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Page 6 - Oil Prices Rise

Oil prices surge nearly 20% as investors hail coronavirus stimulus spending

OANDA's Moya cautioned that the selling could start again in oil markets.

Oil prices surge nearly 20% as investors hail coronavirus stimulus spending
Updated On : 19 Mar 2020 | 11:14 AM IST

Oil prices rise 1% as China pushes Donald Trump for more tariff rollbacks

Brent crude futures rose 74 cents, or 1.2%, to $62.87 a barrel by 12:56 pm EST (1756 GMT). US West Texas Intermediate crude futures rose 68 cents, or 1.2%, to $57.22 a barrel

Oil prices rise 1% as China pushes Donald Trump for more tariff rollbacks
Updated On : 06 Nov 2019 | 12:02 AM IST

Oil prices rise on US-China trade deal hopes and improved outlook

On Friday, prices jumped by about $2 a barrel after U.S. officials said a deal could be signed this month.

Oil prices rise on US-China trade deal hopes and improved outlook
Updated On : 05 Nov 2019 | 2:11 AM IST

Oil prices rise to $60.65 a barrel after reports of Iranian tanker attack

Brent crude futures LCOc1 gained $1.31, or 2.2%, to $60.41 a barrel by 11:27 a.m. EDT (1527 GMT), after earlier reaching a session high of $60.65 a barrel

Oil prices rise to $60.65 a barrel after reports of Iranian tanker attack
Updated On : 11 Oct 2019 | 11:45 PM IST

Oil prices rise on expectations of more output cuts by Opec amid trade row

International benchmark Brent crude futures, were at $57.61 a barrel by 0009 GMT, up 23 cents, or 0.4%, from their previous settlement

Oil prices rise on expectations of more output cuts by Opec amid trade row
Updated On : 09 Aug 2019 | 7:53 AM IST

Oil edges higher after plunging in worst reaction to Opec in over 4 years

Prices edged higher by about 0.6% on Wednesday after a report showed a contraction in U.S. crude stockpiles

Oil edges higher after plunging in worst reaction to Opec in over 4 years
Updated On : 03 Jul 2019 | 8:01 AM IST

Oil prices near 2019 highs amid supply cuts by Opec, US sanctions

Brent crude oil futures were at $67.82 per barrel at 0122 GMT, down 4 cents from their last close but within a dollar of the $68.69 per barrel 2019-high marked the day before

Oil prices near 2019 highs amid supply cuts by Opec, US sanctions
Updated On : 22 Mar 2019 | 9:37 AM IST

Oil prices hit 3-month high on Opec cuts, US sanctions on Iran, Venezuela

Opec, as well as some non-affiliated producers like Russia, agreed late last year to cut output by 1.2 million barrels per day to prevent a large supply overhang from swelling more

Oil prices hit 3-month high on Opec cuts, US sanctions on Iran, Venezuela
Updated On : 18 Feb 2019 | 9:24 AM IST

Oil prices fall 3% on rising US production, economic slowdown fears

Brent has risen nearly 12% so far in Jan, which would be the largest monthly percentage increase since Dec 2016

Oil prices fall 3% on rising US production, economic slowdown fears
Updated On : 29 Jan 2019 | 2:52 AM IST

Oil rises 1% on supply cuts, but fears of economic slowdown persist

International Brent crude oil futures were at $59.64 per barrel, up 65 cents, or 1.1%, from their last close

Oil rises 1% on supply cuts, but fears of economic slowdown persist
Updated On : 15 Jan 2019 | 2:56 PM IST

Oil prices surge almost 4% on US-China trade truce, expected supply cuts

Brent crude futures rose $2.23 to settle at $61.69 a barrel, a 3.75 percent gain

Oil prices surge almost 4% on US-China trade truce, expected supply cuts
Updated On : 04 Dec 2018 | 2:15 AM IST

Oil rises on supply cut talks, but prices stay down on oversupply concerns

US light crude was up 98 cents at $57.44 after its steepest one-day loss in more than three years on Tuesday

Oil rises on supply cut talks, but prices stay down on oversupply concerns
Updated On : 16 Nov 2018 | 9:51 PM IST

Oil rebounds to $73 on reports of Russia, Saudi discussing output cut

Russia's TASS news agency reported that the two countries had started bilateral talks on the issue

Oil rebounds to $73 on reports of Russia, Saudi discussing output cut
Updated On : 07 Nov 2018 | 11:49 PM IST

World's biggest traders see oil prices breaking above $100 next year

The traders said, however, they expected some demand destruction in emerging market economies to help cap oil prices

World's biggest traders see oil prices breaking above $100 next year
Updated On : 10 Oct 2018 | 7:33 PM IST

IEA urges Opec to boost output as high oil prices threaten global economy

IEA said last week that rising crude prices may dent demand in some of the world's fastest-growing nations unless producers take steps to boost supplies

IEA urges Opec to boost output as high oil prices threaten global economy
Updated On : 09 Oct 2018 | 4:28 PM IST

Russia, Saudi struck private deal in Sept to raise oil output, informed US

US President Donald Trump has blamed the OPEC nations for surge in oil prices

Russia, Saudi struck private deal in Sept to raise oil output, informed US
Updated On : 03 Oct 2018 | 4:01 PM IST

Oil prices at 4-year high as Iran sanctions stoke concern among investors

Crude has rallied about 16 percent since mid-August as supply losses from Iran to Venezuela continue to rattle global markets

Oil prices at 4-year high as Iran sanctions stoke concern among investors
Updated On : 03 Oct 2018 | 8:56 AM IST

Oil prices rise after Saudi cut output in July despite OPEC agreement

In July, Saudi Arabia told the producer group of the OPEC that it had cut production by 200,000 barrels per day to 10.288 million bpd

Oil prices rise after Saudi cut output in July despite OPEC agreement
Updated On : 14 Aug 2018 | 7:47 AM IST

Oil price spike or ignore Trump: China and India's big decision

The Iranian issue is just one of several US foreign policy decisions that are reaching across the oil market with the potential to upend crude flows

Oil price spike or ignore Trump: China and India's big decision
Updated On : 07 Jul 2018 | 9:15 PM IST

Oil prices rise on Iran sanction worries, despite surging US supplies

Brent crude oil futures were at $73.25 per barrel at 0020 GMT, up 12 cents, or 0.2 per cent, from their last close

Oil prices rise on Iran sanction worries, despite surging US supplies
Updated On : 02 May 2018 | 7:30 AM IST