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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.
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 ...
May 22, 2024 · Oil Drifts to February Lows Amid Physical Weakness, Stock Slump. WTI settles below $77 a barrel, the lowest since late February; US crude stockpiles at Cushing swelled to highest since July
- Julia Fanzeres
Apr 8, 2015 · Today the international benchmark is Brent crude from the North Sea. The U.S. benchmark, West Texas Intermediate crude, which for years traded at a discount to Brent, has been close to parity...
- 6 min
Nov 14, 2023 · Updated on. November 14, 2023 at 11:59 AM PST. Listen. 1:36. Oil narrowly held onto a four-day winning streak as investors weighed a mixed supply-and-demand outlook. West Texas Intermediate...
Jan 24, 2024 · Crude oil should be pricing in about $12 in geopolitical supply d... Oil inched higher, aided by gains across markets as China sought to stimulate its economy, and ahead of U.S. inventory data due later. Global benchmark Brent edged toward US$80 a barrel though it remains steadfastly rangebound.
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