Oil Surges Past $80 Amid Tight Supply | Rigzone

11 hours ago · Oil prices climbed above $80 per barrel, driven by tightening US inventories, sanctions disrupting Russian crude flows, and a revised global surplus forecast.

$80
OFF

Oil Surges Past $80 Amid Tight Supply | Rigzone

2 weeks from now

11 hours ago · Oil prices climbed above $80 per barrel, driven by tightening US inventories, sanctions disrupting Russian crude flows, and a revised global surplus forecast.

rigzone.com

$80
OFF

Oil Rises Above $80 For First Time In A Month - Rigzone

2 weeks from now

Jun 17, 2024 · China’s oil refining — known as crude throughput — is expected to be flat or fall this year for the first time in two decades, excluding a downturn in 2022 due to Covid-19, …

rigzone.com

$80
OFF

Oil Soars Above $80 - Rigzone

2 weeks from now

Sep 28, 2021 · Brent oil roared above $80 a barrel, the latest milestone in a global energy crisis, on signs that demand is running ahead of supply and depleting inventories.

rigzone.com

2%
OFF

Oil Rallies Above $80 Per Barrel Amid Signs Of Supply Tightness

2 weeks from now

Mar 1, 2024 · Oil futures jumped more than 2% on Friday as signs of supply tightness sent prices higher. West Texas Intermediate futures surged above $80 per barrel during intraday trading …

yahoo.com

49%
OFF

Why Oil Has Hit A 3-Month High With Brent Touching $80 - Forbes

2 weeks from now

5 days ago · At 9:30am EST, the Brent front-month crude futures contract was up 4.49% or $3.47 to $80.67 per barrel while the West Texas Intermediate was trading at $77.74, up 4.62% or …

forbes.com

$80
OFF

Oil Prices Surge To $80: WTI And Brent Respond To Sanctions And …

2 weeks from now

1 day ago · Global Oil Prices Surge Amid Mixed Supply and Demand Signals. Global oil prices experienced a notable upswing this week as West Texas Intermediate (WTI) crude climbed to …

tradingnews.com

$80
OFF

Brent Oil Surges Past $80 Amid Middle East Conflict Fears

2 weeks from now

Brent crude surged above $80 per barrel on Monday, marking its highest price since August as heightened tensions in the Middle East spurred fears of supply disruptions. This rally extends …

barchart.com

$80
OFF

Brent Oil Surges Past $80 Amid Middle East Conflict Fears

2 weeks from now

Oct 7, 2024 · Brent crude surged above $80 per barrel on Monday, marking its highest price since August as heightened tensions in the Middle East spurred fears of supply disruptions. This …

nasdaq.com

$80
OFF

Oil Price Daily Digest: Oil Slumps Below $80 Amid Surging US …

2 weeks from now

Oil Price Daily Digest: Oil Slumps Below $80 Amid Surging US Stockpiles. ... While OPEC+ supply curbs are also supporting prices, uncertainty over US monetary policy and softness in …

deal.town

$80
OFF

Brent Oil Surges To $80 As War Risk Keeps Investors On Edge - Mint

2 weeks from now

Oct 7, 2024 · Brent crude soared to $80 a barrel — its highest price since August — as mounting tensions in the Middle East raised speculation that Israel may attack Iran’s oil infrastructure.

livemint.com

$80
OFF

Oil Slumps Below $80 Amid Surging US Stockpiles | Rigzone

2 weeks from now

May 1, 2024 · Oil extended its recent skid as US crude inventories swelled to the highest since June the Federal Reserve signaled fresh concerns about inflation. West Texas Intermediate …

rigzone.com

$80
OFF

Oil Prices Topping $80 Is 'a Distinct Possibility': Economist

2 weeks from now

Oct 4, 2024 · Galimberti says oil surpassing the $80 threshold is "a distinct possibility" amid rising regional tensions. He explains that oil prices are also influenced by the significant spare …

yahoo.com

$80
OFF

Oil Climbs Above $80 On Signs Of Depleting Inventories

2 weeks from now

Sep 28, 2021 · Brent oil climbed above $80 a barrel, the latest milestone in a global energy crisis, on signs that demand is running ahead of supply and depleting inventories. Oil’s latest …

nasdaq.com

6%
OFF

Natural Gas Surge Fuels Oil Price Gains - Rigzone

2 weeks from now

Dec 30, 2024 · Oil Prices: West Texas Intermediate for February delivery rose 0.6% to settle at $70.99 a barrel in New York. Brent for February settlement, which expires Tuesday, lifted …

rigzone.com

$80
OFF

Oil Could Jump Towards $80 In Days | Rigzone

2 weeks from now

Jul 8, 2021 · The lack of a new OPEC+ policy from August could continue to hike prices towards $80 in the coming days and weeks, according to Rystad Energy. ... a tight lid on supply,” …

rigzone.com

FAQs about Oil Surges Past $80 Amid Tight Supply | Rigzone Coupon?

Why did Brent crude hit $80 per barrel?

Brent crude hit $80 per barrel due to rising Middle East tensions and fears of supply disruptions. US President Joe Biden discouraged immediate attacks on Iranian oil fields as tensions grow. West Texas Intermediate (WTI) crude also climbed by more than 3%, reflecting market uncertainty. ...

Will a $80 oil price be influenced by Middle East tensions?

Rystad Energy Chief Economist Claudio Galimberti joins Morning Brief to analyze the potential impact on oil prices. Galimberti says oil surpassing the $80 threshold is "a distinct possibility" amid rising regional tensions. He explains that oil prices are also influenced by the significant spare production capacity in the Middle East. ...

Will oil surpass the $80 threshold?

Galimberti says oil surpassing the $80 threshold is "a distinct possibility" amid rising regional tensions. He explains that oil prices are also influenced by the significant spare production capacity in the Middle East. Following an extended period of production cuts, the region now maintains substantial output levels. ...

How will Iran's oil crisis affect oil production?

The situation could significantly impact Iran’s oil production, which is now almost at full capacity. US benchmark West Texas Intermediate crude also rose by more than 3% to reach approximately $77 per barrel. Brent crude hit $80 per barrel due to rising Middle East tensions and fears of supply disruptions. ...

Why did West Texas Intermediate (WTI) crude rise 3%?

West Texas Intermediate (WTI) crude also climbed by more than 3%, reflecting market uncertainty. Middle East tensions, particularly involving Israel, Iran, and Hamas, are driving up oil prices. Goldman Sachs (GS) predicts Brent could rise to the $90s if Iranian oil supply is disrupted. ...

Could Iran's oil output be vulnerable as tensions escalate?

Iran’s oil output has returned to almost full capacity and could be vulnerable as tensions escalate. Brent posted its biggest weekly gain since January 2023 last week on the heightened tensions in a region that accounts for about a third of global crude supply. ...