Yahoo Canada Web Search

Search results

1. People also ask

   Why are crude oil prices rising?

   • Yet supply hasn’t been able to recover as quickly, thanks to delays in restoring drilling capacity, higher transportation costs, and sluggish production increases. As a result, prices of crude oil have risen consistently in recent months, though they are still about 40% below their peak levels of July 2008.

   Why are oil prices so high? And what can be done about it?

   www.politifact.com/article/2021/nov/04/why-are-oil-prices-so-high-and-what-can-be-done-ab/

   See all results for this question

   Why are oil prices so high?

   • Oil prices are at their highest point since 2014. Western oil companies, partly under pressure from investors and environmental activists, are drilling fewer wells than they did before the pandemic to restrain the increase in supply.

   Why Are Oil Prices So High and Will They Stay That Way?

   www.nytimes.com/2022/02/02/business/economy/oil-price.html

   See all results for this question

   Are oil prices eroding consumer confidence?

   • HOUSTON — Oil prices are increasing, again, casting a shadow over the economy, driving up inflation and eroding consumer confidence. Crude prices rose more than 15 percent in January alone, with the global benchmark price crossing $90 a barrel for the first time in more than seven years, as fears of a Russian invasion of Ukraine grew.

   Why Are Oil Prices So High and Will They Stay That Way?

   www.nytimes.com/2022/02/02/business/economy/oil-price.html

   See all results for this question

   Why did crude oil prices pull back from highs?

   • Crude oil prices pulled back from their recent highs after the Federal Open Market Committee (FOMC) took a hawkish tone at its September meeting, emphasizing investors should be prepared for interest rates to remain higher for longer and projecting one more rate hike by the end of the year.

   Why Is The Price Of Oil Rising? – Forbes Advisor

   www.forbes.com/advisor/investing/high-oil-prices/

   See all results for this question

2. www.forbes.com › advisor › investingWhy Is The Price Of Oil Rising? – Forbes Advisor

   www.forbes.com › advisor › investing

   • Cached

   Sep 28, 2023 · Brent crude oil prices have risen more than 30% in the past three months and are now trading near $93 per barrel, levels not seen since November 2022. Gasoline prices have followed suit and...

   • Author: Wayne Duggan

3. www.nytimes.com › 2024/04/09 › businessWhy Oil Prices Have Been Rising Recently - The New York Times

   www.nytimes.com › 2024/04/09 › business

   Apr 9, 2024 · Analysts say the momentum could carry prices higher. The price of a barrel of Brent crude oil, the international benchmark, has risen more than 20 percent since mid-December. It has jumped...

4. Videos

   • 

     3:38

     cbsnews.com

     MoneyWatch: Crude oil and gas prices

     Apr 25, 2022

   • 

     investopedia.com

     What Is Crude Oil, and Why Is It Important to Investors?

     Dec 31, 2008

   • 

     2:58

     youtube.com

     Why CA oil prices so high?

     Mar 28, 2022

     2.8K Views

   View all

5. www.forbes.com › sites › daneberhartWhy Are Oil Prices So High When The U.S. Remains One Of The ...

   www.forbes.com › sites › daneberhart

   • Cached

   Nov 13, 2021 · Crude oil prices have climbed more than 60% this year amid strong demand and snarled supply chains, prompting President Joe Biden to pressure Saudi Arabia and other exporters to ramp up oil...

   • Author: Dan Eberhart

6. www.nytimes.com › business › economyWhy Are Oil Prices So High and Will They Stay That Way?

   www.nytimes.com › business › economy

   Feb 2, 2022 · Feb. 2, 2022. HOUSTON — Oil prices are increasing, again, casting a shadow over the economy, driving up inflation and eroding consumer confidence. Crude prices rose more than 15 percent in...

7. www.cnn.com › 2023/07/28 › energyWhy oil prices are on their strongest run since before Russia ...

   www.cnn.com › 2023/07/28 › energy

   • Cached

   Jul 28, 2023 · The price of Brent crude, the global benchmark, ticked down 0.1% to $84 a barrel in Friday, but is still up 3.9% this week. The winning streak is the longest since an eight-week rally ended in ...

8. www.cnn.com › 2022/06/03 › energy3 reasons high oil prices are here to stay - CNN

   www.cnn.com › 2022/06/03 › energy

   • Cached

   Jun 3, 2022 · The price of Brent crude, the global benchmark, shot up past $124 a barrel earlier this week — its highest level since early March — after the European Union announced it would slash 90% of ...

9. www.politifact.com › article › 2021Why are oil prices so high? And what can be done about it?

   www.politifact.com › article › 2021

   • Cached

   Nov 4, 2021 · (AP) By Louis Jacobson November 4, 2021. If Your Time is short. • President Joe Biden said higher gas prices were because OPEC and Russia aren’t increasing production sufficiently....