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Page 80 - Crude Oil Price

Oil prices firm as US, Europe growth prospects counter India concerns

Oil prices extended gains on Tuesday as more U.S. states eased lockdowns and the European Union sought to attract travellers, helping to offset concerns over fuel demand in India as Covid cases soar

Oil prices firm as US, Europe growth prospects counter India concerns
Updated On : 04 May 2021 | 10:03 AM IST

Crude oil jumps above $64, marking one year of crash below zero

West Texas Intermediate advanced 1.3 per cent, adding to Monday's modest climb as the dollar weakened, while production in Libya fell below 1 million barrels a day amid a budget dispute

Crude oil jumps above $64, marking one year of crash below zero
Updated On : 21 Apr 2021 | 1:05 AM IST

Crude oil refinery output falls 11% in FY21 on Covid-led demand destruction

Crude oil and natural gas production also declines

Crude oil refinery output falls 11% in FY21 on Covid-led demand destruction
Updated On : 20 Apr 2021 | 8:28 PM IST

Oil prices rise to one-month high on weak dollar, fall in US inventory

Buyers using other currencies pay less for dollar-denominated oil when the greenback weakens

Oil prices rise to one-month high on weak dollar, fall in US inventory
Updated On : 20 Apr 2021 | 12:51 PM IST

Oil steadies as dollar slumps but Covid-19 pandemic surge weighs

Brent crude was down 4 cents, at $66.73 a barrel by 11:06 AM ET (1506 GMT), after rising 6% last week

Oil steadies as dollar slumps but Covid-19 pandemic surge weighs
Updated On : 19 Apr 2021 | 11:09 PM IST

Jet fuel price cut by 1% amid softening international crude oil prices

This is the second reduction in rates this month

Jet fuel price cut by 1% amid softening international crude oil prices
Updated On : 16 Apr 2021 | 6:43 PM IST

Crude oil will climb above $70; energy security could reappear on the radar

Crude oil prices could shift higher again once the market shakes off the latest bout of coronavirus jitters

Crude oil will climb above $70; energy security could reappear on the radar
Updated On : 13 Apr 2021 | 10:16 AM IST

Oil slips towards $59 as investors weigh near-term demand outlook

Futures in New York lost 0.5 per cent on Monday after falling 3.5 per cent last week

Oil slips towards $59 as investors weigh near-term demand outlook
Updated On : 12 Apr 2021 | 11:36 PM IST

Oil prices climb on favourable outlook for United States fuel demand

Oil prices climb on favourable outlook for United States fuel demand

Oil prices climb on favourable outlook for United States fuel demand
Updated On : 12 Apr 2021 | 2:07 PM IST

Undiplomatic wrangling

India-Saudi relationship must survive oil price dispute

Undiplomatic wrangling
Updated On : 08 Apr 2021 | 11:17 PM IST

Oil prices slip after surprise hefty build in US gasoline stocks

NEW YORK (Reuters) - Oil prices eased on Wednesday after U.S. gasoline inventories unexpectedly swelled, fanning fears that new coronavirus outbreaks will weaken the global recovery in fuel demand.

Oil prices slip after surprise hefty build in US gasoline stocks
Updated On : 07 Apr 2021 | 10:18 PM IST

Oil falls before Iran nuclear deal talks while coronavirus risks weigh

Futures in New York fell as much as 3 per cent on Monday

Oil falls before Iran nuclear deal talks while coronavirus risks weigh
Updated On : 06 Apr 2021 | 12:56 AM IST

India strongly pitches for easing cuts in crude oil production

Ministry of Petroleum and Natural Gas is reviewing closely the global crude supplies and price situation

India strongly pitches for easing cuts in crude oil production
Updated On : 03 Apr 2021 | 12:56 AM IST

Oil settles up more than $2 despite OPEC+ production cuts

Brent crude settled up $2.12, or 3.4%, to $64.86 a barrel. US oil settled up $2.29, or 3.9%, at $61.45 a barrel.

Oil settles up more than $2 despite OPEC+ production cuts
Updated On : 02 Apr 2021 | 3:00 AM IST

Oil prices mixed as US crude inventory draw supports, OPEC+ concerns weigh

NEW YORK (Reuters) - Oil prices were mixed on Wednesday, supported by a draw in U.S. crude inventories but pressured by concerns about the market's recovery after OPEC and its allies lowered their 2021 demand growth forecast.

Oil prices mixed as US crude inventory draw supports, OPEC+ concerns weigh
Updated On : 01 Apr 2021 | 3:29 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

Addicted to cheap fuel, emerging markets face a climate dilemma

Around the world, countries spend a staggering $300 billion a year to keep a lid on fossil-fuel prices, stave off civil unrest and prop up their economies

Addicted to cheap fuel, emerging markets face a climate dilemma
Updated On : 27 Mar 2021 | 9:14 AM IST

Oil prices drop 4% as new lockdowns undermine hopes for economic recovery

NEW YORK (Reuters) - Oil prices fell 4% per barrel on Thursday, extending a string of market weakness on renewed lockdowns in Europe and Asia to head off a rising coronavirus infection rate.

Oil prices drop 4% as new lockdowns undermine hopes for economic recovery
Updated On : 26 Mar 2021 | 3:27 AM IST
Trading strategies for gold and crude oil by Tradebulls Securities
Updated On : 25 Mar 2021 | 8:27 AM IST

Oil gains more than $3/bbl after Suez Canal ship grounding

NEW YORK (Reuters) - Oil prices jumped about 6% on Wednesday after a ship ran aground in the Suez Canal, and worries that the incident could tie up crude shipments gave prices a boost after a slide over the last week.

Oil gains more than $3/bbl after Suez Canal ship grounding
Updated On : 25 Mar 2021 | 3:08 AM IST