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6 days ago · Stay on top of your portfolio with real-time data, historical charts and the latest news on the oil and gas industry on BNN Bloomberg.
4 days ago · Oil Soars After Iran Launches Rockets at Israel in Direct Attack. Escalation may increase chances of crude supply disruptions; Conflict had so far done little to shake prices out of slump
Sep 10, 2024 · Oil Jumps as US Gulf Hurricane Spurs Short-Covering by Traders. Hurricane Francine makes offshore drillers halt operations; API reports US crude, gasoline inventories fell last week
5 days ago · Oil closed little changed after a day of choppy trading as investors assessed the risks that Israel’s recent strikes against Hezbollah will widen the conflict in the Middle East.
1 day ago · The real-time price of Brent crude oil is at $ 77.60 per barrel, and the price of WTI crude oil is at $ 73.55 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in the US or when referring to US crude oil.
Sep 10, 2024 · Major oil consumers pounced on last week’s price drop to snap up bumper volumes of contracts for next year. They generally buy oil derivatives to offset the higher cost of fuel bills when prices rise. Those moves help slow declines in longer-dated oil prices when crude falls — effectively flattening the futures curve.
1 day ago · Bloomberg News reported Wednesday that oil prices rose to a one-month high after Israel said it would retaliate against Iran after the nation fired a barrage of around 200 ballistic missiles, which increased potential risks to the supply of crude oil in the region. West Texas Intermediate (WTI) prices rose about two per cent to around US$71 per barrel late morning Wednesday.
