Page 7 - Oil Prcies

Oil slides after France and Iran say closer to an agreement on nuclear deal

'Positive news from the U.S.-Iran nuclear negotiations is providing much-needed relief to global oil prices, as the possibility of new crude supplies reduces the supply-demand deficit,'

Oil eases on profit-taking, Russia-Ukraine conflict remains key focus

Brent crude futures were at $95.60 a barrel by 0747 GMT, down 88 cents, or 0.9%, after rising $2.04 on Monday

Monday Mayhem: Ukraine-Russia tension, oil prices send Sensex 1700 pts down

The Nifty index is now below its 200-DMA level and is near the support zone of 16,800. Severe corrections may happen if it slips below this level

Oil slips from record seven-year high ahead of indirect US-Iran talks

Ahead of the resumption of indirect talks between the United States and Iran on Tuesday, oil prices eased

Oil climbs toward 7-year highs on US stock draw, eyes on OPEC+ move

Tight global supplies and geopolitical tensions in Eastern Europe and the Middle East have boosted oil prices by about 15% so far this year

Oil posts biggest monthly gain in a year on tight supply, Ukraine tensions

The most-active Brent contract, for April delivery, traded 74 cents higher, or 0.8%, to settle at $89.26 per barrel.

Oil rises on geopolitical risks, supply shortage

The head of NATO said on Sunday that Europe needed to diversify its energy supplies as Britain warned it was 'highly likely' that Russia was looking to invade Ukraine

Oil heads for sixth weekly gain amid supply concerns and rising demand

This year, prices have gained about 15% amid geopolitical tensions between Russia, the world's second-largest oil producer and a key natural gas provider to Europe, and the West over Ukraine

Oil headed for a 4th straight weekly gain, longest streak since October

Brent crude futures ro­se $1.16, or 1.4 per cent, to a two-and-a-half month high of $85.63 a barrel at 1125 GM

Oil prices edge up due to supply disruptions in Kazakhstan, Libya

Brent crude gained 16 US cents or 0.2 per cent at US$81.91 a barrel at 4.06 am GMT, while US West Texas Intermediate crude was up US$0.15 or 0.2 per cent at US$79.05 a barrel

Oil prices above $80 a barrel after Opec+ output target hike

Brent crude futures were up 65 cents, or 0.81 per cent, to $80.32 a barrel by 1317 GMT

Oil mixed as halted flights weigh and optimism over Omicron impact supports

More than 1,300 flights were cancelled by US airlines on Sunday as Covid-19 reduced the number of available crews

Oil climbs to fresh four-week high as Omicron concerns ease

Futures in New York traded above $73 a barrel, though liquidity is dwindling heading into the holiday period

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 edge higher on strong consumer demand, inventory declines

Prices had been pressured most of the day due to ongoing concerns that supply growth will outpace demand next year

Oil drops towards $73 as concerns regarding Omicron variant grow

Brent crude oil futures dropped 98 centsby 14.05 GMT

Oil down as China developer downgrades add to fears of demand outlook

On Thursday, ratings agency Fitch downgraded property developers China Evergrande Group and Kaisa Group to "restricted default" status

Oil edges higher on waning fears of Omicron variant's effects

Brent crude futures settled at $75.82, up 38 cents, or 0.5%. U.S. West Texas Intermediate crude ended at $72.36 a barrel, up 31 cents or 0.4%

Saudi Arabia raises oil prices for buyers in Asia, United States

The move signals that the world's biggest crude exporter still sees strong demand in its two main markets

Confusing signals for OMCs with crude supply-demand equation set to change

Lower oil prices can improve margins, but they could impact inventory value while a third Covid wave can potentially hurt growth