Page 63 - Oil Prices

Oil prices decline after China September quarter growth disappoints

The world's second-largest economy in the third quarter expanded by 4.9% from a year earlier

Oil dips on prolonged second wave of Covid-19, fears of more supply

Brent crude futures fell 23 cents to settle at $42.93 a barrel, and US West Texas Intermediate (WTI) crude futures dropped 8 cents to settle at $40.88 a barrel

US election outcome, Libyan crude return can change oil market dynamics

The fragile state of US shale producers could mean the majority of supply growth next year will be driven by OPEC+

Oil prices fall further as Donald Trump tests positive for coronavirus

Brent crude slipped on the news and was down 78 cents, or 1.9%, at $40.53 a barrel at 0516 GMT. U.S. oil was 79 cents, or 2%, lower at $37.93

Oil gains 1% on economic hope; coronavirus fears check price gains

Brent crude settled at $42.43 a barrel, up 51 cents, or 1.22%

Oil rises 1% on economic hope; coronavirus fears check price gains

Brent crude settled at $42.43 a barrel, up 51 cents, or 1.22 per cent. US West Texas Intermediate settled at $40.60 a barrel, rising 35 cents, or 0.87 per cent

Govt plans floor price for domestic natural gas amid falling prices, demand

Relief for producers as prices and demand falling globally

Oil falls 5% as economic outlook dims with rising coronavirus cases

Crude oil followed other equities and commodities markets in turning risk-averse on Monday as rising Covid-19 infection rates in Europe and other countries prompted renewed lockdown measures

India's forex reserves can be used for infra investment, say economists

As on September 18, India's foreign exchange reserves stood at $541.67 billion

Barclays raises oil price outlook, expects limited downside to demand view

The bank raised its 2020 Brent and U.S. West Texas Intermediate (WTI) price forecasts by $2 to $43 per barrel and $39, respectively

Thanks to Covid, jet fuel is so cheap it's being blended for use by ships

The shift, almost unthinkable just a year ago, reflects the obliteration of demand the aviation industry has suffered in the wake of the Covid-19 pandemic

OPEC+ panel to meet to discuss output cuts, oil price decline amid Covid-19

OPEC and allies are scheduled to hold an online meet to discuss compliance with their agreed output cuts and demand trends amid falling oil prices and a faltering economic recovery outlook

Oil companies idle production as US Gulf Coast braces for hurricane

Offshore platforms and one refinery along the US Gulf Coast shut down on Sunday as they prepared for a second hurricane strike in less than a month

Oil prices decline on high inventories, weak US stock markets

The three main US stock indexes were headed for a second-straight weekly decline as recent economic indicators suggest a long and difficult recovery from the pandemic

Oil extends losses as stockpile rise amid weakening demand due to pandemic

Brent crude was down 18 cents, or 0.5%, at $39.88 a barrel by 0337 GMT, after falling nearly 2% on Thursday

Oil prices add to losses as supplies swell amid weak demand due to pandemic

Oil prices extended declines on Friday, under pressure from a surprise rise in US stockpiles and ongoing weak demand from the coronavirus pandemic

Oil prices fall as growing US stockpiles signal bumpy demand recovery

US West Texas Intermediate (WTI) crude futures fell 24 cents, or 0.63%, to $37.81 a barrel at 0417 GMT, after climbing 3.5% on Wednesday

Oil prices slip as growing stockpiles signal bumpy fuel demand recovery

US West Texas Intermediate crude futures fell 20 cents, or 0.5%, to $37.85 a barrel at 0056 GMT, after climbing 3.5% on Wednesday

Oil glut trade on brink of a return; Brent crude falls below $40

Crude futures in London, on Tuesday, fell below $40 a barrel for the first time since June 25

Oil prices fall as fuel demand concerns grow after end of US driving season

US West Texas Intermediate crude futures fell 76 cents, or 1.9%, to $39.01 per barrel at 0433 GMT, playing catch-up with a drop in Brent prices overnight