Business Standard

Page 34 - Crude Oil Price

Oil prices fall as fuel demand concerns grow after end of US driving season

US West Texas Intermediate crude futures fell 76 cents, or 1.9%, to $39.01 per barrel at 0433 GMT, playing catch-up with a drop in Brent prices overnight

Oil prices fall as fuel demand concerns grow after end of US driving season
Updated On : 08 Sep 2020 | 11:46 AM IST

Oil price falls after Saudi cuts rates amid demand uncertainty

West Texas Intermediate US crude skidded 59 cents, or 1.5 per cent, to $39.18 per barrel after hitting $38.55, its lowest since July 10

Oil price falls after Saudi cuts rates amid demand uncertainty
Updated On : 07 Sep 2020 | 10:22 PM IST

Oil drops more than $1 after Saudi price cuts, demand optimism fades

Brent crude was at $41.75 a barrel, down 91 cents or 2.1% by 0000 GMT, after it earlier slid to $41.51, its lowest since July 30

Oil drops more than $1 after Saudi price cuts, demand optimism fades
Updated On : 07 Sep 2020 | 8:14 AM IST

Oil falls 1% on lacklustre demand, set for biggest weekly drop since June

Brent crude fell 44 cents to $43.63 a barrel by 0325 GMT, while U.S. West Texas Intermediate was at $40.94 a barrel, down 43 cents and set for its first weekly drop in five weeks.

Oil falls 1% on lacklustre demand, set for biggest weekly drop since June
Updated On : 04 Sep 2020 | 10:09 AM IST

Oil rises after US inventories draw, optimism of economic recovery

Brent crude futures were up 33 cents at $45.91 a barrel as of 0034 GMT, extending gains into a third day

Oil rises after US inventories draw, optimism of economic recovery
Updated On : 02 Sep 2020 | 9:01 AM IST

Oil prices hold pattern as huge Gulf of Mexico storm shuts output

US West Texas Intermediate crude futures fell 4 cents, or 0.1%, to $43.35 a barrel by 0148 GMT, erasing Wednesday's slight rise

Oil prices hold pattern as huge Gulf of Mexico storm shuts output
Updated On : 27 Aug 2020 | 9:38 AM IST

Brent crude oil prices climb on US output cuts, China trade deal hopes

Brent crude oil futures added 10 cents, or 0.2%, to $45.96 a barrel by 0642 GMT

Brent crude oil prices climb on US output cuts, China trade deal hopes
Updated On : 26 Aug 2020 | 1:10 PM IST

Brent rises on US output cuts ahead of biggest storm threat in 15 years

Brent crude oil futures added 8 cents, or 0.2%, to $45.94 a barrel by 0134 GMT

Brent rises on US output cuts ahead of biggest storm threat in 15 years
Updated On : 26 Aug 2020 | 8:41 AM IST

Petrol price rise for sixth consecutive day, crude oil prices also rise

Petrol prices have been on the rise for the sixth consecutive day on Tuesday, while diesel held on to its price line that it has maintained since July 30

Petrol price rise for sixth consecutive day, crude oil prices also rise
Updated On : 25 Aug 2020 | 10:54 AM IST

Oil prices mixed on storm-driven output cuts, rising Covid-19 cases

Brent crude oil futures added 5 cents, or 0.1%, to $45.18 a barrel by 0055 GMT, while US West Texas Intermediate crude was down 9 cents, or 0.2%, at $42.53 a barrel

Oil prices mixed on storm-driven output cuts, rising Covid-19 cases
Updated On : 25 Aug 2020 | 10:08 AM IST

Oil prices gain as storm shuts US output, progress in Covid-19 treatment

Brent crude was up 32 cents, or 0.7 per cent, at $44.67 a barrel by 0753 GMT. US West Texas Intermediate crude rose 31 cents, or 0.7 per cent, to $42.65

Oil prices gain as storm shuts US output, progress in Covid-19 treatment
Updated On : 24 Aug 2020 | 4:33 PM IST

Oil prices edges up as storms takes aim at Gulf of Mexico; gains capped

Oil producers had shut 58% of the Gulf's offshore oil production and 45% of natural gas production on Sunday

Oil prices edges up as storms takes aim at Gulf of Mexico; gains capped
Updated On : 24 Aug 2020 | 7:45 AM IST

Petrol prices hiked six times in a week, costs Rs 81.35 a litre in Delhi

Petrol prices were raised by 16 paise in Delhi to Rs 81.35 a litre; in Mumbai, it stands at Rs 88.02 a litre

Petrol prices hiked six times in a week, costs Rs 81.35 a litre in Delhi
Updated On : 22 Aug 2020 | 11:32 AM IST

Oil climbs for third straight week, buoyed by producers holding back output

Brent crude futures rose 16 cents, or 0.4%, to $44.07, heading for a weekly rise around 0.5%

Oil climbs for third straight week, buoyed by producers holding back output
Updated On : 21 Aug 2020 | 9:12 AM IST

Oil rises on China's plan to boost US crude imports, OPEC+ compliance

Firmer stock markets and a weaker dollar were also lending support, said Commerzbank analyst Eugen Weinberg

Oil rises on China's plan to boost US crude imports, OPEC+ compliance
Updated On : 18 Aug 2020 | 7:30 AM IST

Oil prices climb over China's plans to ship in large volumes of US crude

Brent crude rose 21 cents, or 0.5 per cent, to $45.01 a barrel by 0023 GMT while US West Texas Intermediate crude was up 27 cents, or 0.6 per cent, to $42.28 a barrel

Oil prices climb over China's plans to ship in large volumes of US crude
Updated On : 17 Aug 2020 | 9:13 AM IST

Privatisation-bound BPCL's net profit almost doubles to Rs 2,076 cr in Q1

Standalone net profit in April-June stood at Rs 2,076.17 crore compared with Rs 1,075.12 crore a year back, the company said in a regulatory filing

Privatisation-bound BPCL's net profit almost doubles to Rs 2,076 cr in Q1
Updated On : 13 Aug 2020 | 7:16 PM IST

Oil prices bolstered by bigger-than-expected drop in US crude stocks

Brent crude was up 15 cents, or 0.3%, at $44.65 a barrel by 0206 GMT, after falling around 1% on Tuesday

Oil prices bolstered by bigger-than-expected drop in US crude stocks
Updated On : 12 Aug 2020 | 12:01 PM IST

OPEC+ has tricky balancing act keeping $40/b oil price floor

There is still a long way to go before Asian demand can be relied upon again

OPEC+ has tricky balancing act keeping $40/b oil price floor
Updated On : 12 Aug 2020 | 8:08 AM IST

Oil firms on US stimulus hopes, Asian demand recovery as economies reopen

Brent crude added 7 cents, or 0.2%, to $45.06 a barrel, as of 0027 GMT. West Texas Intermediate U.S. crude rose 14 cents, or 0.3%, to $42.08 a barrel

Oil firms on US stimulus hopes, Asian demand recovery as economies reopen
Updated On : 11 Aug 2020 | 10:47 AM IST