Oil price news: Oil near 2-month high as equities soar and U.S. stockpiles draw

Canada News News

Oil price news: Oil near 2-month high as equities soar and U.S. stockpiles draw
Canada Latest News,Canada Headlines
  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Oil traded near a two-month high with global equity markets at a record and shrinking U.S. inventories boosting optimism of a summer rally.

UK’s Election Is a Rare Win Against Anti-Climate CampaignsTreasuries Gain as Mixed US Data Leave Fed Rate-Cut Bets IntactEU Markets Watchdog Signals a Hard Line on New ESG DisclosuresLe Pen Rejects Polls Showing Far Right Short of French MajorityRecord-Breaking Heat to Test Electric Grids in US WestTreasuries Advance Ahead of US Jobs Data Key to Fed OutlookHow Starmer Defied Expectations to Lift Labour Back to PowerFed’s Williams Says Inflation Work ‘Significant,’ Job Not DoneIran Presidential...

3 Billion Corniche LoanDBS Fined by Hong Kong for Violating Anti-Money Laundering RulesBeryl Makes Landfall on Mexico’s Yucatan With Hurricane WindTesla Cars Make It Onto a Chinese Province’s Procurement ListRecord-Breaking Heat to Test Electric Grids in US West100 Days of Steady Electricity Marks a Milestone in South AfricaAsian Equities to Tread Water Before US Jobs Data: Markets WrapIsrael Weighs Gaza Peace Offer as Hezbollah Fires Rocket BarrageGold Pushes Higher as Investors Expect Fed...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BNNBloomberg /  🏆 83. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oil price news: Oil hits 2-month high as Mideast tensions rattle marketOil price news: Oil hits 2-month high as Mideast tensions rattle marketOil touched the highest level in almost two months, with the market gripped by turmoil in the Middle East and political uncertainty in some of the world’s biggest economies.
Read more »

Oil price news: Oil drops from 2-month high with focus on stockpiles, BerylOil price news: Oil drops from 2-month high with focus on stockpiles, BerylOil slipped from a two-month high as traders assessed lower U.S. crude inventory data and the severity of Hurricane Beryl.
Read more »

Oil price news: Oil trades near 2-month high on signs of U.S. inventory drawdownOil price news: Oil trades near 2-month high on signs of U.S. inventory drawdownOil steadied near a two-month high on signs of a big drawdown in U.S. crude stockpiles.
Read more »

Oil price news: Oil slips after hitting two-month high as technicals stall rallyOil price news: Oil slips after hitting two-month high as technicals stall rallyOil edged lower, backing off a two-month high, as technical indicators restrained a rally driven by tensions in the Middle East and the Atlantic hurricane season.
Read more »

Oil price news: Oil trades near 2-month high on Mideast, hurricane concernsOil price news: Oil trades near 2-month high on Mideast, hurricane concernsOil traded near a two-month high after breaking out of its recent trading range on an escalation in tensions in the Middle East and concerns over the rapid start to the Atlantic hurricane season.
Read more »

Oil price news: Oil stuck in narrow range ahead of key U.S. economic figuresOil price news: Oil stuck in narrow range ahead of key U.S. economic figuresOil nudged higher ahead of U.S. economic data, as the market seeks a catalyst to break out of the tightest trading range in over three years.
Read more »



Render Time: 2025-02-13 10:26:17