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Oil Ticks Higher Amid Technical Support, Drop in Stockpiles
Yahoo Finance · 28 minutes ago
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- 79.38Add to watchlist+0.39 (+0.49%)As of Thu. May 9, 2024 11:12 AM EDT · Delayed Quote (USD) · Market open
- Open79.23High79.80Low78.92
- Mkt CapN/AP/E (TTM)N/ADiv & YieldN/A & N/A
- Prev. Close78.9952 Wk. Low66.8052 Wk. High95.03
Top stories Apr 25, 2024 · 2:13. Oil rose this week amid signs of a tightening physical market while traders continue to assess lingering Middle East risks. West Texas Intermediate edged higher to settle just below $84 a ...
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...
Apr 8, 2015 · The Situation. After four years when the highest average oil prices in history seemed to defy economic gravity, petroleum began to plummet in mid-2014. Prices dropped as much as 75 percent...
Jun 7, 2022 · June 8, 2022 at 12:34 PM PDT. Listen. 3:03. This article is for subscribers only. Oil maintained its gains after US government data showed crude inventories in the largest storage hub and gasoline ...
Feb 8, 2022 · In the morning, prices had risen as much as 1.4% after a government report showed U.S. crude inventories fell to the lowest level since 2018 amid record demand.
Aug 7, 2022 · With oil prices just above a six-month low, investors are in line for a deluge of market commentary this week. The US Energy Information Administration is set to issue its short-term outlook ...
Jan 24, 2024 · 3:12. Assessing uncertainty in the oil industry. Oil inched higher, aided by gains across markets as China sought to stimulate its economy, and ahead of U.S. inventory data due later. Global benchmark Brent edged toward US$80 a barrel though it remains steadfastly rangebound.
