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

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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.

2. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for May 28 ...

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   5 days ago · May 28, 2024 at 12:08 PM PDT. Listen. 2:26. Oil rebounded from last week’s selloff as tensions flared in the Middle East, with a vessel attacked in the Red Sea and Israeli tanks reaching the ...

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.bnnbloomberg.ca › oil-rises-further-as-middleOil price news: oil holds above US$90 after ... - BNN Bloomberg

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   Apr 5, 2024 · Photographer: Toru Hanai/Bloomberg , Bloomberg. Oil held above the $90-a-barrel threshold as escalating tensions in the Middle East prompt a dramatic repricing of geopolitical risks. Fears of a wider region conflict are rising, with Israel increasing preparations for an attack from Iran in retaliation for its strike on the country’s ...

5. www.bloomberg.com › news › videosOil Rally Picks Up Steam as US Benchmark WTI Tops $90

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   Sep 14, 2023 · Oil Rally Picks Up Steam as US Benchmark WTI Tops $90. Oil is extending its gains after West Texas Intermediate settled above $90 a barrel in New York for the first time since November. It's...

   • Video Duration: 4 min

6. www.bloomberg.com › quicktake › oil-pricesOil Prices - Bloomberg

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   Apr 8, 2015 · May 1, 2017 at 11:32 AM PDT. Oil is so much more than a fuel. It’s a force even bigger than its trillion-dollar market. It’s a weapon, a strategic asset, a curse. It’s a maker and spoiler of ...

7. People also ask

   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

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   Why did oil prices spike again in 1979?

   • Prices spiked again in 1979 because of the Iranian revolution. In the 1980s, OPEC infighting, the emergence of new suppliers and the development of futures exchanges gave rise to new market-based prices. Today the international benchmark is Brent crude from the North Sea.

   Oil Prices - Bloomberg

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   What is the international benchmark for crude oil?

   • 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 in 2016. The U.S. repealed its 40-year-old ban on exporting crude in December 2015. Have a confidential tip for our reporters? Get in Touch

   Oil Prices - Bloomberg

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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

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8. www.bloomberg.com › news › videosWatch Oil Prices Hit Record Above $92 a Barrel for First Time ...

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   Feb 4, 2022 · TV Shows. Bloomberg Surveillance. February 4th, 2022, 5:31 AM PST. Oil prices continued to surge Friday as WTI crude topped $92 a barrel with demand soaring as a cold snap hits the U.S....

   • Video Duration: 4 min