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     Senate Probes Possibility of Collusion Between Big Oil and OPEC

     (Bloomberg) -- A US Senate committee is investigating whether oil producers are illegally coordinating with OPEC to raise prices, following allegations ...

     Bloomberg via Yahoo

     2 days ago

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     Deutsche Welle

     Are Saudi Arabia's plans for a non-oil future too grand? – DW – 06/24/2024

     4 days ago

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     Bloomberg via Yahoo

     Oil Steady Below Two-Month High as Traders Weigh Mixed Outlook

     11 hours ago

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     Financial Post

     Oil Stuck in Tightest Trading Range Since 2021 Ahead of US Data

     1 day ago

   • Bloomberg via Yahoo

     Oil Traders Turn Focus to 2025 Contracts as Crude Plods in Range

     1 day ago

   • Bloomberg via Yahoo

     Andurand Ditches Famed Oil Trades for Copper and Cocoa

     3 days ago

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2. • • Oil dropped to the lowest in more than three months as the market flashed signs of weakness, despite expectations for OPEC+ to continue its output cuts. Brent crude dipped below US$81 a barrel, while West Texas Intermediate declined near to $76. Both benchmarks are set for a weekly loss.
     Reference:

     Oil price news: Oil drops to lowest in over 3 ... - BNN Bloomberg

3. People also ask

   Why did oil prices rise this week?

   • Oil prices rose this week as tightening supply conditions and ongoing tensions in the Middle East contributed to push prices higher. Dan Rohinton, portfolio manager of iA Global Asset Management joins BNN Bloomberg to discuss the top markets movers of the day including oil and gold.

   Oil - BNN Bloomberg

   www.bnnbloomberg.ca/oil

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   Why are crude trading volumes lower on Monday?

   • Crude trading volumes, especially for WTI, may be lower than usual on Monday as the US marks the Juneteenth holiday. Oil has retreated in the first half of the year as China’s lifting of its Covid Zero restrictions underwhelmed lofty expectations, while global supplies, including from Russia, remained abundant.

   Latest Oil Market News and Analysis for June 19 - Bloomberg

   www.bloomberg.com/news/articles/2023-06-18/crude-oil-prices-edge-lower-after-last-week-s-gain-with-focus-on-second-half

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   What is the outlook for oil demand?

   • Meanwhile, Citigroup Inc. ’s Ed Morse said the outlook for oil demand will likely see further downward revisions amid higher fuel prices. “Almost everybody has reduced their expectations of demand for the year,” Morse said in a Bloomberg Television interview Wednesday. Oil has opened the third quarter on volatile footing.

   Crude Oil Price Rebounds Above $100 After Plunging on Recession

   www.bloomberg.com/news/articles/2022-07-05/oil-steadies-above-100-after-plunging-on-recession-concerns

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   Will the reopening of the oil market lead to more demand?

   • “The oil market’s biggest wildcard is China and optimism is still strong that the reopening will continue and eventually lead to more demand for crude.” Still, oil is poised to end a volatile year modestly higher. Group of Seven sanctions on Russian flows, and scope for OPEC and its allies to cut supply are boosting prices.

   Crude Oil Prices, Brent, WTI Trends: December 22, 2022 - Bloomberg

   www.bloomberg.com/news/articles/2022-12-21/oil-holds-three-day-advance-after-us-crude-stockpiles-contract

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4. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for June 20 ...

   www.bloomberg.com › news › articles

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   Jun 19, 2024 · June 20, 2024 at 12:16 PM PDT. Listen. 1:39. Oil rose as a drawdown in US crude inventories extended a rally that has been supported by a hot streak for equity markets. West Texas Intermediate ...

   • Energy - Bloomberg

     Get updated data about energy and oil prices. Find natural...

   • Crude Oil Prices, Brent, WTI Trends: December 22, 2022 ...

     Oil Falls In Light Trading Despite Tightening Crude...

5. www.bloomberg.com › energyEnergy - Bloomberg

   www.bloomberg.com › energy

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   Get updated data about energy and oil prices. Find natural gas, emissions, and crude oil price changes.

6. www.bnnbloomberg.ca › oilOil - BNN Bloomberg

   www.bnnbloomberg.ca › oil

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   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.

7. www.bnnbloomberg.ca › oil-price-news-brent-crudeOil price news: Brent crude hits US$90 a barrel as Middle ...

   www.bnnbloomberg.ca › oil-price-news-brent-crude

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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. The global benchmark spiked as much as 2.2 per cent after Israeli Prime Minister Benjamin Netanyahu said at a security cabinet meeting that his country will operate against Iran and its proxies and will hurt ...

8. www.bloomberg.com › news › articlesCrude Oil Prices, Brent, WTI Trends: December 22, 2022 ...

   www.bloomberg.com › news › articles

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   Dec 21, 2022 · Oil Falls In Light Trading Despite Tightening Crude Supplies. Traders watching impact of Russian sanctions, US economic data; US benchmark West Texas Intermediate trades near $78 a barrel

9. www.bloomberg.com › news › articlesLatest Oil Market News and Analysis for June 19 - Bloomberg

   www.bloomberg.com › news › articles

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   Jun 18, 2023 · Crude trading volumes, especially for WTI, may be lower than usual on Monday as the US marks the Juneteenth holiday. Oil has retreated in the first half of the year as China’s lifting of its ...

10. www.bloomberg.com › news › articlesCrude Oil Price Rebounds Above $100 After Plunging on ...

    www.bloomberg.com › news › articles

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    Jul 5, 2022 · Oil Extends Its Losses as Growth Concerns Stoke Two-Day Decline. US crude benchmark settles below $100 a barrel for second day. Price plunges are part of a pattern of extreme volatility.