Page 22 - Crude Oil Price

Brent oil benchmark hits 2-year high, WTI crude highest since 2018

Brent crude futures were up 44 cents, or 0.6%, at $72.66 a barrel at 1338 GMT, having earlier touched $72.83, the highest since May 20, 2019.

Oil prices rise for second day on signs of strong fuel demand recovery

Brent crude futures were up 15 cents, or 0.2%, at $72.37 a barrel at 0131 GMT and earlier rose to $72.58, the highest since May 20, 2019. Brent rose 1% on Tuesday

Price of crude oil moving above $70 per barrel a concern: Analysts

Analysts assess current global demand for crude oil at 94 million barrels per day, around 6 mbpd lower than pre-pandemic levels.

Oil dips on profit-taking after logging two-year high on OPEC+ curbs

NEW YORK (Reuters) - Oil prices pulled back on Monday after touching two-year highs on expectations of improved demand and OPEC producers keeping supply curbs in place.

A monetary policy of continuity with change

This time, RBI's rate-setting body is not only talking about sustaining growth but also reviving it

Oil steady after sharp rise on improved fuel demand picture

Brent crude futures were up 16 cents, or 0.22%, at $71.51 a barrel by 1244 GMT after touching their highest since September 2019 at $71.99. The international benchmark had gained 1.6% on Wednesday

Oil extends gains on OPEC+ supply discipline and demand prospects

NEW YORK (Reuters) - Oil rose more than 1% on Wednesday, supported by a decision by OPEC and its allies to stick to its plan to gradually restore supply, along with the slow pace of nuclear talks between Iran and the United States.

Asian Paints, Berger Paints: Can rising crude oil prices dent sentiment?

Shares of Asian Paints and Berger Paints India hit their respective record highs on the BSE in May

At Rs 105.52 a litre, faraway depots make Sri Ganganagar's petrol costliest

High VAT, freight costs push petrol up to Rs 105.52/ litre, diesel Rs 98.32/ litre

OPEC wins, the West loses

Judges, investors force oil firms towards low-carbon future

OMCs pay 73% higher excise duty even as crude oil prices decline

The top four OMCs paid all-time high excise duty of Rs 2.87 trn in FY21, up from Rs 1.66 trn in FY20

Oil prices little changed as Iran concerns offset rosy demand outlook

Brent crude futures for July fell 9 cents, 0.1%, to $69.37 a barrel, while US West Texas Intermediate crude for July was at $66.90 a barrel, up 5 cents, or 0.1%

Oil stocks are the best cyclical, economy reopening bet: Chris Wood

Global markets, according to a note by Goldman Sachs, are currently underestimating the demand for oil

Brent nudges towards $70 a bbl on rosy US data, oil demand outlook

US inflation data will be released later in the day on Friday

Oil steadies on stronger demand outlook as US inventories decline

Brent rose 16 cents, or 0.2%, to $68.81 a barrel by 11:20 a.m. EDT (1520 GMT), and US West Texas Intermediate (WTI) crude was up 11 cents, or 0.2%, at $66.18 a barrel

Oil prices steady as demand optimism offsets worries of Iranian supply

Brent rose 13 cents, or 0.2%, to $68.78 a barrel by 0928 GMT

Markets underestimating oil demand; see Brent at $80: Goldman Sachs

International travel, according to Goldman Sachs is another key factor that is likely to trigger a demand rise, which in turn will keep oil prices elevated

Oil marketing firms: Gross refining margin, demand remain under pressure

Q4 numbers were boosted by inventory gains

Oil prices up over $1 as potential snag emerges in reviving Iran deal

Former President Donald Trump withdrew the United States from the deal in 2018 and re-imposed sanctions.

Oil to stay below $70 per barrel if Iran sanctions lifted, says HPCL

India, the world's third largest oil consumer and importer, halted oil imports from Tehran in 2019 as a temporary waiver granted to some countries expired