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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 ...
Aug 31, 2023 · WTI is up 7.2% this week for biggest gain since March. 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...
Apr 25, 2024 · West Texas Intermediate edged higher to settle just below $84 a barrel, concluding a weekly advance of 2% for the June contract. A report earlier this week showed US crude stockpiles dropping to...
Nov 14, 2023 · 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...
Apr 4, 2024 · Brent crude climbed above US$90 a barrel for the first time since October as the conflict in the Middle East showed signs of escalating. The global benchmark spiked as much as 2.2 per cent after Israeli Prime Minister Benjamin Netanyahu said at a security cabinet meeting that his country will operate against Iran and its proxies and will hurt ...
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