Page 90 - Crude Oil Price

BP says era of oil-demand growth over, may not return to pre-Covid levels

The UK giant is describing a different future, where oil's supremacy is challenged, and ultimately fades

Oil prices decline on high inventories, weak US stock markets

The three main US stock indexes were headed for a second-straight weekly decline as recent economic indicators suggest a long and difficult recovery from the pandemic

Oil prices fall as growing US stockpiles signal bumpy demand recovery

US West Texas Intermediate (WTI) crude futures fell 24 cents, or 0.63%, to $37.81 a barrel at 0417 GMT, after climbing 3.5% on Wednesday

Oil-related stocks in focus as crude oil prices tumble; ONGC declines 4%

Oil futures fell sharply on Tuesday, with Brent tumbling below $40 a barrel for the first time since June.

Global Markets: Tech rout roils Asian shares, oil futures extend slump

MSCI's broadest index of Asia-Pacific shares outside Japan slid 1.12%. Australian stocks dropped 2.24%, while shares in China fell 1.16%

Brent crude tumbles below $40 in wake of faltering demand outlook

A stall in Asia's recovery, the end of the US summer driving season and increased supply from the OPEC+ alliance signal a bleak short-term outlook for oil prices

Oil prices fall as fuel demand concerns grow after end of US driving season

US West Texas Intermediate crude futures fell 76 cents, or 1.9%, to $39.01 per barrel at 0433 GMT, playing catch-up with a drop in Brent prices overnight

Oil price falls after Saudi cuts rates amid demand uncertainty

West Texas Intermediate US crude skidded 59 cents, or 1.5 per cent, to $39.18 per barrel after hitting $38.55, its lowest since July 10

Oil drops more than $1 after Saudi price cuts, demand optimism fades

Brent crude was at $41.75 a barrel, down 91 cents or 2.1% by 0000 GMT, after it earlier slid to $41.51, its lowest since July 30

Oil falls 1% on lacklustre demand, set for biggest weekly drop since June

Brent crude fell 44 cents to $43.63 a barrel by 0325 GMT, while U.S. West Texas Intermediate was at $40.94 a barrel, down 43 cents and set for its first weekly drop in five weeks.

Oil rises after US inventories draw, optimism of economic recovery

Brent crude futures were up 33 cents at $45.91 a barrel as of 0034 GMT, extending gains into a third day

Oil prices hold pattern as huge Gulf of Mexico storm shuts output

US West Texas Intermediate crude futures fell 4 cents, or 0.1%, to $43.35 a barrel by 0148 GMT, erasing Wednesday's slight rise

Brent crude oil prices climb on US output cuts, China trade deal hopes

Brent crude oil futures added 10 cents, or 0.2%, to $45.96 a barrel by 0642 GMT

Brent rises on US output cuts ahead of biggest storm threat in 15 years

Brent crude oil futures added 8 cents, or 0.2%, to $45.94 a barrel by 0134 GMT

Petrol price rise for sixth consecutive day, crude oil prices also rise

Petrol prices have been on the rise for the sixth consecutive day on Tuesday, while diesel held on to its price line that it has maintained since July 30

Oil prices mixed on storm-driven output cuts, rising Covid-19 cases

Brent crude oil futures added 5 cents, or 0.1%, to $45.18 a barrel by 0055 GMT, while US West Texas Intermediate crude was down 9 cents, or 0.2%, at $42.53 a barrel

Oil prices gain as storm shuts US output, progress in Covid-19 treatment

Brent crude was up 32 cents, or 0.7 per cent, at $44.67 a barrel by 0753 GMT. US West Texas Intermediate crude rose 31 cents, or 0.7 per cent, to $42.65

Oil prices edges up as storms takes aim at Gulf of Mexico; gains capped

Oil producers had shut 58% of the Gulf's offshore oil production and 45% of natural gas production on Sunday

Petrol prices hiked six times in a week, costs Rs 81.35 a litre in Delhi

Petrol prices were raised by 16 paise in Delhi to Rs 81.35 a litre; in Mumbai, it stands at Rs 88.02 a litre

Oil climbs for third straight week, buoyed by producers holding back output

Brent crude futures rose 16 cents, or 0.4%, to $44.07, heading for a weekly rise around 0.5%