Page 23 - Oil Prices

Oil slides as US crude drawdown faces Covid-19 surge, firmer dollar

Oil prices dipped slightly on Wednesday after four straight days of declines, as investors remain worried about the outlook for fuel demand

Oil prices fell more than 1% as Delta surge clouds fuel demand outlook

Brent crude was down 80 cents, or 1.1%, at $69.79 a barrel by 0046 GMT, after edging lower last week

IEA cuts oil demand outlook on coronavirus, sees surplus in 2022

It's a marked reversal for the Paris-based agency, which just a month ago was urging the Opec+ alliance to open the taps or risk a damaging spike in prices

Oil prices steady after US call for more oil raises supply concerns

SINGAPORE (Reuters) - Oil prices were steady on Thursday following two days of gains after a call from the United States, the world's top oil consumer, for major producers to boost output reinforced supply concerns as economies ease their coronavirus restrictions.

Oil rebounds after White House says not calling for US output hike

Oil gained Wednesday, changing course after Biden administration said it would not call on US producers to increase crude output, and that efforts to increase OPEC production were a longer-range plan

Oil prices hold above $70 as United States demand eases Delta fears

Brent crude fell 9 cents, or 0.1%, to $70.54 a barrel at 0915 GMT, following a 2.3% rally on Tuesday

Oil prices up 3%; forecast for better US fuel demand feeds rebound

Oil prices rose 3% on Tuesday, rebounding from recent losses on signs of rising fuel demand in the United States despite a surge in Covid-19 cases

Oil recovers from three-week low amid surge in Delta variant infections

(Refiles to add dropped number in second paragraph - $67.47, not $7.47)

Oil prices slide to 3-week low on China's virus curbs, strong dollar

A United Nations panel's dire warning on climate change added to the gloomy mood after fires in Greece have razed homes and forests and parts of Europe suffered deadly floods last month

Oil prices drop 4% on China's Covid restrictions and climate warning

Brent crude futures fell by $2.82, or 4.2%, to $67.88 a barrel by 0930 GMT after a 6% slump last week for their biggest weekly loss in four months.

Oil slides on China's travel curbs amid Covid-19, strengthening US dollar

MELBOURNE (Reuters) - Oil prices fell nearly 2% on Monday, extending last week's steep losses on the back of a rising U.S. dollar and concerns that new pandemic curbs in Asia, especially China, may set back the global recovery in fuel demand.

Commodity markets on tenterhooks as Delta outbreak rattles China

Fears over the more infectious variant helped drive US crude below $70 a barrel this week

Oil prices steady, but set for big weekly loss on demand worries

Oil prices were steady on Friday, but on track for steep weekly declines on concerns over the impact on fuel demand from travel restrictions to curb spread of Covid-19

Wall Street pushes US stocks, oil prices higher on promising data

US stocks and oil prices rebounded as unemployment claims declined and the trade deficit widened, positive economic data in the face of rising Covid-19 cases and signals of declining Fed stimulus

Oil prices rise on Mideast tensions; crude stock build caps gains

Brent crude oil futures rose by 14 cents, or 0.2%, to $70.52 a barrel by 0132 GMT, while U.S. West Texas Intermediate (WTI) crude futures increased by 18 cents, or 0.3%, to $68.33 a barrel

Petrol, diesel prices unchanged; here are the prices in your city today

In New Delhi, petrol is selling at Rs 101.84 per litre. In Mumbai, the price stands at Rs 107.83

Saudi Arabia's Aramco raises Asia, US oil prices in sign demand seen rising

Many analysts and traders see the latest Covid-19 flare-ups as a short-term hit to oil demand

Oil prices fall as coronavirus Delta variant spread weighs

US, China are grappling with rapidly spreading outbreaks of the highly contagious Delta variant that analysts fear will limit fuel demand at a time when it traditionally rises in both countries.

Oil rises as markets expect continuous fall of inventories

Oil rose on expectation of a continuous decline in US oil inventories, recouping some losses from the previous session due to concern over rising cases of Delta Covid variant.

Oil prices hit by concern over Chinese economy and higher supply

China's factory activity growth slipped sharply in July as demand contracted for the first time in more than a year