Page 24 - Brent Crude

Oil prices fall on rising Covid-19 infections in Asia, inflation fears

Oil prices fell for a second day on Wednesday on renewed demand concerns as coronavirus cases in Asia rise and on fears of rising inflation might lead the U.S. Federal Reserve to raise interest rates

Gold scales a near four-month high; Brent crude tops $70 a barrel

Gold in Delhi rose by Rs 333 to Rs 47,833 per 10 gram in line with a rally in the global precious metal, according to HDFC Securities

Oil extends gains as US, European reopenings outweigh fear of Asia demand

Brent crude oil futures were up 20 cents, or 0.3 per cent, at $69.66 a barrel by 0231 GMT, while West Texas Intermediate (WTI) was up 19 cents, or 0.3 per cent, at $66.46 a barrel

Oil edges lower as Covid-19 restrictions in Asia fuel demand concerns

Brent crude oil futures were down 8 cents, or 0.1%, at $68.63 a barrel as of 0036 GMT, and West Texas Intermediate (WTI) crude was down 7 cents, or 0.1%, at $65.30

Oil prices drop 3% on India's Covid-19 crisis; US pipeline restart

Oil prices fell about 3 per cent on Thursday as India's coronavirus crisis deepened and a key US fuel pipeline resumed operations, halting a rally that had lifted crude to an eight-week high

Global oil prices edge up as investors eye fuel demand recovery

Oil prices edged up in early Asian trade after a 1% dip in the previous session, as global economic recovery and easing travel curbs in the United States and Europe buoyed the fuel demand outlook

Oil prices fall as U.S. gasoline stocks rise for fifth consecutive week

Oil prices fell on Thursday as gasoline inventories in the US, the world's largest oil consumer, rose for a fifth consecutive week although a draw in crude stockpiles helped to underpin prices

Oil climbs nearly 2% after eased lockdowns, travel seen rising,

Oil prices rose nearly 2% on Tuesday after more U.S. states eased lockdowns and the European Union sought to attract travellers, though soaring Covid-19 cases in India capped gains

Oil prices slip as second wave of Covid takes toll on India's fuel sales

Oil prices fell on Monday as a catastrophic second wave of a coronavirus epidemic in India cut short a recovery in oil demand there, offsetting optimism about a strong rebound in demand

Market Ahead Podcast, April 13: Top factors that could guide markets today

Sebi imposed a penalty of Rs 25 crore on Yes Bank in the matter of misselling the lender's AT-1 bonds few years ago

Oil falls as Suez Canal ship partially refloated, market weighs demand

Crude has been hit by rising volatility in recent sessions, with WTI swinging between gains and losses last week

Brent crude hits $70 as China energy demand outlook brightens

China's industrial output growth quickened in January-February

Brent crude heads toward $70 as China energy demand outlook brightens

China's industrial output growth quickened in January-February, beating expectations, while its daily refinery throughput data rose 15% from the same period a year ago, data showed

Oil surges after OPEC+ decide not to increase supply, strong US jobs growth

Brent futures rose $2.62, or 3.9%, to settle at $69.36 a barrel. The session high for the global benchmark was its highest since January 2020

OPEC oil has advantage over US shale during Covid pandemic recovery

Organization of the Petroleum Exporting Countries and allies, known as OPEC+, has more than 7 million barrels of daily oil output sitting in reserve

Oil prices climb after progress on huge US stimulus bill, economic optimism

U.S. West Texas Intermediate (WTI) crude CLc1 futures jumped $1.10, or 1.8%, to $62.60 a barrel

India urges OPEC to stop crude price spike in scratch-my-back diplomacy

IEA projection of rising demand for oil adds to New Delhi's worry

Brent gives up gains after rising above $65 on Texas freeze

Prices also gained support from a larger-than-anticipated draw in the US crude oil inventories

Oil jumps $1/bbl as Texas freeze shut production, prompts US output drop

Oil has been supported by OPEC+ supply curbs, Saudi Arabia's additional cuts and hopes of a demand rebound due to COVID-19 vaccinations

Oil prices rise on fears of heightened tensions between Saudi Arabia, Yemen

Hopes for more U.S. stimulus and an easing of coronavirus lockdowns helped support the rally, after prices gained around 5% last week