// news / stories / cnbc / en / active / 8c77608d1915ba21243107b01ce953bb : @all content_copy

created: 2024/03/04, 02:20.21
modified: 2024/03/04, 08:19.39

description

Oil booked a second consecutive monthly gain as front-month futures contracts trade at a premium to later months, typically a sign of a tightening market. 

image

{
  height = 3733
  url = "https://image.cnbcfm.com/api/v1/image/107380477-1709226009120-gettyimages-1379447446-900_08_us_ca_82_585.jpeg?v=1709226270"
  width = 5600
}

link

https://www.cnbc.com/2024/03/01/crude-oil-today-wti-brent-jump-as-market-tightens.html

published_on

1709300972.000000

publisher

CNBC

title

U.S. crude touches $80 for first time since November before OPEC+ decision