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   Why did oil prices rise this week?

   • Oil prices rose this week as tightening supply conditions and ongoing tensions in the Middle East contributed to push prices higher. Dan Rohinton, portfolio manager of iA Global Asset Management joins BNN Bloomberg to discuss the top markets movers of the day including oil and gold.

   Oil - BNN Bloomberg

   www.bnnbloomberg.ca/oil

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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 did US crude stockpiles drop to the lowest since January?

   • A report earlier this week showed US crude stockpiles dropping to the lowest since January, while gauges such as the WTI cash roll and key timespreads are signaling supply constraints. The roll, which reflects supply-demand balances at Cushing, Oklahoma, climbed to the highest in two years.

   Latest Oil Prices, Market News and Analysis for April 26 - Bloomberg

   www.bloomberg.com/news/articles/2024-04-25/latest-oil-market-news-and-analysis-for-april-26

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   How did Middle East tensions affect oil prices?

   • 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.

   Oil - BNN Bloomberg

   www.bnnbloomberg.ca/oil

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   Why has crude risen so much this year?

   • Crude has advanced this year, supported by supply cuts from OPEC+ and political risks in the Middle East, including heightened tensions between Israel and Iran that helped lift Brent above $90 a barrel earlier this month. Israel is stepping up preparations for a potential all-out war with Hezbollah.

   Latest Oil Prices, Market News and Analysis for April 26 - Bloomberg

   www.bloomberg.com/news/articles/2024-04-25/latest-oil-market-news-and-analysis-for-april-26

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   Why are barrel prices so high?

   • That comes as premiums for real-world barrels rocket higher, particularly in the US, traders and brokers said. Crude has soared by almost one-third since mid-June, with Riyadh and Moscow joining hands to curtail exports in a bid to drain inventories and drive a rebound in prices.

   Latest Oil Prices, Market News and Analysis for September 19 - Bloomb…

   www.bloomberg.com/news/articles/2023-09-18/latest-oil-market-news-and-analysis-for-september-19

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2. www.bnnbloomberg.ca › oilOil - BNN Bloomberg

   www.bnnbloomberg.ca › oil

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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.

3. www.bloomberg.com › energyEnergy - Bloomberg

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   Get updated data about energy and oil prices. Find natural gas, emissions, and crude oil price changes.

4. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for June 17 ...

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   Jun 16, 2024 · Oil Rises Above $80 a Barrel as Equities Climb in Risk-On Rally. WTI advance accelerates after prices top key technical level; China retail data beats estimates, industrial figures miss

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

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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 ...

6. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for June 20 ...

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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 ...

7. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for September 19 ...

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   Sep 18, 2023 · Global benchmark Brent futures neared $96 a barrel for the first time since November before paring gains and settling at $94.34. “The new upside target” sits near $95 for US futures, Dennis...

8. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for April 26 ...

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   Apr 25, 2024 · Updated on. April 26, 2024 at 12:06 PM PDT. Oil rose this week amid signs of a tightening physical market while traders continue to assess lingering Middle East risks. West Texas Intermediate edged...