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Oil prices saw further gains this week as tensions in the Middle East escalated, propelling WTI crude to around US$87 a barrel, while the global benchmark, Brent, approached US$91, nearing its highest level since October.
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 ...
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
Aug 31, 2023 · WTI is up 7.2% this week for biggest gain since March. Oil prices surged above $85 as a monthslong effort by OPEC+ to reduce supplies gripped the physical market and China showed a new resolve...
20 hours ago · West Texas Intermediate was steady near $82 a barrel after advancing 1% on Thursday, with prices moving in a band of about $2 this week. Brent closed above $86. The stalemate in crude markets has ...
Sep 18, 2023 · Oil Steadies Near $95 as Risk-Off Mood Vies With Upward Momentum. Crude surges after Riyadh says OPEC seeks to stabilize markets; Forecasts for return of $100 crude proliferate as prices...
Sep 25, 2023 · Oil ’s rally continued to cool with investors in search of a new catalyst to support more buying. While some physical crude cargoes are commanding hefty premiums and prompt time-spreads are at ...
Jun 18, 2024 · June 19, 2024 at 12:14 PM PDT. Listen. 2:39. Oil edged lower, after earlier touching a seven-week high, as signs of further growth in stockpiles tempered investor optimism spurred by rising equity ...
Jun 20, 2024 · June 20, 2024 at 5:13 AM PDT. Listen. 3:03. Oil markets are getting at least a small taste of a much-anticipated summer rally. Prices have surged, after one of the most-aggressive periods of short ...
