Page 12 - Crude Oil Price

Oil rises 1% ahead of OPEC meeting under Omicron variant cloud

Brent crude futures gained $1.01, or 1.5%, to $70.24 a barrel, after a 3.9% slump on Tuesday

Oil slumps on Omicron fears; posts biggest monthly fall in 20 months

Crude futures ended November with their biggest monthly declines since the outset of the pandemic

Stocks, oil slide as Omicron worries push investors to safe havens

Global stock benchmarks and oil prices fell sharply after drugmaker Moderna warned that existing vaccines are unlikely to be as effective against the new coronavirus variant

OPEC+ begins two days of talks amid oil rout, fears for Omicron variant

Oil prices fell to near $70 a barrel on Tuesday from as high as $86 in October.

Oil slides, yen gains as Omicron worries push investors to safe havens

NEW YORK (Reuters) - Oil prices slid and global stock benchmarks fell Tuesday after a warning from drugmaker Moderna that existing vaccines are unlikely to be effective against the new coronavirus variant pushed investors into safe havens such as Treasury bonds and the yen.

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

Oil rebounds to $76 on speculation Omicron-related drop overdone

Brent crude was $3.41, or 4.7%, higher at $76.13 by 0920 GMT, after sliding $9.50 on Friday

Stocks, oil rebound as calm returns after Omicron variant hit

European shares and U.S. stock futures firmed, oil prices bounced more than $3 a barrel

Oil prices rebound on speculation OPEC+ may pause output increase

Prices jumped over 4%, recovering some ground after plunging more than 10% in the previous trading session

Omicron threatens oil demand recovery, already hit by Europe's rising cases

Governments worldwide imposed travel curbs on travellers from southern Africa during the weekend to limit the spread of Omicron, first detected in South Africa

India fuel prices will fall if 'international rates' sustain: Report

Global benchmark Brent crude oil prices remained largely range bound at around USD 80 to 82 per barrel, levels during November (till November 25)

Oil settles down $10 per barrel in largest daily drop since April 2020

Oil fell with global equities markets on fears the variant, could dampen economic growth and fuel demand

Joe Biden sets out oil, gas leasing reform; stops short of ban

The long-awaited report by the Interior Department stops short of recommending an end to oil and gas leasing on public lands

Oil producers cannot hold consumers to ransom, says Hardeep Singh Puri

Puri blamed the key producers for keeping supplies lower than demand

Oil prices dip, focus on OPEC+ response to US-led oil release

Brent crude futures had slipped 8 cents, or 0.1%, to $82.17 a barrel by 1:02 p.m. ET (1802 GMT)

China non-committal about release of oil from its reserves on US request

US President Joe Biden's administration announced plans to release millions of barrels of oil from strategic reserves in coordination with other large consuming nations

US to sell 32 million barrels of mostly sour crude from 4 SPR sites

The sale of SPR oil, which is mainly blended sour crude, is expected to depress the value of U.S. sour crude Mars and benefit buyers in Asia which processes mainly high-sulphur oil

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

Brazil's Petrobras ups investment plan to $68 bn, lowers output forecast

By 2026, Petrobras said it sees oil production of 2.6 million barrels per day.

Biden White House wades into oil market management with stockpile release

Release marks the first coordinated release with consuming nations outside the auspices of the West's energy watchdog, the International Energy Agency.