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Apr 8, 2015 · May 1, 2017 at 11:32 AM PDT. Oil is so much more than a fuel. It’s a force even bigger than its trillion-dollar market. It’s a weapon, a strategic asset, a curse. It’s a maker and spoiler of ...
Oil tops US$87 but rally will run into 'wall of supply' soon, CIBC energy trader says. 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.
May 5, 2024 · May 6, 2024 at 12:12 PM PDT. Listen. 2:19. Oil edged higher as technical levels supported prices, even after Hamas said it agreed to a cease-fire proposal by Qatar and Egypt. West Texas ...
Jun 1, 2023 · June 2, 2023 at 12:56 PM PDT. Listen. 2:22. Oil climbed alongside risk assets, with attention focusing on this weekend’s OPEC+ meeting in Vienna. OPEC and its allies are expected to weigh ...
Apr 30, 2024 · Listen. 1:09. Oil extended a decline on the prospect a cease-fire in the Middle East will ease tensions and as signs of elevated inflation weigh on the outlook for US demand ahead of a Federal ...
Apr 25, 2024 · Updated on. April 26, 2024 at 3:06 PM EDT. Save. Oil rose this week amid signs of a tightening physical market while traders continue to assess lingering Middle East risks. West Texas Intermediate ...
Nov 9, 2023 · November 8, 2023 at 4:16 PM PST. Updated on. November 9, 2023 at 12:41 PM PST. Listen. 3:17. Oil inched up as technical gauges signaled that crude’s plunge to a three-month low on Wednesday was ...
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