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1. • $81.94 per barrel

     • WTI futures traded at $81.94 per barrel, as of 9 a.m. ET. Year to date, WTI prices are up by 11.57%.
     Reference:

     Crude oil prices today: WTI prices are up 11.57% this year

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 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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   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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   Why was crude up early in the session?

   • Crude was up early in the session as equities gained, and the commodity touched new intraday highs — even as stocks faded — after government data showed US oil stockpiles declining by 2.55 million barrels. An industry report on Tuesday had projected a 2.26 million-barrel increase.

   Latest Oil Prices, Market News and Analysis for June 20 - Bloomberg

   www.bloomberg.com/news/articles/2024-06-19/latest-oil-market-news-and-analysis-for-june-20

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   How do I get Bloomberg's energy daily newsletter?

   • To get Bloomberg’s Energy Daily newsletter into your inbox, click here. WTI for July delivery gained 0.7% to settle at $82.17 a barrel in New York. WTI July contracts expire Thursday. Brent for August settlement rose 0.8% to $85.71.

   Latest Oil Prices, Market News and Analysis for June 20 - Bloomberg

   www.bloomberg.com/news/articles/2024-06-19/latest-oil-market-news-and-analysis-for-june-20

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   What's going on with $100 oil?

   • Bets on $100 oil are also rising as supplies tighten. Open interest on $100 call options over the next 12 months has risen from about 80,000 contracts in the middle of July to 120,000 today. To get Bloomberg’s Energy Daily newsletter direct into your inbox, click here. WTI for October delivery rose 2.3% to settle at $85.55 in New York.

   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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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.

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   • Latest Oil Market News and Analysis for June 26 - Bloomberg

     1:12. Oil held a decline after an industry report signaled a...

   • Commodities - Bloomberg

     Get updated commodity futures prices. Find information about...

   • Latest Oil Prices, Market News and Analysis for June 20 ...

     June 20, 2024 at 12:16 PM PDT. Listen. 1:39. Oil rose as a...

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

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

   • Oil Market Today: WTI Crude Futures, Brent Prices - Bloomberg

     Prices. West Texas Intermediate crude for September delivery...

4. 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.

5. www.bloomberg.com › news › articlesLatest Oil Market News and Analysis for June 26 - Bloomberg

   www.bloomberg.com › news › articles

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   3 days ago · 1:12. Oil held a decline after an industry report signaled a small build in US crude inventories ahead of official data. West Texas Intermediate traded below $81 a barrel after dropping 1% on ...

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7. www.bloomberg.com › markets › commoditiesCommodities - Bloomberg

   www.bloomberg.com › markets › commodities

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   Get updated commodity futures prices. Find information about commodity prices and trading, and find the latest commodity index comparison charts.

8. 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 ...

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 › articlesOil Market Today: WTI Crude Futures, Brent Prices - Bloomberg

    www.bloomberg.com › news › articles

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    Jul 25, 2021 · Prices. West Texas Intermediate crude for September delivery fell 16 cents to settle at $71.91 a barrel in New York. Brent for September settlement added 40 cents to end the session at $74.50 a...