Oil prices are closing in on $95 per barrel as production cuts from Saudi Arabia and Russia continue to impact global markets, keeping gas prices near summer highs at a time when drivers typically expect to see relief at the pump. 



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Reuters

United Kingdom

Oil prices rise as tight supply outlook offsets demand woes

Brent and WTI have climbed for three consecutive weeks to touch their highest since November and are on track for their biggest quarterly increases since Russia's invasion of Ukraine in the first quarter of 2022.

Media Bias/Fact Check

Times of India

India

Oil prices extend gains towards $95 on tight supply

Oil prices rose on Monday after flirting with $95 a barrel earlier in the session, as expectations of a supply deficit stemming from extended output cuts by Saudi Arabia and Russia as well as weak shale production outweighed concerns about demand.

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Oil prices are closing in on $95 per barrel as production cuts from Saudi Arabia and Russia continue to impact global markets, keeping gas prices near summer highs at a time when drivers typically expect to see relief at the pump.  The price of international benchmark Brent crude rose to $94.34 per barrel as of Monday…

The Hill

Nexstar Media Group

Washington

District of Columbia

United States

Oil closes in on $95 per barrel, keeping gas prices near summer highs

Global supply is tightening and demand is strong, leading the international benchmark to climb for three consecutive weeks.

Business Insider

Oil hovers near $95 a barrel as global crude surges to its highest level in 10 months

A barrel of Brent North Sea oil - leading in Europe - costs more than 94 dollars on Monday morning, and remains at the highest level since November last year. A barrel of US WTI oil also costs more than 91 dollars on Monday.

Een vat olie van de Noordzeesoort Brent - toonaangevend in Europa - kost maandagochtend meer dan 94 dollar, en blijft zo noteren aan het hoogste peil sinds november vorig jaar. Ook een vat Amerikaanse WTI-olie kost maandag meer dan 91 dollar.

Olieprijs nadert de 95 dollar voor een vat

Het Nieuwsblad

Mediahuis

Belgium

Oil price approaches 95 dollars per barrel

China's central bank trimmed the reserve requirement ratio for financial institutions for the second time this year

The National

International Media Investments

Abu Dhabi

United Arab Emirates

Oil prices close in on $95 mark as crude supplies tighten

Oil prices climbed and were hovering near $95 a barrel on Monday.Brent crude, the international benchmark, climbed 0.54% to $94.43. US oil prices also rose.

Business Insider India

The oil-price rally continued in full force on Monday, with Brent crude closing in on $95 per barrel in early afternoon trading, and some crude grades around the world topping $100

Oil Price

Advanced Media Solutions

London

Greater London

England

Oil Closes In On $95 Per Barrel, Hitting $100 In Some Markets

(Bloomberg) -- Stocks, bonds and the dollar saw small moves at the start of a busy week for major central banks, whose rate decisions will set the tone for global markets for the rest of the year. The S&P 500 closed near 4,450. Brent oil pared gains after almost hitting $95 a barrel earlier Monday in a move that added to inflation concerns. Apple Inc. climbed, while Tesla Inc. dropped as Goldman Sachs Group Inc. lowered its earnings estimates fo…

Oil closes in on $95 per barrel, keeping gas prices near summer highs

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