Page 39 - Oil Prices

OPEC and allies to decide crude oil output amid omicron spike

Analysts say the group is likely to add 400,000 barrels of oil per day in February, sticking with the road map it has followed since August

Oil rises on 2022 demand optimism as OPEC+ to agree to output hike

Oil settled higher on Monday on hopes of further demand recovery in 2022, despite OPEC+ looking set to agree to another output increase

Oil starts 2022 with rally towards $79 as Omicron impact concerns ease

Brent crude rose 95 cents, or 1.2per cent, to US$78.73 a barrel as of 0923 GMT. U.S. West Texas Intermediate (WTI) crude added US$1.03 or 1.4per cent, to US$76.24

Oil starts new year on positive note, pandemic worries curb gains

Oil prices rose on Monday as the market kicked off 2022 on a positive note, although concerns over demand waning due to rapidly spreading Covid pandemic limited gains

Oil heads for biggest annual gains since 2009; Brent to post 50% gains

Global oil prices are expected to rise further next year as jet fuel demand catches up

Oil prices slip as China cuts first batch of import quotas for 2022

Brent crude futures fell 41 cents, or 0.5%, to $78.82 a barrel at 0755 GMT, down for the first time in four days.

Oil rises as fuel demand holds up despite surge in Omicron cases

Oil prices rose to extend several consecutive days of gains, buoyed by data showing US fuel demand holding up well despite soaring Omicron cases

Oil prices climb towards $80 per barrel on tight supply; stocks fall

Weekly data from the US Energy Information Administration is due later on Wednesday

Oil prices climb again as fall in US inventories boosts demand sentiment

Brent crude rose 26 cents, or 0.3%, at $79.20 a barrel by 0759 GMT. U.S. West Texas Intermediate (WTI) crude climbed 19 cents, or 0.2%, to $76.17 a barrel

Oil edges higher as industry data shows decline in US crude inventories

Oil prices edged higher on Wednesday after rallying overnight as industry data showed a decline in US inventories

Brent near $80 a barrel as market shrugs off Omicron variant

Omicron-induced staff shortages led to thousands of flights cancellations over the Christmas weekend in the US

Oil prices rise to highest level in a month as Omicron concern eases

Oil prices rose more than 2% on Monday to the highest level since late November on hopes that the Omicron coronavirus variant will have a limited impact on global demand in 2022

Oil prices mixed, US crude falls after Covid-19 flight cancellations

Oil prices were mixed on Monday, with Brent edging up while Us crude futures slipped after airlines called off thousands of flights

Oil prices rally on inventory drawdown, casting Omicron caution to the wind

Oil prices rose on Wednesday after a larger-than-expected drawdown in US inventories

Oil prices steady as Omicron caution lingers amid renewed curbs

Brent crude futures rose 1 cent, or 0.01%, to $73.99 a barrel after gaining 3.4% in the last session.

Oil prices rise as dollar slips amid Omicron fears, China's economy

Oil prices rose again as the dollar slipped, with risk appetite returning as some governments resist imposing lockdowns to curb the spread of the Omicro

Oil prices edge higher but investor worries on Omicron spread remain

Oil prices edged higher on Tuesday, though investors remained worried about the rapid spread of the Omicron coronavirus variant globally

Oil prices slide as rapid Omicron spread dims fuel demand outlook

The oil and gas rig count, an early indicator of future output, rose by three to 579 in the week to December 17, representing its highest since April 2020

Oil prices slide as rapid Omicron spread dims fuel demand outlook

The Netherlands went into lockdown on Sunday and the possibility of more COVID-19 restrictions being imposed ahead of the Christmas and New Year holidays loomed over several European countries

Oil prices drop 2% as rapid Omicron spread dims fuel demand outlook

Oil prices slumped by about 2% early on Monday as surging cases of the Omicron coronavirus variant in Europe and the United States