Rising coronavirus cases, especially in Europe, are keeping gold supported, more so because of the possible economic fallout
A historic crash in oil prices along with a glut of fracking after years of debt-fueled growth has triggered a crisis that's driven some US producers into bankruptcy
India aims to more than double its gas consumption by 2030
Brent was down 99 cents, or 2.37 per cent, at $40.78 by 8.28 pm IST. US West Texas Intermediate (WTI) dropped $1.13, or 2.84 per cent, to $38.72. Both contracts fell almost 2.5% last week
Brent fell 2.7% last week and WTI dropped 2.5%
Saudi Arabia regained the top spot in China's oil purchases last month after losing that rank to Russia for the previous two months, data showed
U.S. West Texas Intermediate (WTI) crude futures fell 27 cents, or 0.7%, to $39.76 a barrel at 0127 GMT, after skidding 4% on Wednesday
Brent crude futures settled at $41.73 a barrel, down $1.43, or 3.3 per cent
Crude inventories rose by 584,000 barrels in the week to Oct. 16 to 490.6 million barrels, data from industry group the American Petroleum Institute (API) showed
Adding to pressure, worldwide COVID-19 cases crossed 40 million on Tuesday, with some parts of Europe imposing renewed lockdown measures
"I think quarter two, 2021 will be more attractive to every aspect of our business," Ihsan Abdul Jabbar told the CWC Iraq Petroleum conference
Brent crude futures fell 30 cents, or 0.7%, to $42.32 a barrel by 0149 GMT, after falling 31 cents on Monday
Oil markets climbed for a third day despite a resurgence in Covid-19 infections across Europe potentially denting fuel demand
On the daily scale, Zinc has witnessed a crossover of 20 and 50 EMA, suggesting fresh sign of bullishness
Brent crude futures for December fell by 8 cents, or 0.2%, to $42.37 a barrel by 0142 GMT while US
Brent crude for December fell 32 cents, or 0.8%, to $42.53 a barrel by 0347 GMT and US West Texas Intermediate for November was at $40.30 a barrel, down 30 cents, or 0.7%
The National Oil Corp., Libya's state energy company, lifted force majeure on the western deposit of Sharara and instructed its operator to resume production, according to a statement on Sunday
Crude oil has made 'Piercing line' candlestick pattern on daily scale, which has bullish implementation
Brent crude futures were down $1.05, or 2.5 per cent, to $41.60 a barrel by 7.33 pm (IST) and US West Texas Intermediate (WTI) crude declined $1.19, or 2.9 per cent, to $39.48
US West Texas Intermediate crude oil futures fell 87 cents, or 2.1%, to $39.80 a barrel by 0104 GMT while Brent crude futures fell by 74 cents, or 1.7%, to $41.91 a barrel