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Page 26 - Brent Crude Oil

Brent crude surges in best week since 2016 as US economy shines

Production declines from Saudi Arabia to Libya also buoyed a market that plummeted last year on fears of a supply glut

Brent crude surges in best week since 2016 as US economy shines
Updated On : 05 Jan 2019 | 10:24 AM IST

Brent crude crosses $80 as Opec rejects Trump's call for oil output boost

Oil has climbed since early August as speculation swirls over whether the OPEC and its allies will boost production, with sanctions on the Middle East nation's exports set to take effect in November

Brent crude crosses $80 as Opec rejects Trump's call for oil output boost
Updated On : 25 Sep 2018 | 7:21 AM IST

Crude oil drops on OPEC output, looming Iran sanctions prevent big fall

Output was boosted by a recovery in Libyan production and as Iraq's southern exports hit a record

Crude oil drops on OPEC output, looming Iran sanctions prevent big fall
Updated On : 03 Sep 2018 | 7:12 AM IST

Oil falls after Opec's plan to raise output, but markets to remain tight

Opec and non-Opec partners including Russia have since 2017 cut output by 1.8 million barrels per day (bpd) to tighten the market and prop up prices

Oil falls after Opec's plan to raise output, but markets to remain tight
Updated On : 25 Jun 2018 | 11:24 AM IST

Oil rises to $80 a barrel in London for first time since 2014

Futures for September delivery on the Shanghai International Energy Exchange gained 1.9 percent to 481.9 yuan a barrel, rising for a third day

Oil rises to $80 a barrel in London for first time since 2014
Updated On : 17 May 2018 | 3:54 PM IST

Opec cuts, global demand propel oil to three-year high of $70

Brent hit $70.37 a barrel on Monday, its strongest since December, 2014, which marked the beginning of three years in the doldrums for oil prices

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Updated On : 16 Jan 2018 | 12:33 PM IST

Oil near three-year high of $69.8/bbl on output cuts by OPEC, Russia

US West Texas Intermediate (WTI) crude futures were at $64.35 a barrel, up 5 cents from their last settlement

Oil near three-year high of $69.8/bbl on output cuts by OPEC, Russia
Updated On : 15 Jan 2018 | 1:40 PM IST

Brent crude hits $70 on Russia, Opec cuts, ignores North American rig gains

ANZ bank said on Monday oil prices had recently risen on data that continued to show the market is tightening

Brent crude hits $70 on Russia, Opec cuts, ignores North American rig gains
Updated On : 15 Jan 2018 | 12:21 PM IST

Oil's bull run wavers as investors wait to see what 2018 holds

Oil futures in New York have jumped almost 40 per cent since June as Opec and its allies extended their production-cut deal and US inventories shrank to two-year lows

Oil's bull run wavers as investors wait to see what 2018 holds
Updated On : 27 Dec 2017 | 1:03 AM IST

Brent crude oil prices near 2015 high after North Sea pipeline shutdown

Brent hit a peak of $64.93 a barrel in the previous session, its highest level since June, 2015

Brent crude oil prices near 2015 high after North Sea pipeline shutdown
Updated On : 13 Dec 2017 | 3:26 AM IST