Business Standard

Page 33 - Crude Oil Price

Yet another oil bonanza for Modi

A 32 per cent jump in oil revenues offers some relief to strained govt finances

Yet another oil bonanza for Modi
Updated On : 06 Oct 2020 | 11:15 PM IST

Oil jumps over 5% on Donald Trump health update, Norway shutdowns

Brent rose $2.02, or 5.1%, to settle at $41.29 a barrel. U.S. West Texas Intermediate (WTI) crude rose $2.17, or 5.9%, to settle at $39.22 a barrel

Oil jumps over 5% on Donald Trump health update, Norway shutdowns
Updated On : 06 Oct 2020 | 2:38 AM IST

Trading strategies for natural gas and lead by Tradebulls Securities

Natural Gas has given sell crossover of 20 and 50 EMA on daily scale

Trading strategies for natural gas and lead by Tradebulls Securities
Updated On : 05 Oct 2020 | 8:59 AM IST

Oil prices claw back 2% after upbeat signals from Donald Trump doctors

Prices had slumped more than 4% on Friday amid uncertainty surrounding Trump's health

Oil prices claw back 2% after upbeat signals from Donald Trump doctors
Updated On : 05 Oct 2020 | 8:57 AM IST

Oil down 3% after Donald Trump gets coronavirus and economies wobble

Brent crude slipped on the Trump news and was down $2.05, or 5.01%, at $38.88 a barrel by 1324 GMT. US oil was down $2.01, or 5.19%, at $36.71

Oil down 3% after Donald Trump gets coronavirus and economies wobble
Updated On : 02 Oct 2020 | 9:48 PM IST

Asian shares shed gains, oil sinks after Trump tests positive for virus

US stock futures and Asian shares fell Friday after President Donald Trump said he and first lady Melania Trump had tested positive for the new coronavirus. The future contracts for both the S&P 500 and the Dow industrials lost 1.9 per cent. Oil prices also slipped. Trump tweeted news of his test results just hours after the White House announced that senior aide Hope Hicks had come down with the virus after travelling with the president several times this week. To say this potentially could be a big deal is an understatement, Rabobank said in a commentary. Anyway, everything now takes a backseat to the latest incredible twist in this US election campaign. Trading in Asia was thin, with markets in Shanghai and Hong Kong closed. The Nikkei 225 index shed strong early gains, losing 0.8 per cent to 22,999.75 after the Tokyo Stock Exchange resumed trading following an all day outage due to a technical failure. Reports that the Japanese government is preparing new stimulus measures t

Asian shares shed gains, oil sinks after Trump tests positive for virus
Updated On : 02 Oct 2020 | 2:11 PM IST

Oil prices drop 3% on weak demand outlook and higher OPEC supplies

Brent crude futures fell $1.37, or 3.2%, to settle at $40.93 a barrel after dropping to a low of $39.92

Oil prices drop 3% on weak demand outlook and higher OPEC supplies
Updated On : 02 Oct 2020 | 7:20 AM IST

Crude oil prices hold steady on hopes for US stimulus agreement

U.S. West Texas Intermediate (WTI) crude futures slipped 1 cent to $40.21 a barrel at 0146 GMT, after jumping 2.4% on Wednesday

Crude oil prices hold steady on hopes for US stimulus agreement
Updated On : 01 Oct 2020 | 8:43 AM IST

Oil gains 1% on economic hope; coronavirus fears check price gains

Brent crude settled at $42.43 a barrel, up 51 cents, or 1.22%

Oil gains 1% on economic hope; coronavirus fears check price gains
Updated On : 29 Sep 2020 | 8:38 AM IST

Oil market: Muddle of contradictions as traders size up prospects for 2020

As prices stick to a narrow range near $40 a barrel, some of the biggest commodity houses, including Vitol Group, Trafigura Group, and Mercuria Energy Group, have diverging views about what's next

Oil market: Muddle of contradictions as traders size up prospects for 2020
Updated On : 29 Sep 2020 | 1:23 AM IST

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

Brent futures settled 17 cents, or 0.4%, higher at $41.94 a barrel, while US WTI crude gained 38 cents, or 1.0%, to end at $40.31

Crude steady as rising European Covid-19 cases offset US oil stock draw
Updated On : 25 Sep 2020 | 8:04 AM IST

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 prices rise over 1% after US crude, fuel stockpiles draw down
Updated On : 23 Sep 2020 | 9:32 PM IST

Barclays raises oil price outlook, expects limited downside to demand view

The bank raised its 2020 Brent and U.S. West Texas Intermediate (WTI) price forecasts by $2 to $43 per barrel and $39, respectively

Barclays raises oil price outlook, expects limited downside to demand view
Updated On : 21 Sep 2020 | 2:41 PM IST

Oil steady as demand worries revive, crews return to US Gulf rigs

rent crude futures gained 5 cents, or 0.1%, to $42.27 a barrel, after climbing 4.2% on Wednesday

Oil steady as demand worries revive, crews return to US Gulf rigs
Updated On : 17 Sep 2020 | 9:15 AM IST

BP says era of oil-demand growth over, may not return to pre-Covid levels

The UK giant is describing a different future, where oil's supremacy is challenged, and ultimately fades

BP says era of oil-demand growth over, may not return to pre-Covid levels
Updated On : 15 Sep 2020 | 1:50 AM IST

Oil prices decline on high inventories, weak US stock markets

The three main US stock indexes were headed for a second-straight weekly decline as recent economic indicators suggest a long and difficult recovery from the pandemic

Oil prices decline on high inventories, weak US stock markets
Updated On : 12 Sep 2020 | 12:30 AM IST

Oil prices fall as growing US stockpiles signal bumpy demand recovery

US West Texas Intermediate (WTI) crude futures fell 24 cents, or 0.63%, to $37.81 a barrel at 0417 GMT, after climbing 3.5% on Wednesday

Oil prices fall as growing US stockpiles signal bumpy demand recovery
Updated On : 10 Sep 2020 | 10:55 AM IST

Oil-related stocks in focus as crude oil prices tumble; ONGC declines 4%

Oil futures fell sharply on Tuesday, with Brent tumbling below $40 a barrel for the first time since June.

Oil-related stocks in focus as crude oil prices tumble; ONGC declines 4%
Updated On : 09 Sep 2020 | 10:11 AM IST

Global Markets: Tech rout roils Asian shares, oil futures extend slump

MSCI's broadest index of Asia-Pacific shares outside Japan slid 1.12%. Australian stocks dropped 2.24%, while shares in China fell 1.16%

Global Markets: Tech rout roils Asian shares, oil futures extend slump
Updated On : 09 Sep 2020 | 9:07 AM IST

Brent crude tumbles below $40 in wake of faltering demand outlook

A stall in Asia's recovery, the end of the US summer driving season and increased supply from the OPEC+ alliance signal a bleak short-term outlook for oil prices

Brent crude tumbles below $40 in wake of faltering demand outlook
Updated On : 08 Sep 2020 | 10:31 PM IST