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  1. 5 days ago · June 24, 2024 at 7:39 AM PDT. Listen. 1:41. Oil edged higher, with rising equity markets and a softer dollar providing support. West Texas Intermediate hovered around $81 a barrel, rebounding from ...

  2. 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...

    • Julia Fanzeres
  3. Jun 9, 2024 · 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. Speculators last week posted the biggest pullback in net-bullish bets for the global benchmark on record.

  4. Jun 2, 2024 · Crude prices are still higher this year as geopolitical tensions from the Middle East to Ukraine raise concerns about supply. Prices: WTI for July delivery fell 3.6 per cent to settle at $74.22 a barrel in New York. Brent for August settlement fell 3.4 per cent to $78.36 a barrel.

  5. 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.

  6. Jun 17, 2024 · Traders are sifting through the implications the latest economic data out of China for its impact on demand.

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