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- Oil futures climbed on Thursday to settle at fresh seven-week highs on the back of weekly declines in U.S. crude and gasoline inventories, as rising geopolitical tensions lifted concerns about disruptions to global supply chains.
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Jun 18, 2024 · Oil futures on Tuesday notched back-to-back session gains to settle at their highest level in seven weeks, buoyed by upbeat prospects for global crude demand.
Jun 21, 2024 · Prices declined despite signs of improving U.S. oil demand and falling fuel inventories that helped boost crude prices to a seven-week high a day earlier. Brent futures fell 47 cents, or...
Jul 27, 2023 · U.S. crude oil futures climbed Thursday to end above $80 for the first time since April. The rise extends a five-week-long rally fueled by OPEC supply cuts and strong demand from China that has...
Sep 19, 2024 · Oil futures gain as the market digests implications of the Fed’s 50 basis-point interest-rate cut and Israeli air strikes against Hezbollah targets in Lebanon add to geopolitical risk...
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Jun 10, 2024 · Oil futures climbed sharply Monday, with U.S. prices posting their largest one-day climb since February to settle at their highest in more than a week, buoyed by expectations for stronger...
