Mia Gindis
Oil Futures Reporter at Bloomberg News
Oil futures reporter @business | Currently📍NYC | Opinions mine
Articles
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3 days ago |
rigzone.com | Alex Longley |Mia Gindis
Oil rose for a second day as supply disruptions from Canada’s wildfires countered OPEC’s latest bumper supply increase. West Texas Intermediate advanced 1.4% to close above $63 a barrel, the highest in three weeks. The blazes in Canada’s energy heartland of Alberta have shut down almost 350,000 barrels a day of heavy crude production, more than three quarters the amount of oil OPEC and its allies agreed over the weekend to add back to the market. Strong US hiring data also supported prices.
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3 days ago |
bloomberg.com | Mia Gindis |Alex Longley
A wildfire labeled HWF040 is burning east of La Crete Ferry in Alberta, Canada. (Bloomberg) -- Key gauges of US oil market strength are soaring as wildfires in Canada risk flows to critical American storage hubs, limiting the impact of OPEC+ supply increases.
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4 days ago |
bloomberg.com | Alex Longley |Mia Gindis
A pumpjack in Martin County, Texas, US, on Saturday, March 15, 2025. The Permian Basin, a sprawling shale patch that lies beneath Texas and New Mexico, is North America's most prolific shale patch. Photographer: Justin Hamel/Bloomberg(Bloomberg) -- Oil rose for a second day as supply disruptions from Canada’s wildfires countered OPEC’s latest bumper supply increase. West Texas Intermediate advanced 1.4% to close above $63 a barrel, the highest in three weeks.
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4 days ago |
rigzone.com | Alex Longley |Mia Gindis
Oil climbed after OPEC+ increased production less than some had feared and geopolitical concerns flared in Ukraine and Iran. West Texas Intermediate gained 2.8% to settle near $63 a barrel after the Organization of the Petroleum Exporting Countries and its allies agreed on Saturday to add 411,000 barrels a day of supply in July though some members objected, including Russia.
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5 days ago |
bloomberg.com | Alex Longley |Mia Gindis
(Bloomberg) -- Oil climbed after OPEC+ increased production less than some had feared and geopolitical concerns flared in Ukraine and Iran. West Texas Intermediate gained 2.8% to settle near $63 a barrel after the Organization of the Petroleum Exporting Countries and its allies agreed on Saturday to add 411,000 barrels a day of supply in July though some members objected, including Russia.
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