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Page 6 - Oil Prices Slip

Oil prices fall amid concerns on renewed restrictions over Omicron spread

Oil prices fell on Tuesday due to investor worries about demand after renewed restrictions were imposed in Europe and Asia amid a rise in coronavirus cases

Oil prices fall amid concerns on renewed restrictions over Omicron spread
Updated On : 14 Dec 2021 | 10:26 AM IST

Asian shares extend gains catching global rally while oil prices slip

Asian shares extended gains, continuing a global relief rally as markets found positive news in early reports about the potential impact of the Omicron variant

Asian shares extend gains catching global rally while oil prices slip
Updated On : 08 Dec 2021 | 9:09 AM IST

Oil prices drop as coordinated reserve release eases some supply fears

U.S. West Texas Intermediate (WTI) crude futures fell 12 cents, or 0.2%, to $78.38 a barrel at 0122 GMT, reversing out of a 2.3% gain in the previous day

Oil prices drop as coordinated reserve release eases some supply fears
Updated On : 24 Nov 2021 | 9:48 AM IST

Oil hits 7 week-low amid expectations on supply release, Europe Covid surge

Crude oil fell to seven-week lows on Monday, extending declines after the previous session's slide

Oil hits 7 week-low amid expectations on supply release, Europe Covid surge
Updated On : 22 Nov 2021 | 8:10 AM IST

Oil falls from two-month high as fears from Evergrande crisis loom

Futures in London fell after earlier touching their highest level since July 14

Oil falls from two-month high as fears from Evergrande crisis loom
Updated On : 23 Sep 2021 | 5:17 PM IST

Oil prices fall to $74 on risk-averse mood, US Gulf output

A stronger dollar makes US dollar-priced oil more expensive for holders of other currencies and generally reflects higher risk aversion, which tends to weigh on oil prices

Oil prices fall to $74 on risk-averse mood, US Gulf output
Updated On : 20 Sep 2021 | 7:20 PM IST

Oil prices edge lower as US pushes OPEC to pump more crude

Oil slipped on Tuesday as OPEC and its allies geared up for a meeting on Wednesday amid calls from the United States to pump more crude, though Brent still traded well above $70 a barrel

Oil prices edge lower as US pushes OPEC to pump more crude
Updated On : 31 Aug 2021 | 7:53 PM IST

Oil slips as Hurricane Ida weakens, OPEC+ in focus for output increase

Brent crude was down 26 cents, or 0.4%, at $72.44 by 1340 GMT, having reached $73.69 earlier, the highest since August 2

Oil slips as Hurricane Ida weakens, OPEC+ in focus for output increase
Updated On : 30 Aug 2021 | 7:38 PM IST

Oil slips but set for weekly gain despite forecast for weaker demand

Oil fell on Friday, but was on track to post a slight weekly gain, broadly shrugging off a warning from the International Energy Agency that the spread of coronavirus variants is slowing oil demand

Oil slips but set for weekly gain despite forecast for weaker demand
Updated On : 14 Aug 2021 | 2:15 AM IST

Oil prices slip as IEA warns of slowdown in global demand recovery

Oil prices declined on Thursday after the International Energy Agency said the spread of the Delta variant of the coronavirus would slow the recovery of global oil demand

Oil prices slip as IEA warns of slowdown in global demand recovery
Updated On : 12 Aug 2021 | 7:53 PM IST

Oil heads for biggest weekly loss this year on Delta variant concerns

Oil fell, capping the biggest weekly loss since October, as the spread of the delta coronavirus variant in China and elsewhere in the world is casting doubts on demand growth

Oil heads for biggest weekly loss this year on Delta variant concerns
Updated On : 07 Aug 2021 | 2:15 AM IST

Oil prices fall on US crude stock build, Covid-19 Delta variant spread

Traders noted the oil price drop came despite reports of increased Mideast geopolitical tensions

Oil prices fall on US crude stock build, Covid-19 Delta variant spread
Updated On : 05 Aug 2021 | 2:06 AM IST

Crude oil prices slip, rebound runs out of steam on demand worries

Brent crude oil futures shed 5 cents, or 0.1%, to $72.84 a barrel, as of 0309 GMT. US West Texas Intermediate (WTI) crude was down 8 cents, or 0.1%, at $71.18 a barrel.

Crude oil prices slip, rebound runs out of steam on demand worries
Updated On : 03 Aug 2021 | 11:47 AM IST

Oil slips but set to end week steady on tight supply as demand recovers

For the week, Brent was set to end the week up a marginal 0.2%, having declined in the previous three weeks. U.S. crude was poised to remain steady over the week.

Oil slips but set to end week steady on tight supply as demand recovers
Updated On : 23 Jul 2021 | 4:31 PM IST

Oil slip but heads for steady week on supply tightness as demand recovers

Oil prices trimmed overnight gains on Friday but were poised to end the week largely steady after rebounding from a sharp drop, underpinned by expectations supply will remain tight as demand recovers

Oil slip but heads for steady week on supply tightness as demand recovers
Updated On : 23 Jul 2021 | 8:29 AM IST

Oil falls a third day as supply worries mount; OPEC to add more barrels

Oil prices fell a third day on Friday as supply concerns continued to haunt the market, with OPEC likely to add more barrels amid expectations that demand is returning

Oil falls a third day as supply worries mount;  OPEC to add more barrels
Updated On : 16 Jul 2021 | 7:11 AM IST

Oil price falls but sentiment stays strong on demand recovery hopes

Brent crude futures for August eased 10 cents, or 0.1%, to $74.80 a barrel by 0110 GMT, while US West Texas Intermediate (WTI) crude for July was at $73.44 a barrel, down 22 cents, or 0.3%

Oil price falls but sentiment stays strong on demand recovery hopes
Updated On : 22 Jun 2021 | 8:02 AM IST

Oil prices dip, but head for third weekly rise on demand recovery

Brent crude futures edged down 4 cents, or 0.06%, to $72.48 a barrel at 0658 GMT

Oil prices dip, but head for third weekly rise on demand recovery
Updated On : 11 Jun 2021 | 2:02 PM IST

Oil skids as start of US summer driving season fails to lift fuel demand

Oil prices fell on Thursday as inventory data in the United States, the world's top oil consumer, showed a surge in gasoline stocks that indicates weaker-than-expected fuel demand

Oil skids as start of US summer driving season fails to lift fuel demand
Updated On : 10 Jun 2021 | 11:37 AM IST

Oil prices drop 3% on India's Covid-19 crisis; US pipeline restart

Oil prices fell about 3 per cent on Thursday as India's coronavirus crisis deepened and a key US fuel pipeline resumed operations, halting a rally that had lifted crude to an eight-week high

Oil prices drop 3% on India's Covid-19 crisis; US pipeline restart
Updated On : 14 May 2021 | 7:03 AM IST