Page 41 - Oil Prices

Oil price jumps by almost 5% as Omicron fear eases, US-Iran talks

Oil prices climbed by nearly 5% on Monday on hopes the Omicron coronavirus variant would have a less damaging economic impact if its symptoms proved mostly mild

Oil prices rebound towards $72 on Omicron hopes, Iran talks

Brent crude gained $1.85, or 2.7%, to $71.73 by 1135 GMT

Oil prices rebound by more than $1 after Saudi price hike

Brent crude futures for February gained $1.61, or 2.3%, to $71.49 a barrel by 0720 GMT while U.S. West Texas Intermediate crude for January were at $67.89 a barrel, up $1.63, or 2.5%

Asian markets lag as US, Euro stock futures rally while oil prices surge

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Oil prices rise over $1 a barrel after Saudi increases rate for its crude

Oil prices rose by more than $1 a barrel on Monday after top exporter Saudi Arabia raised prices for its crude sold to Asia and the United States

Oil steadies, paring gains as rising Covid cases spur demand worries

Crude prices ended little changed after erasing earlier big gains on growing worries that rising coronavirus cases and a new variant could reduce global oil demand.

Japan's plan to release oil reserve unchanged despite price drop: Minister

Japan's plan to release oil from strategic reserves despite the recent drop in oil prices, industry minister Koichi Hagiuda said

Oil up on OPEC+ plan to meet ahead of schedule if Omicron dents demand

U.S. West Texas Intermediate (WTI) crude futures rose 27 cents, or 0.4%, to $66.77 a barrel at 0122 GMT, adding to a 1.4% gain on Thursday

Oil prices little changed as OPEC+ sticks to regular output increase

U.S. front month contract traded volumes remained low, at about 267,000 - below the 200-day moving average and far lower than the last four days.

Sensex gallops 776 pts, Nifty ends above 17,400; HDFC, IT shares lead

The Midcap and Smallcap indices also surged over a per cent each, and advancing shares outnumbered declining stocks in 2:1 ratio the BSE on Thursday

Oil rallies as Opec meets, but supply concern looms

Brent crude futures for February were up $2.08, or 3%, at $71.31 a barrel at 1445 GMT.

Oil prices rise on growing expectations OPEC+ will hold off output hike

Brent crude futures climbed 82 cents, or 1.1%, to $74.26 a barrel, after gaining 1% on Monday

Oil pares gains, but ends higher after Friday slump amid new variant fear

Oil pared gains late on Monday, but finished the session higher as investors viewed Friday's slump in oil and financial markets as overdone absent more data on the Omicron coronavirus variant

Investors cling to hope as Omicron variant spreads, shares rebound

MSCI's gauge of stocks across the globe gained 0.79%

Oil's Black Friday: Algos and options turn a tumble into a crash

What happens next depends on whether the direst predictions for Omicron's impact are realized

Brent slumps under $80 as investors wary of new variant, Q1 surplus

Oil fell in tandem with other financial markets on fears that the new variant could slow economic growth and restrict movement again

Oil prices slip over 1% amid concerns over global supply surplus in Q1

Oil prices slid more than 1% on Friday on concerns that a global supply surplus could swell in the first quarter

Oil prices slip awaiting OPEC+ response to US-led crude release

Oil prices ticked lower on Thursday with investors waiting to see how major producers respond to the emergency crude release by major consuming countries designed to cool the market

Fighting gas prices, US decides to release 50 million barrels of oil

The government will begin to move barrels into the market in mid- to late-December

Oil rises as investors sceptical about effectiveness of reserve release

Brent crude futures rose 13 cents, or 0.2%, to $82.44 a barrel by 0742 GMT