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1. www.bloomberg.com › news › articlesLatest Oil Market News and Analysis for July 3 - Bloomberg

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   4 days ago · July 3, 2024 at 12:11 PM PDT. Listen. 1:47. Oil closed at the highest in more than two months after a government report showed US crude inventories shrinking by the most in almost a year. West ...

2. www.bloomberg.com › energyEnergy - Bloomberg

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   ECX Emissions (ICE) Get updated data about energy and oil prices. Find natural gas, emissions, and crude oil price changes.

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

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   6 days ago · Hurricane Beryl expected to cause chaos in the Caribbean. Oil climbed to the highest in more than two months as traders took stock of mounting geopolitical risks in Europe and the Middle East...

4. www.bloomberg.com › quicktake › oil-pricesOil Prices - Bloomberg

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   Apr 8, 2015 · An Oxford Energy report on the history of oil pricing. U.S. Energy Department data. The International Energy Agency’s monthly oil market report. Joint database of global energy ministers....

   • Video Duration: 6 min

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

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   Jun 13, 2024 · Latest Oil Prices, Market News and Analysis for June 14 - Bloomberg. Markets. Oil Posts Weekly Rebound From OPEC+ Dip as Fuels Show Strength. WTI settles above $78 a barrel to notch 3.9% weekly...

   • Author: Julia Fanzeres

6. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for Monday Jan ...

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   Jan 21, 2024 · Libya’s Sharara field is restarting; Houthis menace Red Sea. A key oil-market gauge is signaling a stronger underlying physical market as Ukrainian drone strikes threaten Russian oil exports.

7. People also ask

   How did OPEC+ affect oil prices?

   • Oil posted the largest weekly gain since April after OPEC+ clarified its plan to return some output to the market and fuel markets showed signs of strength. West Texas Intermediate settled above $78 a barrel, posting a 3.9% weekly advance.

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

   www.bloomberg.com/news/articles/2024-06-13/latest-oil-market-news-and-analysis-for-june-14

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   What is the international benchmark for crude oil?

   • Today the international benchmark is Brent crude from the North Sea. The U.S. benchmark, West Texas Intermediate crude, which for years traded at a discount to Brent, has been close to parity in 2016. The U.S. repealed its 40-year-old ban on exporting crude in December 2015.

   Oil Prices - Bloomberg

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   Why did oil prices drop so much?

   • Prices dropped as much as 75 percent over the next 18 months, throwing oil producers into turmoil and roiling global markets. Supply had expanded as the sustained higher prices made techniques such as deep–water drilling and fracking pay off. Then China’s economy slowed and its imports sagged.

   Oil Prices - Bloomberg

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   Why did oil prices spike again in 1979?

   • Prices spiked again in 1979 because of the Iranian revolution. In the 1980s, OPEC infighting, the emergence of new suppliers and the development of futures exchanges gave rise to new market-based prices. Today the international benchmark is Brent crude from the North Sea.

   Oil Prices - Bloomberg

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8. www.bloomberg.com › news › articlesLatest Oil Prices, Market News and Analysis for April 26 ...

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   Apr 25, 2024 · Latest Oil Prices, Market News and Analysis for April 26 - Bloomberg. Markets. Oil Posts Weekly Advance Amid Signs of a Tightening Market. Key timespreads suggest more limited...