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1. www.bnnbloomberg.ca › oil-stuck-in-tightestOil Stuck in Tightest Trading Range Since 2021 Ahead of US ...

   www.bnnbloomberg.ca › oil-stuck-in-tightest

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   2 days ago · (Bloomberg) -- Oil held in the narrowest weekly trading range since 2021, ahead of US economic data that may help set the tone for broader markets. West Texas Intermediate was steady near $82 a barrel after advancing 1% on Thursday, with prices moving in a band of about $2 this week. Brent closed above $86.

2. finance.yahoo.com › news › oil-holds-declineOil Settles Little Changed After Swinging on US Stockpile Gain

   finance.yahoo.com › news › oil-holds-decline

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   3 days ago · Wed, Jun 26, 2024, 12:35 PM 2 min read. (Bloomberg) -- Oil settled little changed after swinging between losses and gains as US petroleum stockpiles rose to the highest in more than three years ...

3. www.bostonglobe.com › 2024/06/27 › businessOil stuck in tightest trading range since 2021 ahead of US ...

   www.bostonglobe.com › 2024/06/27 › business

   2 days ago · Storage tanks at the West Indies Oil Company terminal in St. John's, Saint John Parish, Antigua, on April 22, 2023. (Bloomberg) -- Oil held in the narrowest trading range since 2021, ahead of US ...

4. www.businessinsider.com › oil-supply-outlookOil Outlook: Market Risks Supply Shortage As Peak Demand Is ...

   www.businessinsider.com › oil-supply-outlook

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   4 days ago · The oil market is at risk of a supply shortage as peak demand is still 10 years away, Goldman Sachs says. The oil market could see a supply crunch, Goldman Sachs said. Oil demand will rise for ...

5. www.argusmedia.com › en › commoditiesLatest crude oil prices, news, and market insights | Argus Media

   www.argusmedia.com › en › commodities

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   3 days ago · Access the latest crude oil prices and global market dynamics. In-depth analysis, news, and real-time updates on crude indexes. Your go-to source for oil insights.

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7. www.theglobeandmail.com › business › industry-newsOil prices rise on fuel demand expectations, easing U.S. dollar

   www.theglobeandmail.com › business › industry-news

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   5 days ago · Brent futures for August delivery settles at $86.01 a barrel. U.S. crude settle at $81.63 a barrel

8. www.aogr.com › web-exclusives › exclusive-storyReports Bullish On Tight Oil, Shale Gas Basins - AOGR

   www.aogr.com › web-exclusives › exclusive-story

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   3 days ago · If West Texas Intermediate prices maintain their current trajectory and average $60 a barrel in 2021, U.S. tight oil producers will achieve a record $195 billion in hydrocarbon revenues before factoring in hedges, according to a Rystad Energy analysis.

9. People also ask

   Will oil demand rise again in 2034?

   • Oil demand will rise for another 10 years, though producers are pulling back on new investment. The bank estimated oil demand would peak around 110 million barrels a day in 2034. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily.

   The oil market is at risk of a supply shortage as peak demand is still 10 y…

   www.businessinsider.com/oil-supply-outlook-shortage-crude-demand-production-opec-prices-brent-2024-6

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   Why did oil prices drop in 2023?

   • "While peak oil demand is still a decade away, capital is slowing for the production of crude oil and oil products, contributing to constrained supply in the medium term," they later added. Oil prices slumped at the end of 2023, in part due to booming crude production in the US and other countries.

   The oil market is at risk of a supply shortage as peak demand is still 10 y…

   www.businessinsider.com/oil-supply-outlook-shortage-crude-demand-production-opec-prices-brent-2024-6

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   Why did oil prices rise on Monday?

   • Oil prices firmed slightly on Monday as traders weighed support from expected summer demand and geopolitical tensions against a stronger dollar. Brent crude futures were up 15 cents, or 0.2 per cent, at $85.39 a barrel by 0850 GMT. U.S. West Texas Intermediate crude futures were at $80.86 a barrel, up 13 cents, or 0.2 per cent.

   Oil prices edge higher as demand expectations offset U.S. dollar strength

   www.theglobeandmail.com/business/industry-news/energy-and-resources/article-oil-prices-edge-higher-as-demand-expectations-offset-us-dollar/

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   Can the global oil market run into a supply shortage?

   • By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. The global oil market could run into a supply shortage as peak demand is still a decade away, according to Goldman Sachs analysts.

   The oil market is at risk of a supply shortage as peak demand is still 10 y…

   www.businessinsider.com/oil-supply-outlook-shortage-crude-demand-production-opec-prices-brent-2024-6

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   Why have oil prices climbed higher over the past month?

   • Oil prices have climbed higher over the past month as markets weigh the supply and demand outlook. Brent crude has surged 8% from its low in early June, trading around $84.51 a barrel on Monday.

   The oil market is at risk of a supply shortage as peak demand is still 10 y…

   www.businessinsider.com/oil-supply-outlook-shortage-crude-demand-production-opec-prices-brent-2024-6

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   Will the oil market recover after a ministerial meeting?

   • Browse the latest market moving news on the global crude oil industry. Dubai, 6 June (Argus) — Three of the Opec+ group's largest members today defended the decisions taken at their recent ministerial meeting, arguing that although oil prices fell early this week the market will eventually recover and see that the group's policy was correct.

   Latest crude oil prices, news, and market insights | Argus Media

   www.argusmedia.com/en/commodities/crude

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