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Page 32 - Brent Crude

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

Oil prices slip as second wave of Covid takes toll on India's fuel sales
Updated On : 03 May 2021 | 9:58 AM IST

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

Market Ahead Podcast, April 13: Top factors that could guide markets today
Updated On : 13 Apr 2021 | 8:16 AM IST

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

Oil falls as Suez Canal ship partially refloated, market weighs demand
Updated On : 29 Mar 2021 | 11:38 AM IST

Brent crude hits $70 as China energy demand outlook brightens

China's industrial output growth quickened in January-February

Brent crude hits $70 as China energy demand outlook brightens
Updated On : 15 Mar 2021 | 11:01 PM IST

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

Brent crude heads toward $70 as China energy demand outlook brightens
Updated On : 15 Mar 2021 | 11:12 AM IST

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

Oil surges after OPEC+ decide not to increase supply, strong US jobs growth
Updated On : 06 Mar 2021 | 8:48 AM IST

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

OPEC oil has advantage over US shale during Covid pandemic recovery
Updated On : 03 Mar 2021 | 12:15 PM IST

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

Oil prices climb after progress on huge US stimulus bill, economic optimism
Updated On : 01 Mar 2021 | 7:25 AM IST

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

India urges OPEC to stop crude price spike in scratch-my-back diplomacy
Updated On : 24 Feb 2021 | 5:11 PM IST

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

Brent gives up gains after rising above $65 on Texas freeze
Updated On : 18 Feb 2021 | 5:58 PM IST

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 jumps $1/bbl as Texas freeze shut production, prompts US output drop
Updated On : 18 Feb 2021 | 6:37 AM IST

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 prices rise on fears of heightened tensions between Saudi Arabia, Yemen
Updated On : 15 Feb 2021 | 6:57 AM IST

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

Oil drops after strong rally, demand hopes, vaccine roollout limit losses
Updated On : 11 Feb 2021 | 8:54 AM IST

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 hits $60 as supply cuts and US stimulus hopes boost prices
Updated On : 08 Feb 2021 | 8:57 PM IST

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

Brent strikes $60 per barrel as supply cuts, stimulus hopes boost prices
Updated On : 08 Feb 2021 | 1:33 PM IST

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

Oil prices reach highest in a year on US growth optimism, supply restraint
Updated On : 05 Feb 2021 | 8:45 AM IST

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

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

Cut exposure in Silver amid short-squeeze-driven volatility: Bhavik Patel
Updated On : 04 Feb 2021 | 7:40 AM IST

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 prices rise by 1% as producers commit to slashing fuel output
Updated On : 02 Feb 2021 | 8:44 AM IST

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 rises as US oil stockpiles drop as Covid-19 cases decline in China
Updated On : 27 Jan 2021 | 11:48 AM IST

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 prices edge lower amid doubts over US stimulus, rising Covid cases
Updated On : 26 Jan 2021 | 8:12 AM IST