Page 5 - Us Crude Oil

Crude steady as rising European Covid-19 cases offset US oil stock draw

NEW YORK (Reuters) - Oil prices held steady on Thursday as a new wave of coronavirus cases in Europe led several countries to reimpose travel restrictions, offsetting a bullish drop in U.S. crude and fuel inventories.

Oil prices rise over 1% after US crude, fuel stockpiles draw down

Brent crude rose 53 cents, or 1.3%, to $42.25 a barrel by 10:54 a.m. EDT (1454 GMT). US West Texas Intermediate crude gained 55 cents, or 1.4%, to $40.35 a barrel

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

Oil prices at five-month high on big drop in US crude stocks, weak dollar

Brent crude was up $1.50, or 3.4 per cent, at $45.93 a barrel

Oil rises after surprise drop in US inventories offsets demand concerns

Inventories of crude oil in the US dropped by 6.8 million barrels last week to 531 million barrels, data showed

Oil prices fall on US inventory build, increasing coronavirus fears

Industry group American Petroleum Institute (API) reported US crude inventories rose last week by 7.5 million barrels compared with expectations for a draw of 2.1 million

Oil prices rise after sharp drop in US crude stock, focus on OPEC meeting

Brent crude futures were up 10 cents, or 0.2%, at $43 a barrel as of 0049 GMT, and US West Texas Intermediate (WTI) crudefutures rose 14 cents, or 0.4%, to $40.43 a barrel

Crude oil price drops as US inventory build-up stokes supply fears

Oil prices eased in early trade on Wednesday as industry data showed a build in US crude stockpiles and a forecast for US crude output to fall less than anticipated in 2020

Oil rises 2% on US crude stockpile draw, global manufacturing activity

Brent crude rose 80 cents, or 1.9 per cent

Oil slips below $40 a barrel on record US crude inventories, Covid-19 fears

Investors are waiting to see if the producers, known as OPEC+, extend their record cut beyond July

Brent hits 1-month high, US crude tops $31 on output cuts, easing curbs

US West Texas Intermediate (WTI) crude was up $2.46 or 8.4% at $31.89 per barrel, its highest since mid-March

Crude oil prices surge as demand shows signs of recovery from Covid-19

US crude up 19.7% in the week, Brent adds 5.2 per% after a week of bullish news. Both contracts gain for third straight week

Oil drops 4% to below $30 a barrel as glut grows, output cuts eyed

Signalling a slow recovery in demand, data from the Energy Information Administration showed US crude and distillate inventories rose last week.

Market Ahead, April 23: All You Need To Know Before The Opening Bell

In the earnings department, a total of seven companies including Britannia, Bharti Infratel, and Hathway Cable are scheduled to announce their March quarter results today

The oil glut

The crash in futures may not benefit India

Market Wrap, April 21: Here's all that happened in the markets today

The benchmark indices ended over 3 per cent lower on Tuesday amid collapse in crude oil prices and weak global markets

Weak oil, global cues trigger 1,011-pt Sensex slide; financials worst hit

All that happened in the markets today

Trump's immigration ban: Will it affect Indian IT sector? The story so far

Trump talked about suspending immigration visas, and the H-1B visa, which is more popular among Indian IT professionals, is a non-immigrant visa

Market Ahead, April 21: All You Need To Know Before The Opening Bell

Today, a total of seven companies, including ACC, CRISIL, Den Networks, and ICICI Prudential Life are scheduled to release their March quarter earnings

Covid-19: Oil crashes into negative territory for the first time in history

The May US WTI contract fell $55.9, or 306 per cent, to settle at a discount of $37.63 a barrel after touching an all-time low of -$40.32 a barrel