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Oil prices saw further gains this week as tensions in the Middle East escalated, propelling WTI crude to around US$87 a barrel, while the global benchmark, Brent, approached US$91, nearing its highest level since October.
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 ...
Jun 16, 2024 · Oil Rises Above $80 a Barrel as Equities Climb in Risk-On Rally. WTI advance accelerates after prices top key technical level; China retail data beats estimates, industrial figures miss
1 day ago · 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. The stalemate in crude markets has ...
Jun 18, 2024 · June 19, 2024 at 12:14 PM PDT. Listen. 2:39. Oil edged lower, after earlier touching a seven-week high, as signs of further growth in stockpiles tempered investor optimism spurred by rising equity ...
Jun 20, 2024 · June 20, 2024 at 5:13 AM PDT. Listen. 3:03. Oil markets are getting at least a small taste of a much-anticipated summer rally. Prices have surged, after one of the most-aggressive periods of short ...
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