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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.
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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 ...
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. OPEC cuts are creating a sizeable oil supply deficit, which looks to continue: researcher.
Jun 12, 2024 · 2:01. Oil steadied after strong gains to start the week, with US economic data signaling inflation is cooling while Russia agreed to dial back output. A report on Thursday showed US producer...
- Julia Fanzeres
Apr 25, 2024 · April 26, 2024 at 12:06 PM PDT. Oil rose this week amid signs of a tightening physical market while traders continue to assess lingering Middle East risks. West Texas Intermediate edged higher to...
Nov 14, 2023 · Oil narrowly held onto a four-day winning streak as investors weighed a mixed supply-and-demand outlook. West Texas Intermediate settled unchanged near $78 a barrel, erasing an equities-led ...
Sep 25, 2023 · Updated on. September 25, 2023 at 12:12 PM PDT. Listen. 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...
