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1. www.reuters.com › business › energyOil prices up 2% to two-month high on summer demand hopes ...

   www.reuters.com › business › energy

   Jul 1, 2024 · July 1 (Reuters) - Oil prices gained about 2% to a two-month high on Monday on hopes of rising demand during the Northern Hemisphere's summer driving season and worries that conflict in the...

2. www.euronews.com › business › 2024/06/24Crude oil prices surge sparking concerns of raised inflation ...

   www.euronews.com › business › 2024/06/24

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   Jun 24, 2024 · Crude oil prices rose to a two-month high amid optimistic demand outlooks and a decline in US stockpiles, sparking concerns of a resurgence in inflation.

3. Videos

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     Crude Oil Prices Rise With Brent Around $86/bbl, Gold Prices Remain Rangebound | CNBC TV18

     Jul 2, 2024

     219 Views

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     2:51

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     Crude Oil Prices Surge 2% Overnight To Hit 6-Week Highs, Prices Are Up 11% In 2024 So Far |CNBC TV18

     Jun 19, 2024

     261 Views

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     Canadian crude oil price falls to record low

     Nov 16, 2018

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4. www.theglobeandmail.com › business › industry-newsOil prices rise on fuel demand expectations, easing U.S. dollar

   www.theglobeandmail.com › business › industry-news

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   Jun 24, 2024 · Oil prices rose about 1% on Monday, spurred by the prospect of strong summer driving demand and as tensions in the Middle East and drone attacks on Russian refineries led to concerns about...

5. www.reuters.com › business › energyOil prices ease on strong dollar, mixed global economic news

   www.reuters.com › business › energy

   Jun 21, 2024 · Crude prices eased about 1% on Friday on worries that global oil demand growth could be hit by a strong U.S. dollar and negative economic news from some parts of the world.

6. prod.iea.org › reports › oil-market-report-june-2024Oil Market Report - June 2024 – Analysis - IEA

   prod.iea.org › reports › oil-market-report-june-2024

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   Jun 12, 2024 · Highlights. World oil demand growth continues to slow, with 2024 gains now seen at 960 kb/d, 100 kb/d below last month’s forecast. Weak OECD deliveries pushed global demand into a narrow y-o-y contraction in March. Subpar growth of 1 mb/d in 2025 is held back by a muted economy and accelerating clean energy technology deployment.

7. www.cnbc.com › 2024/06/12 › crude-oil-prices-todayOil prices rise as supply-demand balance expected to tighten ...

   www.cnbc.com › 2024/06/12 › crude-oil-prices-today

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   Jun 12, 2024 · The Department of Energy sees an oil supply deficit this year.

8. People also ask

   Why did crude prices drop 1% on Friday?

   • June 21 (Reuters) - Crude prices eased about 1% on Friday on worries that global oil demand growth could be hit by a strong U.S. dollar and negative economic news from some parts of the world. Prices declined despite signs of improving U.S. oil demand and falling fuel inventories that helped boost crude prices to a seven-week high a day earlier.

   Oil prices ease on strong dollar, mixed global economic news

   www.reuters.com/business/energy/oil-prices-slip-rate-hike-worries-come-into-focus-2024-06-21/

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   Why is global oil demand slowing in 2024?

   • World oil demand growth continues to slow, with 2024 gains now seen at 960 kb/d, 100 kb/d below last month’s forecast. Weak OECD deliveries pushed global demand into a narrow y-o-y contraction in March. Subpar growth of 1 mb/d in 2025 is held back by a muted economy and accelerating clean energy technology deployment.

   Oil Market Report - June 2024 – Analysis - IEA

   prod.iea.org/reports/oil-market-report-june-2024

   See all results for this question

   Why did crude oil prices rise two-month high?

   • Crude oil prices rose to a two-month high amid optimistic demand outlooks and a decline in US stockpiles, sparking concerns of a resurgence in inflation.

   Crude oil prices surge sparking concerns of raised inflation risk

   www.euronews.com/business/2024/06/24/crude-oil-prices-surge-sparking-concerns-of-risk-to-inflation

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   Why did oil prices rise 1% on Monday?

   • Oil prices rose about 1% on Monday, spurred by the prospect of strong summer driving demand and as tensions in the Middle East and drone attacks on Russian refineries led to concerns about supply. An easing U.S. dollar added to the crude price strength. Brent futures for August delivery settled at $86.01 a barrel, gaining 77 cents, or 0.9%.

   Oil prices rise on fuel demand expectations, easing U.S. dollar

   www.theglobeandmail.com/business/industry-news/energy-and-resources/article-oil-prices-edge-higher-as-demand-expectations-offset-us-dollar/

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9. www.cnbc.com › 2024/06/11 › crude-oil-prices-todayOil prices recover from sell-off as OPEC sticks to demand and ...

   www.cnbc.com › 2024/06/11 › crude-oil-prices-today

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   Jun 11, 2024 · Crude oil rallied more than 2% Monday and has now recovered most of the losses from last week.