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- US oil prices rose sharply on Tuesday, climbing above $81 a barrel for the first time in two months. Crude closed at $81.22 a barrel, up nearly 4% on the day. It’s the highest level for oil since November 11.
edition.cnn.com/2022/01/11/business/oil-prices/index.html
People also ask
Why did oil prices rise this week?
Will the oil market be as tight as expected this quarter?
Will crude futures remain rangebound?
How did Middle East tensions affect oil prices?
2 days ago · July 1, 2024 at 12:23 PM PDT. Listen. 2:36. Oil climbed to the highest in more than two months as traders took stock of mounting geopolitical risks in Europe and the Middle East as well as a ...
- Energy Prices
Get updated data about energy and oil prices. Find natural...
- Energy Prices
Get updated data about energy and oil prices. Find natural gas, emissions, and crude oil price changes.
Oil company earnings underwhelm despite crude price flirting with US$85 a barrel. Oil prices rose this week as tightening supply conditions and ongoing tensions in the Middle East contributed to push prices higher.
Jan 16, 2024 · Until the market sees a real disruption of petroleum products through the Red Sea, “crude futures will remain rangebound,” said Dennis Kissler, senior vice president at BOK Financial. The Israel-Hamas conflict saw a war-risk premium built into crude, but that faded after a couple of weeks.
Nov 14, 2023 · Updated on. November 14, 2023 at 11:59 AM PST. Oil narrowly held onto a four-day winning streak as investors weighed a mixed supply-and-demand outlook. West Texas Intermediate settled unchanged...
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Apr 4, 2024 · Brent crude climbed above US$90 a barrel for the first time since October as the conflict in the Middle East showed signs of escalating.
Feb 29, 2024 · Oil extended this year’s rally to almost US$80 a barrel amid signs of a tightening physical market. West Texas Intermediate earlier breached the key level before paring gains to close up 2.2 per cent at the highest settlement price since November.
