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Jun 19, 2024 · 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 ...
Jun 16, 2024 · Latest Oil Prices, Market News and Analysis for June 17 - Bloomberg. Markets. Oil Rises Above $80 a Barrel as Equities Climb in Risk-On Rally. WTI advance accelerates after prices top key...
Jun 13, 2024 · Updated on. June 14, 2024 at 12:24 PM PDT. Oil posted the largest weekly gain since April after OPEC+ clarified its plan to return some output to the market and fuel markets showed signs of...
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Jun 4, 2024 · Oil Climbs as Traders Eye Price Floor Despite US Stockpile Gain. EIA reports crude inventories increased by 1.2 million barrels; Algorithmic traders have exacerbated recent price declines
Jun 11, 2024 · Updated on. June 12, 2024 at 12:28 PM PDT. Oil rose as risk-on sentiment spurred by cooling US inflation overshadowed an unexpected increase in the country’s crude stockpiles. West Texas...
3 days ago · Yongchang Chin and Paul Burkhardt, Bloomberg News. Oil nudged higher ahead of U.S. economic data, as the market seeks a catalyst to break out of the tightest trading range in over three years. Brent was close to US$86 a barrel and has swung in a narrow range of $1.76 so far this week, the smallest fluctuation since early 2021.
Jun 9, 2024 · Oil steadied after last week’s drop as traders look ahead to several industry reports and a U.S. Federal Reserve decision on interest rates. Brent traded below US$80 a barrel after losing 2.5 per cent last week. Algorithmic trading amplified declines following OPEC+’s decision to restore supply from the third quarter.
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