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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 · China’s oil refining — known as crude throughput — is expected to be flat or fall this year for the first time in two decades, excluding a downturn in 2022 due to Covid-19, according to most...
Jun 13, 2024 · Crude made the bulk of its gains on Monday after traders “bought the dip” following last week’s selloff on OPEC+’s decision to possibly restore supply later this year.
- Julia Fanzeres
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 4, 2024 · Oil prices have dropped almost 5% since OPEC and its allies agreed on Sunday to gradually unwind some production cuts starting in October — earlier than expected — a decision some analysts said may weigh on crude in the months ahead.
2 days ago · NYMEX Crude Oil Front Month price information, historical data, charts, stats and more.
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Jun 4, 2024 · (Bloomberg) -- Oil traders that rely on trend-following algorithms compounded a selloff in crude this week as OPEC+ unexpectedly signaled plans to return some supplies to the market later in the year.
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