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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.
Get updated data about energy and oil prices. Find natural gas, emissions, and crude oil price changes.
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
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 ...
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...
- 2 min
Jun 7, 2022 · Oil maintained its gains after US government data showed crude inventories in the largest storage hub and gasoline stockpiles dropped, offering little relief to concerns about a global supply...
Feb 29, 2024 · Oil extended this year’s rally to almost US$80 a barrel amid signs of a tightening physical market. West Texas Intermediate earlier breached the key level before paring gains to close up 2.2 per cent at the highest settlement price since November.
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