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

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   Oil tops US$87 but rally will run into 'wall of supply' soon, CIBC energy trader says. 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. Commodities.

2. 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.

3. Videos

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4. 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 ...

5. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for May 23 ...

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   May 23, 2024 · Updated on. May 23, 2024 at 3:26 PM EDT. Oil slipped as broader investment sentiment soured and traders weighed signs of a weakening physical market ahead of the start of the US summer driving ...

6. www.bnnbloomberg.ca › oil-holds-near-three-monthOil price news: Oil drops to lowest in over 3 ... - BNN Bloomberg

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   May 23, 2024 · Bloomberg News. Oil dropped to the lowest in more than three months as the market flashed signs of weakness, despite expectations for OPEC+ to continue its output cuts. Brent crude dipped below US$81 a barrel, while West Texas Intermediate declined near to $76. Both benchmarks are set for a weekly loss.

7. www.bnnbloomberg.ca › oil-price-news-oil-risesOil price news: Oil, locked in rangebound ... - BNN Bloomberg

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   Jan 16, 2024 · Oil fell as risk-off sentiment in equities markets outweighed Red Sea shipping dangers. West Texas Intermediate crude is stuck in a narrow trading range even after Houthi attacks on merchant ships in the Red Sea gave prices a boost earlier in the session. While the strikes have prompted Shell Plc to suspend all shipments through the area ...

8. 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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   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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   How much should crude oil cost in geopolitical supply?

   • 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.

   Oil price news: Oil edges higher as wider markets rally before U.S

   www.bnnbloomberg.ca/oil-price-news-oil-edges-higher-as-wider-markets-rally-before-u-s-stockpile-data-1.2025809

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   Are investors finally realizing that oil demands?

   • Rystad Energy says investors are finally realizing that oil deman... 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.

   Oil price news: Oil edges higher as wider markets rally before U.S

   www.bnnbloomberg.ca/oil-price-news-oil-edges-higher-as-wider-markets-rally-before-u-s-stockpile-data-1.2025809

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