Search results
Ongoing risks to global supplies
- Oil prices settled Monday at their highest level in about a month, finding support from ongoing risks to global supplies as a rally in U.S. equities lifted prospects for the economy and energy demand.
People also ask
Why did oil reach its highest level since 2014?
Why has oil hit its highest level in seven years?
Why did oil prices settle 2% higher on Thursday?
Should oil prices be higher in the third quarter?
Jun 17, 2024 · NEW YORK (Reuters) -Oil prices surged nearly $2 a barrel on Monday to their highest settlement levels in over a month, adding to last week's gains as investors grew more optimistic on the demand...
Jan 22, 2024 · Oil prices settled Monday at their highest level in about a month, finding support from ongoing risks to global supplies as a rally in U.S. equities lifted prospects for the economy and...
Jul 31, 2023 · Oil prices rallied to a fresh three-month high on Monday and recorded their steepest monthly gains since January 2022, supported by signs of tightening global supply and rising demand through...
Feb 28, 2024 · The front-month Brent oil contract for April delivery, which expires at the end of Thursday's session, eked out a gain of just 3 cents Wednesday, but marked the highest front-month contract...
Oct 26, 2021 · Oil prices edged up to their highest since 2014 on Tuesday, supported by a global supply shortage and strong demand in the United States, the world's biggest consumer.
Apr 4, 2024 · Drone attacks in Russia, unrest in the Middle East and strong consumer demand have propelled oil prices to their highest level in months, setting the stage for what could be a summer surge in...
Dec 27, 2021 · Oil prices have risen over 50% this year, supported by recovering demand and supply cuts by the Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+.