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   Why did oil prices rise above $85?

   • Get in Touch Oil prices surged above $85 as a monthslong effort by OPEC+ to reduce supplies gripped the physical market and China showed a new resolve to bolster its economy, a key engine of global crude consumption.

   Latest Oil Prices, Market News and Analysis for Friday September 1

   www.bloomberg.com/news/articles/2023-08-31/latest-oil-market-news-and-analysis-for-friday-september-1

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   How did Middle East tensions affect oil prices?

   • 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.

   Oil - BNN Bloomberg

   www.bnnbloomberg.ca/oil

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   Why is crude trading near the upper end of this year's range?

   • Crude is trading near the upper end of this year’s range as investors weigh a subdued demand outlook for top importer China against rising geopolitical risks in the Middle East and disruptions in the Red Sea.

   Latest Oil Prices, Market News and Analysis for Feb. 22 - Bloomberg

   www.bloomberg.com/news/articles/2024-02-21/latest-oil-market-news-and-analysis-for-feb-22

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   Why has US crude spread soared to the highest level in a year?

   • US crude’s prompt spread has surged to the strongest level since November as inventories in the key storage hub of Cushing, Oklahoma, continue to be drawn down. The closely watched spread between the nearest two December contracts for WTI skyrocketed to the widest in a year. Bets on $100 oil are also rising as supplies tighten.

   Latest Oil Prices, Market News and Analysis for Friday September 1

   www.bloomberg.com/news/articles/2023-08-31/latest-oil-market-news-and-analysis-for-friday-september-1

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

   www.bnnbloomberg.ca › oil

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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.

3. www.bloomberg.com › energyEnergy - Bloomberg

   www.bloomberg.com › energy

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   Oil Rallies to Two-Month High After US Crude Stockpile Decline. Get updated data about energy and oil prices. Find natural gas, emissions, and crude oil price changes.

4. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for June 17 ...

   www.bloomberg.com › news › articles

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   Jun 16, 2024 · Crude futures surged 3.9% last week, the first weekly gain in nearly a month. The rally was driven in part by a major bout of short-covering, with outright bearish wagers on the global Brent ...

5. oilprice.comCrude Oil Prices Today | OilPrice.com

   oilprice.com

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   Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice.

6. www.bloomberg.com › news › articlesLatest Oil Market News and Analysis for July 1 - Bloomberg

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   4 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 ...

7. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for Feb. 22 ...

   www.bloomberg.com › news › articles

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   Feb 21, 2024 · Oil Rises Near Upper End of Range on Signs of Tighter Market. Prompt spreads for Brent, WTI have widened in backwardation; Report shows smaller-than-expected gain in US crude stockpiles

8. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for Friday ...

   www.bloomberg.com › news › articles

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   Aug 31, 2023 · Oil prices surged above $85 as a monthslong effort by OPEC+ to reduce supplies gripped the physical market and China showed a new resolve to bolster its economy, a key engine of global crude...