Page 18 - Brent Crude

Oil starts 2022 with rally towards $79 as Omicron impact concerns ease

Brent crude rose 95 cents, or 1.2per cent, to US$78.73 a barrel as of 0923 GMT. U.S. West Texas Intermediate (WTI) crude added US$1.03 or 1.4per cent, to US$76.24

Oil heads for biggest annual gains since 2009; Brent to post 50% gains

Global oil prices are expected to rise further next year as jet fuel demand catches up

As global economy recovers, oil heads for biggest annual gains since 2009

Brent crude futures fell 3 cents to $79.50 a barrel at 0718 GMT, while U.S. West Texas Intermediate (WTI) crude futures dropped 10 cents, or 0.1%, to $76.89 a barrel.

Oil prices slip as China cuts first batch of import quotas for 2022

Brent crude futures fell 41 cents, or 0.5%, to $78.82 a barrel at 0755 GMT, down for the first time in four days.

Oil trades at one-month high, Brent near $80 as market shrugs off Omicron

Brent crude rose by US$1.04, or 1.3per cent, to US$79.64 a barrel by 1119 GMT. US West Texas Intermediate (WTI) crude rose US$1.15, or 1.5per cent, to US$76.72.

Oil up on OPEC+ plan to meet ahead of schedule if Omicron dents demand

U.S. West Texas Intermediate (WTI) crude futures rose 27 cents, or 0.4%, to $66.77 a barrel at 0122 GMT, adding to a 1.4% gain on Thursday.

Oil rises on views OPEC+ may pause supply addition amid Omicron fears

U.S. West Texas Intermediate (WTI) crude futures gained 48 cents, or 0.7%, to $66.05 a barrel by 0140 GMT, after a 0.9% drop on Wednesday.

Oil slumps, hitting six-week lows on revived supply concerns

The declines took Brent to its lowest close since October 1 and US crude to its lowest settlement since October 7

Crude oil prices slide amid fears of supply boost, weakening demand

Brent crude futures fell 58 cents, or 0.7%, to $81.59 a barrel, as of 0151 GMT. U.S. West Texas Intermediate (WTI) crude lost 58 cents, or 0.7%, to $80.21 a barrel

Oil gains as supply concerns re-emerge after OPEC+ output plan

Sentiment also gained from data showing US employment rising more than expected in October

Top headlines: Pfizer's pill cuts risk of severe Covid; Delhi AQI worsens

Business Standard brings you the top headlines on Friday

Oil rises after OPEC+ rebuffs US call to boost output; Brent crude past $80

OPEC+ group of major producers agreed to stick to their plan to raise oil output by 400,000 barrels per day from December ignoring calls from US President Joe Biden for extra output to cool prices

Oil prices drop more than 1% as US crude stockpiles rise sharply

Brent oil futures ended down $1.82, or 2.1%, to $84.58 a barrel, after closing at a seven-year high on Tuesday

Oil benchmarks settle at highest since 2014 on global supply shortage

Analysts expect the latest weekly US oil inventory data to show a 1.9 million-barrel build in crude stocks

Oil prices extend gains to multi-year highs on tight supply, fuel demand

Brent crude futures rose by 81 cents, or 1%, to $86.34 a barrel, following on from last Friday's 1.1% gain

UBS increases its Brent forecast to $90 a barrel in December-March

Investors with a high risk tolerance can still add exposure to longer-dated Brent oil contracts

Markets on longest winning streak in 10 months, rise seventh day on trot

Gain for 7th day; shrug off worries about rising yields, oil prices

Buoyed by power crunch, Brent crude oil crosses $86-mark

Brent crude oil futures were up 13 cents, or 0.15 per cent, to $84.73 a barrel at 9.00 pm ist, after hitting $86.04, their highest level since October 2018

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

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