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  1. Apr 21, 2020 · WTI prices swung wildly as oil traders began to panic as time runs out to get rid of oil contracts for May. The price of oil is determined by investments known as futures contracts,...

  2. Apr 21, 2020 · It means oil producers can lock in a price for their product in advance. So why is it so low? The price which has hit all the headlines this morning is for May West Texas Intermediate...

  3. Jul 28, 2023 · Global oil prices have gained more than 16% since late June and are heading for their fifth-straight week of gains, the longest rally since before Russia’s full-scale invasion of Ukraine...

  4. Jul 7, 2021 · One huge reason for the supply-demand mismatch is that OPEC+ has taken a very gradual approach to putting barrels back on the market. That's intended to keep prices high, increasing revenues for...

    • Camila Domonoske
  5. Dec 30, 2022 · NEW YORK, Dec 30 (Reuters) - Oil prices swung wildly in 2022, climbing on tight supplies amid the war in Ukraine, then sliding on weaker demand from top importer China and worries of an...

  6. Apr 9, 2024 · Oil prices have climbed in recent weeks, spurred by concerns over supplies and geopolitical risks, including wars in Ukraine and the Middle East. Analysts say the momentum could carry prices...

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  8. Jun 3, 2022 · Oil prices have roared back to about where they were in the early days of the Ukraine war, and there’s no prospect of significant relief for drivers and businesses any time soon.