Oil prices rise as inflation eases, bolstering market hopes for Fed ...
WEB15 hours ago · Crude oil futures rose Thursday as inflation eased, bolstering hopes that the Federal Reserve will cut interest rates later this year. Inflation as measured by the consumer price index dropped 0.1 ...
Why Oil Prices Have Been Rising Recently - The New York Times
WEBApr 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...
Why oil prices are on their strongest run since before Russia
WEBJul 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 upended...
Oil prices rise on deep weekly draw in US crude inventories
WEBJul 3, 2024 · Oil prices gained about 1% on Wednesday after a larger-than-expected decline in U.S. crude stocks, but gains were capped by concerns about rising global inventories in thin trading ahead of the U ...
Oil prices have risen. That's making gas more expensive for US …
WEBSep 25, 2023 · Updated 2:19 AM PDT, September 25, 2023. FRANKFURT, Germany (AP) — Oil prices have risen, meaning drivers are paying more for gasoline and truckers and …
Oil Prices Rise, Bouncing Back from Wednesday’s Losses
WEBMar 28, 2024 · 0850 GMT – Oil prices rise despite a surprise build in U.S. crude inventories last week. Brent crude and WTI are both up 0.6% to $86.58 a barrel and $81.83 a barrel respectively, bouncing back...
Oil Rises as Russia Tensions, Weaker Dollar Provide Support
WEBJun 23, 2024 · Oil climbed, with a softer dollar and rising tensions with Russia providing support.
Oil rises for 6th straight week as global supplies tighten
WEBAug 4 (Reuters) - Oil prices rose more than a dollar a barrel on Friday to record a sixth consecutive week of gains, after top producers Saudi Arabia and Russia extended supply cuts through...
Oil rises to highest in 2023 on tight supply expectations
WEBSep 14, 2023 · Oil prices climbed on Thursday to their highest this year, as expectations of tighter supply outweighed worries about weaker economic growth and rising U.S. crude inventories.
Oil edges up to one-week high on rising demand hopes after …
WEBMay 9, 2024 · NEW YORK (Reuters) -Oil prices edged up to a one-week high on Thursday on data from China and the U.S. signaling demand in the world's two biggest crude-consuming nations could climb. Brent...