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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.
     Reference:

     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

   See all results for this question

   Why are crude prices tracking broader financial markets?

   • Crude prices have tracked broader financial markets amid a muddled outlook for the commodity’s fundamentals. A report Wednesday showed inventories at the key storage hub in Cushing, Oklahoma, swelling to the highest in 10 months, while US gasoline demand improved marginally ahead of the Memorial Day holiday weekend.

   Latest Oil Prices, Market News and Analysis for May 23 - Bloomberg

   www.bloomberg.com/news/articles/2024-05-22/latest-oil-market-news-and-analysis-for-may-23

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   Why have oil prices tumbled sharply over the past 3 weeks?

   • Still, oil prices have tumbled sharply over the past three weeks. Hedge fund manager Pierre Andurand pointed to larger-than-expected supplies — citing high production in the US and Iran — as the catalyst for crude’s recent retreat.

   Latest Oil Prices, Market News and Analysis for Nov. 9 - Bloomberg

   www.bloomberg.com/news/articles/2023-11-09/latest-oil-market-news-and-analysis-for-nov-9

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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. Top Stories

   • 

     Crude Oil Prices

     Oil Prices on Track for a Weekly Gain as Fuel Demand Climbs and Inventories Fall

     1 week ago

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     Crude Oil Prices

     Oil Prices Start the Week Lower as Demand Optimism Fades

     2 weeks ago

   • bnnbloomberg

     Oil price news: Oil creeps up after loss as prices take cues from wider markets

     Oil edged higher as it drew support from a firmer tone across wider markets. Brent traded above US$85 a barrel, clawing back some of Friday’s decline. Global stocks rose ahead of a week of political risks and inflation data, while the U.S. dollar fell making commodities priced in the currency more appealing.

     5 days ago

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4. 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...

   • CL1 Quote - Generic 1st 'CL' Future - Bloomberg

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

   • Latest Oil Prices, Market News and Analysis for May 23 ...

     Latest Oil Prices, Market News and Analysis for May 23 -...

   • 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. 9 ...

     Oil inched up as technical gauges signaled that crude’s...

5. 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 ...

6. 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.

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

   oilprice.com

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

8. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for May 23 ...

   www.bloomberg.com › news › articles

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   May 22, 2024 · Latest Oil Prices, Market News and Analysis for May 23 - Bloomberg. Markets. Oil Drifts to February Lows Amid Physical Weakness, Stock Slump. WTI settles below $77 a barrel, the lowest since...

   • Author: Julia Fanzeres

9. 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...

10. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for Nov. 9 ...

    www.bloomberg.com › news › articles

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    Nov 9, 2023 · Oil inched up as technical gauges signaled that crude’s plunge to a three-month low on Wednesday was overdone. West Texas Intermediate rose 0.5% to settle just below $76 a barrel after a $5 ...