Page 28 - Brent Crude

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

Oil drops after strong rally, demand hopes, vaccine roollout limit losses

Crude stocks last week fell for a third straight week, dropping 6.6 million barrels to 469 million barrels, their lowest since March

Brent hits $60 as supply cuts and US stimulus hopes boost prices

Brent was up 68 cents, or 1.2%, at $60.02 a barrel by 1442 GMT, while US West Texas Intermediate rose 68 cents, or 1.2%, to $57.53 a barrel

Brent strikes $60 per barrel as supply cuts, stimulus hopes boost prices

U.S. West Texas Intermediate crude futures for March advanced 60 cents, or 1.1%, to $57.45 a barrel, the highest since January last year

Oil prices reach highest in a year on US growth optimism, supply restraint

Brent crude futures climbed 45 cents, or 0.8%, to $59.28 a barrel, after hitting a high of $59.32, its highest since Feb. 20 last year. Brent is on track to rise 6% this week

Cut exposure in Silver amid short-squeeze-driven volatility: Bhavik Patel

CME has raised margin for silver to push back any more speculative moves

Oil prices rise by 1% as producers commit to slashing fuel output

Brent crude was up 51 cents, or 0.9%, at $56.86 a barrel by 0134 GMT, while U.S. oil gained 53 cents, or 1%, to $54.08 a barrel

Oil rises as US oil stockpiles drop as Covid-19 cases decline in China

U.S. West Texas Intermediate (WTI) crude futures rose 10 cents, or 0.2%, to $52.71 a barrel at 0229 GMT, reversing some of Tuesday's loss

Oil prices edge lower amid doubts over US stimulus, rising Covid cases

Brent crude was down 15 cents at $55.73 by 0135 GMT, having risen nearly 1% on Monday. U.S. crude was also lower, dropping 5 cents to $52.72 oil is caught between lingering doubts over any recovery in

Oil falls on China's Covid-19 cases, fresh restrictions, high crude build

Brent crude futures declined 60 cents, or 1.1 per cent, to US$55.50 a barrel

Oil slips on surprise rise in US crude stocks, fuel fears of demand fall

U.S. West Texas Intermediate (WTI) crude futures fell 27 cents, or 0.5%, to $53.04 a barrel at 0147

Gold and Brent crude rise over 1% after Janet Yellen's 'act big' call

Spot gold gained 1.18 per cent to $1,862.10 per ounce by 8.20 pm IST, having risen 1 per cent to a near one-week high earlier

Oil rise on hopes of US Covid-19 stimulus and crude stocks drawdown

U.S. West Texas Intermediate (WTI) crude futures climbed 37 cents, or 0.7%, to $53.35 a barrel at 0427 GMT, building on a 1.2% rise on Tuesday

Brent crude edges up as optimism over economy trumps demand concerns

Brent crude futures for March rose 17 cents, or 0.3%, to $54.92 a barrel by 0150 GMT after slipping 35 cents in the previous session

Brent hits highest since March, spurred by coronavirus vaccine hopes

AstraZeneca said on Monday its Covid-19 vaccine was 70% effective in pivotal trials and could be up to 90% effective

Volatile oil prices poised for second monthly decline on Covid-19 concerns

US West Texas Intermediate (WTI) crude fell 47 cents to $35.71 after dipping to its lowest since June on Thursday at $34.92

Oil rises as US storm eases, but demand worries linger amid virus surge

US West Texas Intermediate crude futures for October, due to expire on Tuesday, rose 26 cents, or 0.7%, to $39.57 a barrel

Oil falls 5% as economic outlook dims with rising coronavirus cases

Crude oil followed other equities and commodities markets in turning risk-averse on Monday as rising Covid-19 infection rates in Europe and other countries prompted renewed lockdown measures