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6 days ago · West Texas Intermediate climbed above $83 a barrel after rising by 2.6% on Wednesday, when Brent closed near $85. Nationwide inventories of crude shrank by 4.87 million barrels last week to the ...
10 hours ago · Oil Snaps Four-Day Decline as Report Points to US Stockpile Draw. (Bloomberg) -- Oil rose, snapping a run of losses, after an industry report indicated that US crude inventories fell for a fourth week. West Texas Intermediate advanced above $77 a barrel after shedding more than 7% over the previous four sessions, with Brent closing near $81.
Oil Falls With Broader Commodity Weakness Amidst Listless Trade. The air is being sucked out of the oil market, with prices collapsing on Friday in the face of dwindling volume and volatility — the lifeblood of crude traders. July 19, 2024 at 3:10PM EDT.
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 ...
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Jun 12, 2024 · 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 prices...
Nov 7, 2023 · Oil fell below US$80 a barrel for the first time in more than two months as fresh doubts on whether the Federal Reserve has finished tightening outweighed Saudi Arabia and Russia's supply cuts. West Texas Intermediate fell as much as 2.2 per cent.
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