Page 18 - Oil Prices

Oil prices drop as US inventories rise, inflation fears at fore

US crude inventories rose by 1 million barrels in the most recent week, short of estimates for a 2.1 million build in crude stocks

Oil gains as supply concerns re-emerge after OPEC+ output plan

Sentiment also gained from data showing US employment rising more than expected in October

Oil prices fall, reversing gains as Saudi TV reports looming output rise

Saudi Arabia has already dismissed calls for speedier oil supply increases from OPEC+. But the Al Arabiya TV report said the Saudis will reach 10 million bpd in December.

Oil falls to near 4-week low after big build in US inventories

Biden blames higher oil and gas prices on OPEC; EIA shows bigger than expected jump in crude inventories

Oil prices slip after industry data shows US inventory build-up

Brent crude futures fell $1.03, or 1.2%, to $83.69 a barrel by 0724 GMT

Global oil demand back above 100 million barrels a day, says BP

Company posts $3.3 billion third-quarter profit, beating estimates as oil prices surge

Oil drops on China fuel reserves release; OPEC+ meeting in view

Brent crude futures dropped 46 cents, or 0.6%, to $83.26 a barrel by 0746 GMT

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 plunges to 2-week low on US inventory shock, rise in Covid-19 cases

Brent crude dropped 94 cents, or 1.1%, to $83.64 a barrel by 0655 GMT

Crude oil prices decline more than 1% as US stockpiles sap rally

With Brent rising for the past eight weeks and WTI climbing for the past 10 weeks, prices are starting to look overbought, analysts said

Sensex slips 207pts on late sell-off; Axis Bank sheds 6%, Bajaj Finance 5%

Stock market LIVE: Broader indices also trimmed gains at close; PSU banking shares were in demand, while private banking shares witnessed selling pressure

Oil benchmarks settle at highest since 2014 on global supply shortage

Analysts expect the latest weekly US oil inventory data to show a 1.9 million-barrel build in crude stocks

Crude oil prices extend gains to multi-year highs on tight supply

Brent crude futures rose by 64 cents, or 0.8%, to $86.17 a barrel by 1105 GMT, following on from last Friday's 1.1% gain.

Oil prices extend gains to multi-year highs on tight supply, fuel demand

Brent crude futures rose by 81 cents, or 1%, to $86.34 a barrel, following on from last Friday's 1.1% gain

Oil cools off highs as leaders' comments reignite Covid-19 fears

Brent still trading near three-year high; WTI set for ninth weekly gain

Inflation, high oil prices temporary; economy opening up: Officials

Inflation driven by high crude oil prices is a temporary phenomenon and the economy is gradually opening with both public and private investments picking up, senior government officials said

Oil rises above $85 a barrel, Brent set for seventh weekly gain

Brent crude futures rose 92 cents, or 1%, to $85.53 a barrel at 1335 GMT, after Thursday's three-year high of $86.10

UBS increases its Brent forecast to $90 a barrel in December-March

Investors with a high risk tolerance can still add exposure to longer-dated Brent oil contracts

Oil prices slip after hitting seven-year high on surprise stockpiles drop

Crude inventories at the key storage hub of Cushing slid by 2.32 million barrels to the lowest level since 2018

Soaring prices dampen consumer mood in India's festival season

Pump prices of petrol and diesel are up nearly 35% from a year ago and cooking gas by more than 50%, severely hitting more than three-quarters of households, economists said