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1. • • What is the current oil price today? WTI futures traded at $81.44 per barrel, as of 9 a.m. ET. Year to date, WTI prices are up by 10.89%.
     Reference:

     Crude oil prices today: WTI prices are down 0.05% today

2. People also ask

   Why did oil prices rise above $85?

   • Get in Touch Oil prices surged above $85 as a monthslong effort by OPEC+ to reduce supplies gripped the physical market and China showed a new resolve to bolster its economy, a key engine of global crude consumption.

   Latest Oil Prices, Market News and Analysis for Friday September 1

   www.bloomberg.com/news/articles/2023-08-31/latest-oil-market-news-and-analysis-for-friday-september-1

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   Why are crude prices tracking broader financial markets?

   • Crude prices have tracked broader financial markets amid a muddled outlook for the commodity’s fundamentals. A report Wednesday showed inventories at the key storage hub in Cushing, Oklahoma, swelling to the highest in 10 months, while US gasoline demand improved marginally ahead of the Memorial Day holiday weekend.

   Latest Oil Prices, Market News and Analysis for May 23 - Bloomberg

   www.bloomberg.com/news/articles/2024-05-22/latest-oil-market-news-and-analysis-for-may-23

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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 has US crude spread soared to the highest level in a year?

   • US crude’s prompt spread has surged to the strongest level since November as inventories in the key storage hub of Cushing, Oklahoma, continue to be drawn down. The closely watched spread between the nearest two December contracts for WTI skyrocketed to the widest in a year. Bets on $100 oil are also rising as supplies tighten.

   Latest Oil Prices, Market News and Analysis for Friday September 1

   www.bloomberg.com/news/articles/2023-08-31/latest-oil-market-news-and-analysis-for-friday-september-1

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3. www.bloomberg.com › energyEnergy - Bloomberg

   www.bloomberg.com › energy

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

   • Co1 Quote

     Stock analysis for CO1. Get stock price, historical stock...

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     Stock analysis for CL1. Get stock price, historical stock...

   • Commodities

     Get updated commodity futures prices. Find information about...

4. 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.

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

   www.bloomberg.com › news › articles

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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 ...

6. oilprice.comCrude Oil Prices Today | OilPrice.com

   oilprice.com

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   Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice.

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

   www.bloomberg.com › news › articles

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   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

   • Author: Julia Fanzeres

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

   www.bloomberg.com › news › articles

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   Aug 31, 2023 · Oil prices surged above $85 as a monthslong effort by OPEC+ to reduce supplies gripped the physical market and China showed a new resolve to bolster its economy, a key engine of global crude...

9. www.bloomberg.com › markets › commoditiesCommodities - Bloomberg

   www.bloomberg.com › markets › commodities

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   Get updated commodity futures prices. Find information about commodity prices and trading, and find the latest commodity index comparison charts.