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Page 19 - Brent Crude

Oil prices rise to three-year high on back of supply deficit forecasts

Brent crude futures settled up 86 cents, or 1%, at $84.86 a barrel

Oil prices rise to three-year high on back of supply deficit forecasts
Updated On : 16 Oct 2021 | 2:05 AM IST

Brent rises to $85 as energy crisis stokes demand before winter

Brent is set for a sixth straight weekly gain in the wake of robust demand and limited supply

Brent rises to $85 as energy crisis stokes demand before winter
Updated On : 16 Oct 2021 | 1:39 AM IST

Energy crisis threatens global economic recovery, says IEA

Oil and natural gas prices have soared to multi-year highs recently, sending power prices surging to record levels as widespread energy shortages engulf Asia and Europe

Energy crisis threatens global economic recovery, says IEA
Updated On : 15 Oct 2021 | 11:06 AM IST

Oil rises on expectation high natural gas to drive switch for heating

Brent crude futures gained 28 cents, or 0.3%, to $83.46 a barrel at 0107 GMT after falling 0.3% on Wednesday.

Oil rises on expectation high natural gas to drive switch for heating
Updated On : 14 Oct 2021 | 8:00 AM IST

Oil eases on profit taking, demand jitters; stays near highest in years

Prices came under pressure early when China, the world's biggest crude importer, released data showing September imports fell 15% from a year earlier

Oil eases on profit taking, demand jitters; stays near highest in years
Updated On : 14 Oct 2021 | 2:28 AM IST

Oil prices fall on fears faltering economic growth to hit demand

Brent crude futures were down 76 cents, or 0.9%, at $82.66 a barrel at 1406 GMT. US West Texas Intermediate (WTI) crude futures fell 80 cents or 0.9% to $79.84 a barrel.

Oil prices fall on fears faltering economic growth to hit demand
Updated On : 13 Oct 2021 | 8:18 PM IST

Oil holds near $84 a barrel on global energy shortage fears

The price of Brent has surged by more than 60 per cent this year

Oil holds near $84 a barrel on global energy shortage fears
Updated On : 13 Oct 2021 | 12:38 AM IST

Oil whipsaws in volatile session as energy crunch stokes recovery concerns

Energy crunch stokes inflation, economic recovery concerns

Oil whipsaws in volatile session as energy crunch stokes recovery concerns
Updated On : 12 Oct 2021 | 9:15 PM IST

Oil prices settle up 1.5%; hits multi-year highs on surging demand

Oil prices jumped on Monday to the highest levels in years, fuelled by rebounding global demand that has contributed to power and gas shortages in key economies like China

Oil prices settle up 1.5%; hits multi-year highs on surging demand
Updated On : 12 Oct 2021 | 2:53 AM IST

Crude oil jumps to multi-year highs on global energy crunch

Brent crude was up $1.45, or 1.8%, at $83.84 a barrel by 1336 GMT, its highest since October 2018

Crude oil jumps to multi-year highs on global energy crunch
Updated On : 11 Oct 2021 | 7:49 PM IST

Oil rises 4% in week as energy crunch shows no signs of easing

Oil rose on Friday, gaining about 4% on the week as a global energy crunch boosted US prices to their highest in almost seven years as big power users struggle to meet demand

Oil rises 4% in week as energy crunch shows no signs of easing
Updated On : 09 Oct 2021 | 2:54 AM IST

Oil prices ease as US mulls strategic reserve sales

Oil prices extended losses from the previous session on Thursday, as the United States said it was considering selling oil from its strategic reserves

Oil prices ease as US mulls strategic reserve sales
Updated On : 07 Oct 2021 | 7:24 PM IST

Oil touches 7-year high after Opec+ sticks to plan for gradual output hike

Oil prices jumped Monday after OPEC and allied oil producing countries stayed with their gradual approach to restoring output slashed during the pandemic, agreeing to add only 400,000 barrels per day

Oil touches 7-year high after Opec+ sticks to plan for gradual output hike
Updated On : 05 Oct 2021 | 1:56 AM IST

Earnings of cement, FMCG, aviation cos at risk as oil, coal prices rise

In a recent report, analysts at Goldman Sachs suggested they see Brent crude oil prices at $90 per barrel by December 2021 on the back of a larger-than-expected demand-supply deficit

Earnings of cement, FMCG, aviation cos at risk as oil, coal prices rise
Updated On : 01 Oct 2021 | 1:24 AM IST

Oil on the boil: Prices, demand-supply dynamics, and the way ahead

Global oil prices are hitting all-time highs. Let's look at why oil prices are surging globally and understand the dynamics of demand & supply in an interview with S&P Global Platts' Dr Kang Wu

Oil on the boil: Prices, demand-supply dynamics, and the way ahead
Updated On : 30 Sep 2021 | 9:54 AM IST

Oil prices fall to $74 on risk-averse mood, US Gulf output

A stronger dollar makes US dollar-priced oil more expensive for holders of other currencies and generally reflects higher risk aversion, which tends to weigh on oil prices

Oil prices fall to $74 on risk-averse mood, US Gulf output
Updated On : 20 Sep 2021 | 7:20 PM IST

Oil prices fall as storm-hit US supply trickles back into market

Oil prices fell on Friday as energy companies in the US Gulf of Mexico restarted production after back-to-back hurricanes in the region shut output

Oil prices fall as storm-hit US supply trickles back into market
Updated On : 18 Sep 2021 | 2:13 AM IST

Vaccines set to unleash pent-up oil demand; expect big jump in Oct: IEA

Brent crude rallies above $74 as Storm Nicholas hits US Gulf Coast

Vaccines set to unleash pent-up oil demand; expect big jump in Oct: IEA
Updated On : 14 Sep 2021 | 11:27 PM IST

Oil prices scale six-week high as Hurricane Nicholas hits US Gulf

Oil prices hit a six-week high on Tuesday as Hurricane Nicholas weakened into a tropical storm, bringing the threat of widespread floods and power outages

Oil prices scale six-week high as Hurricane Nicholas hits US Gulf
Updated On : 14 Sep 2021 | 7:43 PM IST

In a first, China taps strategic reserves to cool down oil prices

The announcement comes amid surging energy costs in China, not just for oil but also for coal and natural gas, and electricity shortages that have forced some factories to cut production

In a first, China taps strategic reserves to cool down oil prices
Updated On : 10 Sep 2021 | 2:07 AM IST