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At Close: Jun 04, 2026

Oil futures extend push above $90 a barrel

07:43am, Friday, 15'th Sep 2023
Oil futures rose Friday, extending a push above the $90-a-barrel threshold, on continued worries over tight supplies.
Robust Chinese economic data boosts crude oil news, driving prices upward for the third consecutive week, highlighting surging demand.
Oil prices rose to their highest level in 10 months on Friday, after China cut banks' cash reserve requirements to boost its economic recovery, and on expectations that major global interest rate hike
Oil is extending its gains after West Texas Intermediate settled above $90 a barrel in New York for the first time since November. It's the latest milestone in a surge driven by output cuts from Saud

Oil tops $90 as inflation kicks up

06:40pm, Thursday, 14'th Sep 2023
The price of oil hit $90 per barrel as crude supply tighten amid oil production cuts from Saudi Arabia and Russia creating a new headline in the fight to bring down inflation.
After long speculation by energy analysts, Brent crude oil (BZ=F) and WTI crude oil (CL=F) have officially exceeded $90 per barrel. This marks the highest point for oil prices since November 2022.

U.S. oil futures settle above $90 a barrel

02:39pm, Thursday, 14'th Sep 2023
Oil prices climbed Thursday, with U.S. benchmark crude ending above $90 a barrel for the first time this year. “Oil is so bullish that even a strong dollar can't derail the rally,” said Edward Moy
Bulls enjoy the strong rally in the oil markets.
US crude oil prices jumped above the $90 a barrel level for the first time in 10 months. Crude oil prices are up 12% year-to-date and are up 40% from their March low of $64 a barrel.
OPEC on Thursday sharply criticized the IEA's forecast that demand for fossil fuels like coal, oil and gas will peak before the end of the decade.
Gas prices are nearing a record high for this time of year, and they are likely to rise a few cents in the coming week due to rising wholesale prices. But some relief may be coming.
Oil prices rebound as Brent and WTI firm on supply constraints and demand forecasts, despite an unexpected U.S. crude inventory rise.
Oil prices edged higher on Thursday, after dipping slightly in the previous session, as markets refocused on expectations of tight crude supply for the rest of 2023.
Oil prices settled lower on Wednesday, shaking off earlier gains fueled by a forecast from the International Energy Agency for potential global supply deficit in the fourth quarter. The latest U.S. in
Francisco Blanch, global head of commodity & derivatives strategy at BofA Securities, joins 'The Exchange' to discuss supply levels fueling the price runup in oil markets, consistent growth in oil inv
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