Page 4 - Global Oil Prices

Oil prices recoup losses as Russia-Ukraine tensions stay high

Oil prices recover losses on Wednesday as investors considered conflicting statements on possible withdrawal of some Russian troops around Ukraine amid tight global supplies and recovering fuel demand

Oil prices regain losses as Russia-Ukraine tensions ease

Oil prices recovered losses on Wednesday after slipping over 3% in the previous session, as investors gauge easing of Russia-Ukraine tension against tight global supplies and recovering fuel demand.

Oil prices hold steady after Russia pulls back some troops near Ukraine

But beyond the Ukraine tension, the oil market remains tight and prices are still on course for a move towards $100 a barrel, analysts said

Oil drops from 7-year high on report some Russian troops return to base

Brent crude fell $2.35, or 2.4%, to $94.13 by 0912 GMT. U.S. West Texas Intermediate (WTI) crude dropped $2.00, or 2.1%, to $93.46

Oil prices ease after 7-year high as Ukraine hints at concessions to Russia

Brent crude was down 81 cents, or 0.9%, at $93.63 a barrel by 1259 GMT, off an ealier peak of $96.16, the highest since October 2014

Oil prices climb more than 1% to 7-year highs on supply disruption fears

Brent crude futures was at $95.65 a barrel by 0742 GMT, up $1.21, or 1.3%, after earlier hitting a peak of $96.16, the highest since October 2014

Oil prices rise after International Energy Agency says market tight

Brent crude futures rose 39 cents, or 0.4%, to $91.80 a barrel at 1015 GMT, while U.S. West Texas Intermediate crude gained 45 cents, or 0.5%, to $90.33 a barrel

Oil prices slip on hot US inflation concerns, set for weekly fall

The benchmark oil prices are also in line for their first weekly decline after seven consecutive weekly gains

Oil up as US inventories fall to lowest since Oct 2018 but Iran talks weigh

Brent crude futures rose 65 cents, or 0.7%, to $92.20 a barrel at 1140 GMT, while U.S. West Texas Intermediate crude was at $90.64 a barrel, up 98 cents, or 1.1%

Oil prices drop on potential for US-Iran talks to add crude supplies

Investors are closely watching the outcome of U.S.-Iran nuclear talks which resumed this week. A deal could lift U.S. sanctions on Iranian oil and ease global supply tightness

Goldman Sachs says global oil reserves release 'a drop in the ocean'

Global oil prices rebounded to a one-week high on Tuesday

Oil on the boil: Prices, demand-supply dynamics, and the way ahead

Global oil prices are hitting all-time highs. Let's look at why oil prices are surging globally and understand the dynamics of demand & supply in an interview with S&P Global Platts' Dr Kang Wu

TMS, Ep 10: Oil on the boil, superior voting rights, global travel hassle

Will superior voting rights inspire Indian startups to list domestically? What will be the impact of global oil prices on India? How to ease Covid-related travel hassles? All answers here

Oil prices drop after OPEC+ reaffirms supply return as demand wavers

Oil prices fell after OPEC+ agreed to keep its policy of gradually returning supply to the market at a time when coronavirus cases around the world are surging and many US refiners remained offline

Oil on the boil

Domestic production of oil and gas has been lagging

Oil prices hit new high near $75 on demand rise, falling inventories

Brent has risen 44% this year

Oil prices climb as demand outlook improves, supplies tighten

Brent crude was up 51 cents, or 0.7%, at $73.20 a barrel by 0644 GMT

Oil extends gains as US, European reopenings outweigh fear of Asia demand

Brent crude oil futures were up 20 cents, or 0.3 per cent, at $69.66 a barrel by 0231 GMT, while West Texas Intermediate (WTI) was up 19 cents, or 0.3 per cent, at $66.46 a barrel

Oil prices on track for near two-year high on rising demand outlooks

Brent futures rose $1.12, or 1.6 per cent, to $69.67 a barrel by 10:44 am EDT (8.14 pm IST), while US West Texas Intermediate crude rose $1.10, or 1.7 per cent, to $66.38

Oil prices slump as Suez Canal stuck container ship starts to move

Oil slipped around 2% after news from the Suez Canal that salvage crews have managed to move the giant container ship that has been clogging up the vital global trade passage for nearly a week