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1. • $84.81 per barrel

     • Today’s Brent crude oil spot price is at $84.81 per barrel, down by 0.47% from the previous trading day.
     commodity.com/energy/oil/price/

     Today’s Oil Price: Brent Crude & WTI Oil Prices Today

2. People also ask

   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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   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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   Will the oil market be as tight as expected this quarter?

   • While oil demand is healthy, according to the International Energy Agency, the market will not be as tight as expected this quarter. Increased crude output from the US and Brazil are offsetting strong consumption from China, the agency said in a report Tuesday.

   Latest Oil Prices, Market News and Analysis for Nov. 14 - Bloomberg

   www.bloomberg.com/news/articles/2023-11-14/latest-oil-market-news-and-analysis-for-nov-14

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   Will oil price flare up this year?

   • Claudio Galimberti, head of global oil macro research at Rystad Energy, joins BNN Bloomberg and says we could see flare ups in the oil price this year as demand continues to outpace active supply. Seasonality and low inventories are really helping oil break out past US$80, says Rebecca Babin, senior energy trader at CIBC Private Wealth.

   Oil - BNN Bloomberg

   www.bnnbloomberg.ca/oil

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3. 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.

   • CO1 Quote - Generic 1st 'CO' Future - Bloomberg

     Stock analysis for CO1. Get stock price, historical stock...

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     Stock analysis for CL1. Get stock price, historical stock...

   • Latest Oil Prices, Market News and Analysis for Friday ...

     Oil prices surged above $85 as a monthslong effort by OPEC+...

   • Latest Oil Prices, Market News and Analysis for Nov. 14 ...

     Oil narrowly held onto a four-day winning streak as...

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

     Oil Falls In Light Trading Despite Tightening Crude...

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 ...

5. 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.

6. Videos

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     Oil Prices: Single Trading Firm Is Fueling Runup in Physical Crude

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     BCOMCL Quote - Bloomberg WTI Crude Oil Subindex

     Jul 8, 2014

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     5:51

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     Crude oil prices bound for $60, says top analyst Paul Sankey

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7. 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...

8. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for Nov. 14 ...

   www.bloomberg.com › news › articles

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   Nov 14, 2023 · Oil narrowly held onto a four-day winning streak as investors weighed a mixed supply-and-demand outlook. West Texas Intermediate settled unchanged near $78 a barrel, erasing an equities-led ...

   • Video Duration: 2 min

9. www.bloomberg.com › news › articlesOil Tops $122 as US Inventory Data Highlights Fuel Supply ...

   www.bloomberg.com › news › articles

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   Jun 7, 2022 · Diesel prices are surging faster than gasoline, with an unusually hefty premium for this time of year with the rest of the world is relying on the US to supply the most widely used oil product...

10. 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