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Page 48 - Crude Oil

Oil prices up 3%; forecast for better US fuel demand feeds rebound

Oil prices rose 3% on Tuesday, rebounding from recent losses on signs of rising fuel demand in the United States despite a surge in Covid-19 cases

Oil prices up 3%; forecast for better US fuel demand feeds rebound
Updated On : 11 Aug 2021 | 2:26 AM IST

Oil prices slide to 3-week low on China's virus curbs, strong dollar

A United Nations panel's dire warning on climate change added to the gloomy mood after fires in Greece have razed homes and forests and parts of Europe suffered deadly floods last month

Oil prices slide to 3-week low on China's virus curbs, strong dollar
Updated On : 10 Aug 2021 | 1:55 AM IST

Oil prices drop 4% on China's Covid restrictions and climate warning

Brent crude futures fell by $2.82, or 4.2%, to $67.88 a barrel by 0930 GMT after a 6% slump last week for their biggest weekly loss in four months.

Oil prices drop 4% on China's Covid restrictions and climate warning
Updated On : 09 Aug 2021 | 4:11 PM IST

Oil heads for biggest weekly loss this year on Delta variant concerns

Oil fell, capping the biggest weekly loss since October, as the spread of the delta coronavirus variant in China and elsewhere in the world is casting doubts on demand growth

Oil heads for biggest weekly loss this year on Delta variant concerns
Updated On : 07 Aug 2021 | 2:15 AM IST

Oil prices steady, but set for big weekly loss on demand worries

Oil prices were steady on Friday, but on track for steep weekly declines on concerns over the impact on fuel demand from travel restrictions to curb spread of Covid-19

Oil prices steady, but set for big weekly loss on demand worries
Updated On : 06 Aug 2021 | 8:32 PM IST

Saudi Arabia's Aramco raises Asia, US oil prices in sign demand seen rising

Many analysts and traders see the latest Covid-19 flare-ups as a short-term hit to oil demand

Saudi Arabia's Aramco raises Asia, US oil prices in sign demand seen rising
Updated On : 05 Aug 2021 | 1:33 AM IST

Oil prices hit by concern over Chinese economy and higher supply

China's factory activity growth slipped sharply in July as demand contracted for the first time in more than a year

Oil prices hit by concern over Chinese economy and higher supply
Updated On : 03 Aug 2021 | 1:27 AM IST

Oil prices slip but remain near $75 after large inventory drawdown

Brent crude oil futures fell 5 cents, or 0.1%, to $74.69 a barrel by 0108 GMT while US West Texas Intermediate (WTI) crude oil futures slipped by 4 cents, or 0.1%, to $72.35 a barrel.

Oil prices slip but remain near $75 after large inventory drawdown
Updated On : 29 Jul 2021 | 10:11 AM IST

Oil's not well in TN: Protests against exploration put ONGC in a spot

The state government's stand and the protests against exploration have put ONGC in a spot, with recoverable oil and gas reserves worth $8.5 billion stuck

Oil's not well in TN: Protests against exploration put ONGC in a spot
Updated On : 27 Jul 2021 | 6:00 AM IST

BPCL, HPCL: Is it time to look at OMC stocks amid crude oil drop?

A breakout above Rs 2,160 may result in a sharp upside towards Rs 2,250 and Rs 2300 levels in Reliance Industries' stock

BPCL, HPCL: Is it time to look at OMC stocks amid crude oil drop?
Updated On : 26 Jul 2021 | 12:22 PM IST

Oil slips but set to end week steady on tight supply as demand recovers

For the week, Brent was set to end the week up a marginal 0.2%, having declined in the previous three weeks. U.S. crude was poised to remain steady over the week.

Oil slips but set to end week steady on tight supply as demand recovers
Updated On : 23 Jul 2021 | 4:31 PM IST

India's new oil minister dials OPEC countries as higher fuel prices pinch

New Oil Minister Hardeep Singh Puri has made phone calls to key OPEC nations to convey the desire for an affordable price for consumers.

India's new oil minister dials OPEC countries as higher fuel prices pinch
Updated On : 16 Jul 2021 | 5:33 PM IST

Oil slips after hitting 2018 high with market poised to tighten

Futures in New York traded near $75 a barrel after rising 1.6% on Tuesday

Oil slips after hitting 2018 high with market poised to tighten
Updated On : 14 Jul 2021 | 8:41 PM IST

Petrol, diesel prices may soften by month-end as Brent stabilises

But prices may remain uncomfortably high for most consumers

Petrol, diesel prices may soften by month-end as Brent stabilises
Updated On : 13 Jul 2021 | 6:10 AM IST

Crude oil spike, weakening rupee cause turbulence for aviation stocks

This would offset the recovery in volumes from the lows in May

Crude oil spike, weakening rupee cause turbulence for aviation stocks
Updated On : 12 Jul 2021 | 10:00 PM IST

Oil prices fall as economic worries offset tightening crude supplies

Oil prices fall as economic worries offset tightening crude supplies

Oil prices fall as economic worries offset tightening crude supplies
Updated On : 12 Jul 2021 | 6:39 PM IST

Global energy demand fell beyond predictions in 2020: bp Statistical Review

Drop was most since World War-II; renewable energy deployment zoomed in 2020

Global energy demand fell beyond predictions in 2020: bp Statistical Review
Updated On : 08 Jul 2021 | 8:48 PM IST

Oil slides from multi-year highs after OPEC cancels meeting

(Reuters) - Oil slipped on Tuesday, pulling back from its recent rally, after OPEC+ producers cancelled a meeting due to clashes over plans to increase supply to meet rising global demand.

Oil slides from multi-year highs after OPEC cancels meeting
Updated On : 07 Jul 2021 | 3:30 AM IST

Politics seep into oil as diverging goals test Saudi & UAE relations

Crude slips after surging to multi-year highs amid major crisis in Opec+

Politics seep into oil as diverging goals test Saudi & UAE relations
Updated On : 07 Jul 2021 | 12:55 AM IST

Rupee falls 24 paise against US dollar amid rising crude oil prices

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.18 per cent to 92.38.

Rupee falls 24 paise against US dollar amid rising crude oil prices
Updated On : 06 Jul 2021 | 5:10 PM IST