Page 67 - Crude Oil Price

Asia stocks, oil prices suffer as new coronavirus variant Omicron spreads

A seasonal lack of liquidity made for a bumpy start and S&P 500 futures led the way with a 0.7% drop, while Nasdaq futures shed 0.6%.

Oil prices head for weekly loss on Omicron variant uncertainty

Brent and WTI are both headed for a 1.4 per cent loss this week

Oil prices head for weekly loss on Omicron coronavirus uncertainty

Brent crude futures fell 59 cents, or 0.8%, to $74.43 a barrel while U.S. West Texas Intermediate crude futures dropped 67 cents, or 0.9%, to $71.71 a barrel

Tumble in spot premiums spurs Asia refiners' buying of Mideast oil

Easing concerns about the impact of new coronavirus variant Omicron on Asia's fuel demand are also supporting Asian refiners' margins, trade sources said.

Oil prices head for flat week on Omicron Covid variant uncertainty

U.S. West Texas Intermediate (WTI) crude futures fell 17 cents, or 0.2%, to $72.21 a barrel at 0155 GMT. Brent crude futures fell 11 cents, or 0.2%, to $74.91 a barrel.

Oil rises towards $75 as US demand and Fed outweigh virus concern

Crude and other risk assets such as equities also got a boost after the US Federal Reserve gave an upbeat economic outlook

Oil prices settle lower on oversupply concerns, strong dollar

Brent crude futures fell 69 cents, or 0.9%, to $73.70. U.S. West Texas Intermediate (WTI) crude futures settled down 56 cents, or 0.8%, at $70.73.

OPEC upbeat on 2022 oil demand, says Omicron impact to be mild

OPEC raises first-quarter 2022 demand forecast by 1.11 mbpd, sees demand at 100 mbpd in Q3 2022, as previously forecast

Oil rises on optimism Omicron impact will be limited on fuel demand

Oil prices rose helped by growing optimism that the Omicron coronavirus variant's impact will be limited on global economic growth and fuel demand.

US sells 18 mn barrels of oil from strategic reserve to reduce prices

The Energy Department announced the first sale of 18 million barrels of oil from the US Strategic Petroleum Reserve (SPR) aimed at reducing pump prices of fuel that had hit seven-year highs

Oil prices post biggest weekly gain since August as Omicron concerns ease

Oil prices rose slightly on Friday and posted their biggest weekly gain since late August, with market sentiment buoyed by easing concerns over Omicron

Oil prices on track for biggest weekly gain since August

LONDON (Reuters) -Oil prices were on track for their biggest weekly gain since late August, with market sentiment buoyed by easing concerns over the Omicron coronavirus variant's impact on global economic growth and fuel demand.

Oil prices edge lower, tracking biggest weekly gain since late August

MELBOURNE/BEIJING (Reuters) -Oil prices dipped on Friday, but were still on track to their biggest weekly gain since late August, as the easing concerns over the Omicron coronavirus variant on global growth and fuel demand drove market sentiment.

Oil prices slip on profit-taking, but head for strong weekly gain

Benchmark Brent and WTI were both on course to rise more than 6% this week, even after the profit-taking, their first weekly gain in seven weeks

Oil prices slip after restrictions to counter Omicron variant

LONDON (Reuters) - Oil prices eased after early gains on Thursday after measures by some governments to slow the spread of the Omicron coronavirus variant, though losses were capped by positive comments from vaccine makers about the efficacy of their jabs.

Oil steadies near $75 as investors assess Omicron's impact

Brent crude futures dropped 19 cents, or 0.25%, to $75.25 a barrel at 0925 GMT, after settling 3.2% higher on Tuesday

Oil prices ease as investors wait for more on Omicron's potential impact

Brent crude futures dropped 40 cents, or 0.5%, to $75.04 a barrel at 0748 GMT, after settling 3.2% higher on Tuesday

Oil rises 3%, extending rally as concerns over Omicron variant impact eases

Oil prices climbed by more than 3% as concerns eased further about the impact on global fuel demand of the Omicron coronavirus variant.

Oil prices climb over $1/bbl as Omicron fears ease, Iran delay

SINGAPORE (Reuters) -Oil prices extended gains on Tuesday from a near 5% rebound the day before as concerns about the impact of the Omicron coronavirus variant on global fuel demand eased while Iran nuclear talks stalled, delaying the return of Iranian crude.

Oil prices rise over $1 a barrel after Saudi increases rate for its crude

Oil prices rose by more than $1 a barrel on Monday after top exporter Saudi Arabia raised prices for its crude sold to Asia and the United States