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1. www.bloomberg.com › energyEnergy - Bloomberg

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

2. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for September 26 ...

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   4 days ago · Updated on. September 26, 2024 at 8:05 AM EDT. Save. Oilfell for a second day as Saudi Arabia was reported to be committed to increasing output in December, while factions in Libya reached a deal ...

3. www.bloomberg.com › quicktake › oil-pricesOil Prices - Bloomberg

   www.bloomberg.com › quicktake › oil-prices

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   Apr 8, 2015 · Today the international benchmark is Brent crude from the North Sea. The U.S. benchmark, West Texas Intermediate crude, which for years traded at a discount to Brent, has been close to parity...

   • Video Duration: 6 min

4. www.bnnbloomberg.ca › investing › 2024/09/10The Oil Market’s Bullish Structure Is Fading Fast as Prices ...

   www.bnnbloomberg.ca › investing › 2024/09/10

   Sep 10, 2024 · Major oil consumers pounced on last week’s price drop to snap up bumper volumes of contracts for next year. They generally buy oil derivatives to offset the higher cost of fuel bills when prices rise. Those moves help slow declines in longer-dated oil prices when crude falls — effectively flattening the futures curve.

5. www.bnnbloomberg.ca › markets › oilOil – Stock Price, Charts & News Today – BNN Bloomberg

   www.bnnbloomberg.ca › markets › oil

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   3 days ago · Stay on top of your portfolio with real-time data, historical charts and the latest news on the oil and gas industry on BNN Bloomberg.

6. www.bnnbloomberg.ca › markets › oilOil rises for third day as spreads signal stronger demand

   www.bnnbloomberg.ca › markets › oil

   Jul 12, 2024 · (Bloomberg) -- Oil climbed for a third day as key market gauges flashed signs of stronger demand and traders gauged the outlook for interest rates. Brent crude rose near US$86 a barrel and West Texas Intermediate topped $83.

7. People also ask

   Why did major oil consumers pounce on last week's price drop?

   • Major oil consumers pounced on last week’s price drop to snap up bumper volumes of contracts for next year. They generally buy oil derivatives to offset the higher cost of fuel bills when prices rise. Those moves help slow declines in longer-dated oil prices when crude falls — effectively flattening the futures curve.

   The Oil Market’s Bullish Structure Is Fading Fast as Prices Tank

   www.bnnbloomberg.ca/investing/2024/09/10/the-oil-markets-bullish-structure-is-fading-fast-as-prices-tank/

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   What is Bloomberg WTI crude oil subindex index?

   • As of 6:18 AM EDT 09/10/24. PREV. CLOSE Bloomberg WTI Crude Oil Subindex index is a single commodity subindex of the BCOM composed of futures contracts on crude oil. It reflects the return of underlying commodity futures price movements only and is quoted in USD.

   BCOMCL Quote - Bloomberg WTI Crude Oil Subindex

   www.bloomberg.com/quote/BCOMCL:IND

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   Why did oil prices drop a year ago?

   • A year ago, the price difference — between what traders call the front and back of the oil futures curve — was more than $20 a barrel. The decline is due in part to an expected glut in the market next year, but also a shift in trading dynamics, amplifying a slump that has pushed oil to its lowest price since 2021.

   The Oil Market’s Bullish Structure Is Fading Fast as Prices Tank

   www.bnnbloomberg.ca/investing/2024/09/10/the-oil-markets-bullish-structure-is-fading-fast-as-prices-tank/

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   Why are crude prices so low in the US?

   • That indicates tight supplies, particularly in the US, where inventories have been steadily declining in recent weeks. Physical crude prices — those for barrels in the real world — have held up in the face of the recent rout in the futures market, according to Sparta Commodities.

   The Oil Market’s Bullish Structure Is Fading Fast as Prices Tank

   www.bnnbloomberg.ca/investing/2024/09/10/the-oil-markets-bullish-structure-is-fading-fast-as-prices-tank/

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8. www.bloomberg.com › quote › BCOMCL:INDBCOMCL Quote - Bloomberg WTI Crude Oil Subindex

   www.bloomberg.com › quote › BCOMCL:IND

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   Index performance for Bloomberg WTI Crude Oil Subindex (BCOMCL) including value, chart, profile & other market data.