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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.
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.
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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 ...
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.
Apr 4, 2024 · Brent crude climbed above US$90 a barrel for the first time since October as the conflict in the Middle East showed signs of escalating.
May 8, 2023 · Crude Oil Prices Hold Two-Day Gain Amid Disruptions to Canadian Production - Bloomberg. Markets. Oil Reverses China-Driven Drop, Rises on US Plan to Refill SPR. China’s recovery...
Jun 18, 2023 · Crude trading volumes, especially for WTI, may be lower than usual on Monday as the US marks the Juneteenth holiday. Oil has retreated in the first half of the year as China’s lifting of its ...
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