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Oil company earnings underwhelm despite crude price flirting with US$85 a barrel. Oil prices rose this week as tightening supply conditions and ongoing tensions in the Middle East contributed to push prices higher.
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 ...
5 days ago · 1:12. Oil held a decline after an industry report signaled a small build in US crude inventories ahead of official data. West Texas Intermediate traded below $81 a barrel after dropping 1% on ...
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...
Apr 4, 2024 · Prices: West Texas Intermediate for May delivery rose 1.4 per cent to settle at $86.59 a barrel. Brent for June settlement gained 1.5 per cent to settle at $90.65 a barrel.
Apr 25, 2024 · April 26, 2024 at 12:06 PM PDT. 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...
