Business Standard

Page 14 - Crude Oil Price

Oil near six-week low as China readies crude reserve release

Brent crude was up 21 cents, or 0.3%, at $80.49 a barrel at 1511 GMT

Oil near six-week low as China readies crude reserve release
Updated On : 18 Nov 2021 | 10:10 PM IST

Oil at six-week low as China readies crude oil reserve release

Brent crude was down 83 cents, or 1%, to $79.87 a barrel by 0749 GMT, after earlier dropping to $79.28, the lowest since Oct. 7

Oil at six-week low as China readies crude oil reserve release
Updated On : 18 Nov 2021 | 3:16 PM IST

Oil prices at 6-week low as China readies for crude oil reserve release

Brent crude was down 41 cents, or 0.5%, to $79.87 a barrel by 0712 GMT, after earlier dropping to $79.60, the lowest since Oct. 7

Oil prices at 6-week low as China readies for crude oil reserve release
Updated On : 18 Nov 2021 | 1:11 PM IST

Oil prices drop on oversupply warnings, rising Covid-19 cases

Brent crude futures dropped 32 cents, or 0.4%, by 1410 GMT to $82.11 a barrel

Oil prices drop on oversupply warnings, rising Covid-19 cases
Updated On : 17 Nov 2021 | 9:04 PM IST

Oil prices fall on oversupply warnings, rising Covid-19 cases

Brent crude futures dropped 79 cents, or 1%, by 1038 GMT to $81.64 a barrel, erasing Tuesday's 38 cent gain

Oil prices fall on oversupply warnings, rising Covid-19 cases
Updated On : 17 Nov 2021 | 5:17 PM IST

Oil prices slip amid expectations of rise in supply, demand concerns

Oil prices slipped on Tuesday as a rebound in COVID-19 cases in Europe raised concerns over demand amid expectation that supply will rise

Oil prices slip amid expectations of rise in supply, demand concerns
Updated On : 16 Nov 2021 | 9:58 AM IST

Oil prices slide on expectations of higher supply, weaker demand

Brent crude futures fell 96 cents, or 1.2%, to $81.21 a barrel, as of 1036 GMT. U.S. West Texas Intermediate crude lost 73 cents, or 0.9%, to $80.06 a barrel

Oil prices slide on expectations of higher supply, weaker demand
Updated On : 15 Nov 2021 | 5:16 PM IST

Oil on longest weekly run of drops since March amid SPR pressure

President Biden kept investors guessing about whether he'll act to tame oil prices

Oil on longest weekly run of drops since March amid SPR pressure
Updated On : 12 Nov 2021 | 11:55 PM IST

Oil prices on track for weekly dip as dollar continues to gain

US West Texas Intermediate crude futures fell 61 cents, or 0.8%, to $80.98 a barrel at 0749 GMT, reversing Thursday's 25 cent gain

Oil prices on track for weekly dip as dollar continues to gain
Updated On : 12 Nov 2021 | 3:05 PM IST

Oil price hovers near $83 as strong dollar vies with inflation worry

On Thursday, the dollar rose to almost 16-month highs against the euro and other currencies due to bets on interest rate hikes.

Oil price hovers near $83 as strong dollar vies with inflation worry
Updated On : 12 Nov 2021 | 9:01 AM IST

Won't have airlines to board if fare limits are not increased: Scindia

There won't be any airline in India to board if limits on domestic airfares are not increased as oil prices have jumped from USD 22 each barrel to USD 85 in the last eight months, Scindia said

Won't have airlines to board if fare limits are not increased: Scindia
Updated On : 12 Nov 2021 | 2:34 AM IST

Oil approaches $84 as lifting of US travel ban boosts demand

LONDON (Reuters) -Oil rose towards $84 a barrel on Tuesday, gaining for a third session, as the U.S. lifting of travel restrictions and more signs of a global post-pandemic recovery lifted the demand outlook, while supply remained tight.

Oil approaches $84 as lifting of US travel ban boosts demand
Updated On : 09 Nov 2021 | 3:53 PM IST

Oil gains after US infrastructure bill passes, Chinese exports rise

Brent crude was up by 86 cents or 1% at $83.60 a barrel by 0745 GMT, after dropping nearly 2% last week

Oil gains after US infrastructure bill passes, Chinese exports rise
Updated On : 08 Nov 2021 | 1:59 PM IST

Oil prices gain after OPEC+ producers hold firm on supply

Brent crude rose 53 cents or 0.7% to $81.07 a barrel by around 0805 GMT, after falling nearly 2% on Thursday

Oil prices gain after OPEC+ producers hold firm on supply
Updated On : 05 Nov 2021 | 2:17 PM IST

Oil prices rise ahead of OPEC+ meeting; US stocks rise more than expected

Brent futures and US West Texas Intermediate crude pared losses of more than 1%

Oil prices rise ahead of OPEC+ meeting; US stocks rise more than expected
Updated On : 04 Nov 2021 | 4:43 PM IST

World oil prices drops as data shows big build in United State inventory

Brent crude futures fell 71 cents, or 0.9%, to $84.00 a barrel by 0450 GMT, after dropping to a session-low of $83.27 earlier.

World oil prices drops as data shows big build in United State inventory
Updated On : 03 Nov 2021 | 1:51 PM IST

Saudi Aramco sees third-quarter income rise to $30.4 bn on oil price surge

CEO Amin Nasser describes the company's third-quarter results as "exceptional.

Saudi Aramco sees third-quarter income rise to $30.4 bn on oil price surge
Updated On : 31 Oct 2021 | 12:17 PM IST

Oil prices rebound, edge up ahead of next week's OPEC meeting

Brent and US crude oil benchmarks both declined on the week after reaching multi-year highs on Monday

Oil prices rebound, edge up ahead of next week's OPEC meeting
Updated On : 30 Oct 2021 | 3:51 AM IST

Oil prices hit two-week low on Iran talks resuming, US crude build

Brent crude was $1.06, or 1.2%, lower at $83.52 a barrel by 12:31 p.m ET (1631 GMT), having hit a two-week low of $82.32 earlier in the session and falling 2.1% on Wednesday.

Oil prices hit two-week low on Iran talks resuming, US crude build
Updated On : 29 Oct 2021 | 12:19 AM IST

Oil prices drop more than 1% as US crude stockpiles rise sharply

Brent oil futures ended down $1.82, or 2.1%, to $84.58 a barrel, after closing at a seven-year high on Tuesday

Oil prices drop more than 1% as US crude  stockpiles rise sharply
Updated On : 28 Oct 2021 | 2:41 AM IST