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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. Commodities. 7:45. OPEC cuts are creating a sizeable oil supply deficit, which looks to continue: researcher.
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 ...
Get updated data about energy and oil prices. Find natural gas, emissions, and crude oil price changes.
May 22, 2024 · Markets. Oil Drifts to February Lows Amid Physical Weakness, Stock Slump. WTI settles below $77 a barrel, the lowest since late February. US crude stockpiles at Cushing swelled to highest since...
- Julia Fanzeres
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...
- Julia Fanzeres
- 4 min
1 day ago · June 27, 2024 at 5:11 AM PDT. Listen. 2:44. A sudden and surprising upturn in the world’s most important oil price may be set to ease off thanks to an influx of supply from the US. Over the past ...
Nov 14, 2023 · 1:36. 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...
