Page 2 - Oil Prices Slip

Rupee, stock markets slip; crude oil soars as Israel strikes Iran

Ships transiting Strait of Hormuz, a vital oil artery, put on alert

Oil slumps nearly 4% on US-Iran deal hopes as stock rally eases

It was not just Brent that was impacted. Europe's oil and gas stocks toppled back nearly 2%, while government bonds of rival producers from Angola to Nigeria also took a hit

Oil prices rebound nearly 3% after drop, but oversupply fears weigh

The return of Chinese market participants after a five-day public holiday since May 1 was also seen supporting prices on Tuesday

West Asian stocks plunge as US tariff hikes, oil slump spark turmoil

Saudi Aramco - the world's biggest oil exporter - was one of the biggest losers in the region. The company at one point erased more than $90 billion from its market capitalization

Oil prices see drop 8% amid China retaliating with tariffs on US goods

Brent futures dived by $5.30, or 7.6 per cent, to $64.84 a barrel by 1254 GMT. US West Texas Intermediate crude futures lost $5.47, or 8.2 per cent, to $61.48

Oil prices plunge 6% after Trump tariffs, OPEC+ speeds up output hikes

Trump on Wednesday unveiled a 10% minimum tariff on most goods imported to the United States, the world's biggest oil consumer, with much higher duties on products from dozens of countries

Oil prices drop amid Ukraine-Russia peace talks, rising US crude stocks

Russia is the world's third-largest oil producer and sanctions imposed on its crude exports after its invasion of Ukraine nearly three years ago have supported higher prices

Oil prices fall as US delays Mexico tariff by a month, easing concerns

Mexican President Claudia Sheinbaum said U.S. and Mexico teams have started to work on Monday on security and business, adding that she proposed the pause in tariffs to Trump

Oil prices fall as US crude inventories rise, tariff fear continues

Supply concerns eased after Libya's National Oil Corp said on Tuesday export activity was running normally after it held talks with protesters demanding a halt of loadings at one its main oil ports

Oil prices fall as traders digest Trump tariff reprieve, stronger dollar

Brent crude futures were down $1.52, or 1.9 per cent, at $78.63 per barrel at 1406 GMT. US West Texas Intermediate crude futures were down by $2.14, or 2.8 per cent, at $75.74

Oil prices edge down for second day straight on rising US fuel inventories

Both benchmarks fell more than 1 per cent on Wednesday as a stronger dollar and the bigger-than-expected rise in US fuel stockpiles weighed on prices

Oil prices inch lower in thin trade, investors eye China and US data

Brent crude futures fell 6 cents to $74.11 a barrel by 0111 GMT while the more active March contract was at $73.73 a barrel, down 6 cents

OPEC+ to discuss extending oil cuts into 2024 in formal talks on Thursday

An output hike of 180,000 bpd - a fraction of the total - was planned for January from the eight members involved in OPEC+'s most recent cuts of 2.2 million bpd. The hike has been delayed from October

Oil prices fell on Chinese stimulus disappointment, supply outlook

Brent crude futures settled at $71.83 a barrel, down $2.04 or 2.76 per cent . US West Texas Intermediate crude futures finished at $68.04 a barrel, down $2.34, or 3.32 per cent

Oil falls over 2% on receding US hurricane risk, lackluster China stimulus

Energy producers shut in more than 22 per centof oil output in the US Gulf of Mexico by Thursday as a precautionary measure to brace against Hurricane Rafael

Crude oil strategy today, Oct 29: Short the rally; WTI resistance at $70

Oil price today: Crude oil prices tumbled 6 per cent on Monday, with Brent settling under $72 and WTI at $67.38

Oil prices fall as Blinken visits Israel, China's weak demand weighs

US Secretary of State Antony Blinken arrived in Israel on Tuesday, the first stop on a Middle East tour in which he will seek to revive talks to end the Gaza war and defuse the spillover conflict

Market Today: Infy, Axis Bank Q2 results; Dow at record; Hyundai India IPO

At 6:30 AM, GIFT Nifty Futures were trading about 14 points higher at 25,069, suggesting a flat to positive start for Indian markets.

HPCL, BPCL, IOC soar up to 5% in trade as oil prices slip to 2-week low

A fall in oil prices is beneficial to OMCs as their costs for acquiring crude oil for refining drop

Crude oil prices hit 2-week lows; how to trade, key levels to watch today?

Crude oil outlook today, Aug 20: Oil prices tumbled to two-week lows on Tuesday morning in Asian trade with WTI future trading down 0.4 per cent