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2. • • WTI for March delivery, which expires Tuesday, dropped 1.3 per cent from Friday’s close to settle at $78.18 a barrel in New York. There was no settlement on Monday due to the U.S. holiday. The more-active April contract fell 1.8 per cent to settle at US$77.04 a barrel.
     Reference:

     Oil price news: Oil falls as monetary policy ... - BNN Bloomberg

3. 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

   www.bnnbloomberg.ca/oil

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   Why did oil rise to the highest in two weeks?

   • Annmarie Hordern reports. Source: Bloomberg Oil rose to the highest in two weeks as more oil companies and tanker owners began to avoid the Red Sea amid increasingly frequent attacks in the region. West Texas Intermediate advanced 1.5% to settle above $72 a barrel at the highest since Dec. 4. Prices earlier spiked as much as 4%.

   Latest Oil Prices, Market News and Analysis for Dec. 18 - Bloomberg

   www.bloomberg.com/news/articles/2023-12-17/latest-oil-market-news-and-analysis-for-dec-18

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   How did Middle East tensions affect oil prices?

   • 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.

   Oil - BNN Bloomberg

   www.bnnbloomberg.ca/oil

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   Will the oil market be as tight as expected this quarter?

   • While oil demand is healthy, according to the International Energy Agency, the market will not be as tight as expected this quarter. Increased crude output from the US and Brazil are offsetting strong consumption from China, the agency said in a report Tuesday.

   Latest Oil Prices, Market News and Analysis for Nov. 14 - Bloomberg

   www.bloomberg.com/news/articles/2023-11-14/latest-oil-market-news-and-analysis-for-nov-14

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

   www.bnnbloomberg.ca › oil

   • Cached

   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.

   • Oil price news: Oil edges higher as wider markets rally ...

     Oil inched higher, aided by gains across markets as China...

5. www.bloomberg.com › news › articlesLatest Oil Market News and Analysis for July 1 - Bloomberg

   www.bloomberg.com › news › articles

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   2 days ago · July 1, 2024 at 12:23 PM PDT. Listen. 2:36. Oil climbed to the highest in more than two months as traders took stock of mounting geopolitical risks in Europe and the Middle East as well as a ...

6. 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.

7. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for Nov. 14 ...

   www.bloomberg.com › news › articles

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   Nov 14, 2023 · Updated on. November 14, 2023 at 11:59 AM PST. Oil narrowly held onto a four-day winning streak as investors weighed a mixed supply-and-demand outlook. West Texas Intermediate settled unchanged...

   • Video Duration: 2 min

8. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for Dec. 18 ...

   www.bloomberg.com › news › articles

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   Dec 17, 2023 · 2:29. Oil rose to the highest in two weeks as more oil companies and tanker owners began to avoid the Red Sea amid increasingly frequent attacks in the region. West Texas Intermediate advanced...

   • Author: Julia Fanzeres

   • Video Duration: 2 min

9. www.bnnbloomberg.ca › oil-price-news-oil-edgesOil price news: Oil edges higher as wider markets rally ...

   www.bnnbloomberg.ca › oil-price-news-oil-edges

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   Jan 24, 2024 · 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.

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

    www.bloomberg.com › news › articles

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    Dec 20, 2023 · Oil narrowly held onto a three-day winning streak as the risk of disruptions in the Red Sea overshadowed an increase in US crude stockpiles.