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     Andurand Ditches Famed Oil Trades for Copper and Cocoa

     Pierre Andurand, the trader who rose to fame because of bold bets in the energy markets, is now stepping away from crude oil while sticking with an outlook for higher copper and cocoa prices.

     Bloomberg L.P.

     2 days ago

   • 

     Crude Oil Prices

     Oil Prices on Track for a Weekly Gain as Fuel Demand Climbs and Inventories Fall

     1 week ago

   • 

     Crude Oil Prices

     Oil Prices Start the Week Lower as Demand Optimism Fades

     2 weeks ago

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     YAHOO!Finance

     Oil prices holding above $80 on demand uncertainty

     1 week ago

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2. • • Global benchmark Brent crude futures slipped 3.4 per cent to settle above US$78 a barrel, while West Texas Intermediate fell 3.6 per cent to settle near $74 a barrel. Both benchmarks are at their lowest prices since February.
     Reference:

     Oil price news: Oil slumps as OPEC’s surprise plan to raise ...

3. People also ask

   How did OPEC+ affect oil prices?

   • 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 strength. West Texas Intermediate settled above $78 a barrel, posting a 3.9% weekly advance.

   Latest Oil Prices, Market News and Analysis for June 14 - Bloomberg

   www.bloomberg.com/news/articles/2024-06-13/latest-oil-market-news-and-analysis-for-june-14

   See all results for this question

   Did rising oil prices resume a downward trend?

   • Still, a later report showing rising US crude and gasoline inventories knocked crude off its highs for the day and even briefly sent oil into negative territory. The consumer price data sparked a risk-on mood in broader markets, which took it as a sign of the early stages of inflation resuming a downward trend.

   Latest Oil Market News and Analysis for June 12 - Bloomberg

   www.bloomberg.com/news/articles/2024-06-11/latest-oil-market-news-and-analysis-for-june-12

   See all results for this question

   Will crude oil prices come under pressure again after recovery?

   • “This week’s big recovery has weakened the bears’ hold on the market, although more price action is needed to confirm a bottom,” said Fawad Razaqzada, a market analyst at City Index and Forex.com. “But it is possible we could see crude oil prices come under pressure again after the recent recovery.

   Latest Oil Market News and Analysis for June 12 - Bloomberg

   www.bloomberg.com/news/articles/2024-06-11/latest-oil-market-news-and-analysis-for-june-12

   See all results for this question

   Why did oil rise?

   • Oil rose as risk-on sentiment spurred by cooling US inflation overshadowed an unexpected increase in the country’s crude stockpiles. West Texas Intermediate advanced 0.8% to close above $78 a barrel after US consumer prices came in cooler than anticipated.

   Latest Oil Market News and Analysis for June 12 - Bloomberg

   www.bloomberg.com/news/articles/2024-06-11/latest-oil-market-news-and-analysis-for-june-12

   See all results for this question

   Will US oil production increase in 2024?

   • The US on Tuesday forecast its production in 2024 will increase more than previously estimated to a fresh record, while the International Energy Agency is warning of a lasting oil surplus for the rest of this decade.

   Latest Oil Market News and Analysis for June 12 - Bloomberg

   www.bloomberg.com/news/articles/2024-06-11/latest-oil-market-news-and-analysis-for-june-12

   See all results for this question

   Why did crude futures surge 39% last week?

   • Crude futures surged 3.9% last week, the first weekly gain in nearly a month. The rally was driven in part by a major bout of short-covering, with outright bearish wagers on the global Brent benchmark falling by the most since 2020.

   Latest Oil Prices, Market News and Analysis for June 17 - Bloomberg

   www.bloomberg.com/news/articles/2024-06-16/latest-oil-market-news-and-analysis-for-june-17

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4. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for June 20 ...

   www.bloomberg.com › news › articles

   • Cached

   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 ...

   • Latest Oil Prices, Market News and Analysis for June 17 ...

     Oil Rises Above $80 a Barrel as Equities Climb in Risk-On...

5. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for June 17 ...

   www.bloomberg.com › news › articles

   • Cached

   Jun 16, 2024 · Oil Rises Above $80 a Barrel as Equities Climb in Risk-On Rally. WTI advance accelerates after prices top key technical level; China retail data beats estimates, industrial figures miss

6. www.bloomberg.com › news › articlesLatest Oil Market News and Analysis for June 12 - Bloomberg

   www.bloomberg.com › news › articles

   • Cached

   Jun 11, 2024 · Oil Gains as Risk-On Mood Outweighs Rising US Crude Inventories. WTI settles above $78 a barrel on rebound from four-month lows; US inflation cooler than anticipated ahead of Fed decision

7. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for June 14 ...

   www.bloomberg.com › news › articles

   • Cached

   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...

   • Author: Julia Fanzeres

8. www.bnnbloomberg.ca › oil-price-news-oil-edgesOil price news: Oil edges lower as U.S ... - BNN Bloomberg

   www.bnnbloomberg.ca › oil-price-news-oil-edges

   • Cached

   Jun 18, 2024 · (Bloomberg) -- Oil edged lower, after earlier touching a seven-week high, as signs of further growth in stockpiles tempered investor optimism spurred by rising equity prices. Brent crude settled near US$85 a barrel after earlier hitting the highest intraday price since May 1, while West Texas Intermediate was little changed above $81 a barrel.

9. www.bloomberg.com › news › articlesLatest Oil Market News and Analysis for June 10 - Bloomberg

   www.bloomberg.com › news › articles

   • Cached

   Jun 9, 2024 · Oil rose 3% to settle near $78 a barrel, recouping losses from last week’s selloff as traders piled back into the commodity. US crude followed broader markets higher.

10. www.bnnbloomberg.ca › money-talk › from-inventoryFrom inventory draws to summer driving season, why oil could ...

    www.bnnbloomberg.ca › money-talk › from-inventory

    • Cached

    2 days ago · Hussein Allidina, Managing Director and Head of Commodities at TD Asset Management, joins MoneyTalk to explain why he sees more upside for oil prices from current levels. From inventory draws to summer driving season, why oil could be heading higher - From inventory draws to summer driving season, why oil could be heading higher