Page 24 - Oil Prices

Oil prices slump 4% on concerns over demand and OPEC supply boost

NEW YORK (Reuters) -Oil prices tumbled about 4% on Monday as weak economic data from China and the United States, the world's top oil consumers, and higher crude output from OPEC producers stoked fears of weakness in oil demand and oversupply.

Oil prices fall on worries over China economy and higher crude output

Oil prices fell on Monday on worries over China's economy after a survey showed growth in factory activity slipped sharply in the world's second-largest oil consumer

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

Oil prices slip but remain near $75 after large inventory drawdown

Brent crude oil futures fell 5 cents, or 0.1%, to $74.69 a barrel by 0108 GMT while US West Texas Intermediate (WTI) crude oil futures slipped by 4 cents, or 0.1%, to $72.35 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

Oil settles near $75; sharp US inventory drop counters coronavirus worry

Oil settled near $75 a barrel on Wednesday after data showed US crude inventories fell more sharply than analysts had forecast

Oil prices climb as US crude supplies tumble in peak demand season

Futures rose as much as 1.3 per cent in New York on Wednesday

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

Oil prices steady in undersupplied market but virus clouds demand

Oil prices were steady on Monday as the spread of the Covid-19 Delta variant stoked fears over future fuel demand, though crude supply looks set to be tight through the rest of the year

Oil prices little changed, coronavirus, floods threaten demand

SINGAPORE (Reuters) - Oil prices were little changed on Monday as investors balanced concerns about fuel demand from the spread of COVID-19 variants and floods in China against expectations of tight supplies through the rest of the year.

Oil prices slip but set to end week steady on tight supply

LONDON (Reuters) -Oil slipped further below $74 a barrel on Friday but was on track to end the week little changed after a surprising recovery from Monday's slide, underpinned by expectations that supply will remain tight as demand recovers.

Oil prices keep overnight gains as demand hopes offset US stock build

Oil prices held on to most of their gains from the previous session on Thursday, as signs of stronger demand helped offset an unexpected rise in US inventories

Oil prices retreat on unexpected build-up in US crude inventories

Oil prices fell on Wednesday after an industry report showed an unexpected build-up in US oil inventories last week

Oil steadies after rout on rising Covid-19 cases, OPEC+ supply deal

Oil prices stabilised on Tuesday after slumping around 7% in the previous session amid a broader market retreat led by concerns about a resurgence of Covid-19 infections

Oil slumps 6% amid OPEC+ deal to boost supply, rising COVID cases

Brent crude lost $4.23, or 5.8%, at $69.36 a barrel by 11:08 a.m. EDT (1508 GMT).

Oil prices fall more than 1% after OPEC+ agrees to boost supply

Brent crude was down $1, or 1.4%, at $72.59 a barrel by 0037 GMT, after falling nearly 3% last week

OPEC+ agrees to boost oil output after Saudi Arabia, UAE end standoff

OPEC+ ministers agreed on Sunday to boost oil supply from August to cool prices which have climbed to 2-1/2 year highs as the global economy recovers from the coronavirus pandemic

OPEC+ meets to agree quick oil supply boost to address soaring prices

OPEC+ ministers are meeting on Sunday in another attempt to agree a quick oil supply boost to address soaring prices as the global economy recovers from the coronavirus pandemic

Covid resurgence, OPEC supplies hike could come to India's aid

The increase in Covid cases globally have made the oil market uncertain as it has the potential to erode demand quickly

OPEC+ plans new oil output policy meeting on Sunday, says report

Sunday's meeting will be held virtually as have all such discussions since last year