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$119.25
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At Close: Jun 04, 2026
Ed Morse, global head of commodities research at Citigroup, explains his bearish call for Brent crude in 2024 on "Bloomberg Markets: The Close." --------
Crude oil markets initially tried to rally during the trading session on Monday but gave back the gains to show signs of hesitation yet again.
Oil futures rose Monday, kicking off October on a positive note as traders focused on expectations for a further tightening of supply.
Halliburton Co. Chief Executive Officer Jeff Miller discusses the outlook for energy markets. He speaks with Yousef Gamal El-Din on Bloomberg Television.
Amid global supply constraints and U.S. policy shifts, Brent and WTI futures rise; a slowing Chinese economy prompts cautious short-term oil outlook.

Oil Market Outlook for Fourth Quarter

11:27pm, Sunday, 01'st Oct 2023
Oil opened the new quarter on the front foot, edging higher on widespread bets that global demand is running ahead of supply. Andrew Janes reports on Bloomberg Television.
Oil prices climbed on Monday, reversing some of Friday's losses, as investors focused on a tight global supply outlook and a last-minute deal that avoided a U.S. government shutdown restored their ris
Major oil and gas company chiefs held discussions with heavy industry bosses on Sunday in the United Arab Emirates in an effort to agree a firm commitment to reduce carbon emissions ahead of a United
Facing a complex interplay of supply and demand, OPEC's next moves could decide whether WTI prices break the $100 barrier.
Oil futures declined on Friday, but U.S. prices notched a gain of nearly 9% for the month. “Oil was solidly on its path to $100, but the trio of inflation, rates and the Fed have come back from the
Oil prices are moving lower as rate hike worries put pressure on commodity markets.
OPEC+ is unlikely to tweak its current oil output policy when a panel meets next Wednesday, four OPEC+ sources told Reuters, as tighter supplies and rising demand drive an oil price rally.
Crude oil markets have rallied into the weekend, as one would expect. This is a market that's very much in a bullish trend, and I do think that it continues to be the case going forward.
U.S. crude prices rose 30% in the third quarter, but higher prices are denting demand and expected to result in lower prices.
Paul Gambles, co-founder and managing partner at MBMG Family Office Group, discusses the prospect of stagflation as oil prices rally and the investment outlook through the end of the year.
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