Oil Prices
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January 20, 2021, Wednesday
Oil up 1% on stimulus hopes, tightening market ahead of Biden inauguration
Brent crude was up 53 cents, or 1%, at $56.43 a barrel
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January 20, 2021, Wednesday
Indices end at record closing; Sensex up 394 pts at 49,792, Nifty at 14,645
Sectorally, all except Nifty FMCG index ended the day in the green on the NSE with the FMCG index closing down 0.16 per cent
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January 16, 2021, Saturday
Oil drops over 2% on China lockdowns due to outbreak, US unemployment data
Both benchmarks, which hit their highest in nearly a year earlier in the week, were are heading for their first weekly declines ...
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January 15, 2021, Friday
Oil prices mixed as lockdowns in Chinese cities raise questions on demand
Oil prices were mixed as strong import data from China, the world's biggest crude importer, that boosted sentiment earlier ran ...
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January 14, 2021, Thursday
Oil prices ease as Covid surge, lockdowns outweigh Chinese, US data
Brent's six-month backwardation, whereby contracts for later delivery are cheaper, fell to its lowest since Jan. 5, indicating ...
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January 13, 2021, Wednesday
Oil prices fall after earlier gains as rising global Covid-19 cases
The next milestone for Brent prices is a rise above $60, a level not seen since late January 2020.
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January 12, 2021, Tuesday
Oil hits 11-month high near $57 a barrel on tight supply expectations
Saudi Arabia plans to cut output by an extra 1 million barrels per day (bpd) in February and March to keep inventories in check
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January 12, 2021, Tuesday
Crude oil prices sapped over investors' concern on rising coronavirus cases
US crude oil stockpiles likely fell for a fifth straight week, while refined products inventories were seen up last week
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January 11, 2021, Monday
Goldman expects Brent oil prices to reach $65 per barrel in summer 2021
Brent crude fell as much as $1 per barrel on Monday, to trade around $55. Oil prices shed about 20% in 2020.
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January 11, 2021, Monday
Oil prices fall on renewed coronavirus concerns as China cases mount
Oil prices fell on renewed concerns about global fuel demand amid strict coronavirus lockdowns in Europe and new movement ...