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- Oil edged higher after a string of losses as the market weighed the possibility of deeper output cuts from OPEC+. Brent crude traded near US$81 a barrel, reversing losses from previous sessions, with prices effectively treading water before a meeting of the producer group later in the week.
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Jun 23, 2024 · Oil climbed, with a softer dollar and rising tensions with Russia providing support. West Texas Intermediate advanced 1.1% to top $81 a barrel, rebounding from Friday’s decline.
- Latest Oil Market News and Analysis for June 10 - Bloomberg
Oil rose 3% to settle near $78 a barrel, recouping losses...
- Latest Oil Prices, Market News and Analysis for May 23 ...
Oil slipped as broader investment sentiment soured and...
- Latest Oil Market News and Analysis for June 10 - Bloomberg
Jun 9, 2024 · Oil rose 3% to settle near $78 a barrel, recouping losses from last week’s selloff as traders piled back into the commodity. US crude followed broader markets higher.
May 22, 2024 · Oil slipped as broader investment sentiment soured and traders weighed signs of a weakening physical market ahead of the start of the US summer driving season.
- Julia Fanzeres
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. Commodities. 7:45.
Sep 25, 2023 · 1:38. 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...
- Julia Fanzeres
- 4 min
Nov 14, 2023 · Updated on. November 14, 2023 at 11:59 AM PST. Oil narrowly held onto a four-day winning streak as investors weighed a mixed supply-and-demand outlook. West Texas Intermediate settled unchanged...
Apr 4, 2024 · Brent crude climbed above US$90 a barrel for the first time since October as the conflict in the Middle East showed signs of escalating. The global benchmark spiked as much as 2.2 per cent after Israeli Prime Minister Benjamin Netanyahu said at a security cabinet meeting that his country will operate against Iran and its proxies and will hurt ...
