as Prices Tank

   www.bnnbloomberg.ca/investing/2024/09/10/the-oil-markets-bullish-structure-is-fading-fast-as-prices-tank/

   See all results for this question

   Why are crude prices so low in the US?

   • That indicates tight supplies, particularly in the US, where inventories have been steadily declining in recent weeks. Physical crude prices — those for barrels in the real world — have held up in the face of the recent rout in the futures market, according to Sparta Commodities.

   The Oil Market’s Bullish Structure Is Fading Fast as Prices Tank

   www.bnnbloomberg.ca/investing/2024/09/10/the-oil-markets-bullish-structure-is-fading-fast-as-prices-tank/

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9. www.bnnbloomberg.ca › investing › 2024/09/10The Oil Market’s Bullish Structure Is Fading Fast as Prices Tank

   www.bnnbloomberg.ca › investing › 2024/09/10

   Sep 10, 2024 · Major oil consumers pounced on last week’s price drop to snap up bumper volumes of contracts for next year. They generally buy oil derivatives to offset the higher cost of fuel bills when prices rise. Those moves help slow declines in longer-dated oil prices when crude falls — effectively flattening the futures curve.