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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. Commodities. 7:45.
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 ...
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 ...
3 days ago · Canadian oil producers ramping up production: Lipow. (Bloomberg) --Oil futures dropped alongside equity markets as traders look ahead to Sunday’s OPEC+ meeting. Following the US holiday on Monday, oil spent the week swinging in a three dollar directionless trade amid muted volumes. West Texas Intermediate fell below US$78 a barrel as a lack ...
Aug 31, 2023 · Updated on. September 1, 2023 at 12:20 PM PDT. Listen. 2:35. Oil prices surged above $85 as a monthslong effort by OPEC+ to reduce supplies gripped the physical market and China showed a new...
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Jan 24, 2024 · Jan 24, 2024. Oil price news: Oil edges higher as wider markets rally before U.S. stockpile data. Elizabeth Low and Alex Longley, Bloomberg News. Now Showing. 5:58. Rystad Energy says investors are finally realizing that oil deman... Up Next. 7:41. Crude oil should be pricing in about $12 in geopolitical supply d... 3:12.
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