Page 27 - Oil Prices

Oil prices edge up on strong demand, pause in Iran nuclear talks

Brent crude futures for August gained 30 cents, or 0.4%, to $73.81 a barrel by 0051 GMT, while U.S. West Texas Intermediate (WTI) crude for July was at $71.96 a barrel, up 32 cents, or 0.5%

Oil marketing companies again resort to alternate day fuel price revision

On Thursday, OMCs kept retail price of petrol and diesel unchanged.

Oil falls below $72 a barrel following Fed's tilt towards tightening policy

A rise in the dollar reduces the appeal of commodities priced in the currency

Brent gains for fifth day as demand outlook improves, stocks fall

Brent crude was up 66 cents, or 0.9%, at $74.65 a barrel by 0445 GMT, the highest since April 2019

Oil bulls take charge as demand outlook improves, Brent up a fifth day

U.S. crude gained 66 cents, or 0.9%, to $72.78 a barrel, after rising 1.7% in the previous session

Major traders see oil staying above $70/ barrel, $100 not impossible

Oil prices crashed in April last year when the Covid-19 movement restrictions hit their peak with the U.S. crude benchmark turning negative for the first time.

Oil up nearly 2% to multi-year highs on demand expectations

By Stephanie Kelly

Oil trades at multi-year highs on demand expectations H2CY21 onwards

OPEC+ producers have been gradually relaxing record output curbs in recent months.

Explained: Why is India losing sleep over record high vegetable oil prices?

The government is considering reducing taxes on vegetable oil imports after cooking oil prices hit record highs last month

Oil prices rise as threat of immediate extra supply from Iran recedes

Oil prices rose on Tuesday, with Brent gaining for a fourth consecutive session

Oil prices rise to over two-year high as demand improves, supplies tighten

U.S. West Texas Intermediate rose 27 cents to $71.18 a barrel. It hit a session high of $71.78 a barrel, its highest since October 2018.

Oil prices extend 3-week gains as demand outlook improves, supplies tighten

Oil prices rose on Monday, extending three weeks of gains that have been underpinned by an improved outlook for fuel demand

Oil holds near multi-year highs amid demand recovery ahead of Fed meeting

Oil prices held near multi-year highs on Monday, underpinned by an improved outlook for demand as increased Covid-19 vaccinations help lift travel curbs

OPEC+ will need to boost output to meet 2022 demand recovery: IEA

The IEA shocked the energy industry with its "Net Zero by 2050" report on May 18

Oil rally has more room, Brent expected to hit $80 per barrel: Goldman

US investment bank Goldman Sachs expects Brent crude prices to reach $80 per barrel this summer, betting that a recent oil market rally will continue

Oil prices retreat, but heads for third weekly rise on demand recovery

Brent crude futures fell 16 cents, or 0.22%, to $72.36 a barrel at 0558 GMT, after closing at its highest since May 2019 on Thursday

Oil trims gains, but heads for third weekly rise on demand recovery

Brent crude futures fell 23 cents, or 0.3%, to $72.29 a barrel at 0145 GMT, reversing most of Thursday's climb to its highest close since May 2019

Oil prices hits two-year highs on rising economic demand expectations

Brent futures rose 30 cents, or 0.4%, to settle at $72.52 a barrel, while U.S. West Texas Intermediate (WTI) crude rose 33 cents, or 0.5%, to end at $70.29

Oil prices rebound after knock from United States driving season data

Brent crude oil futures were up 18 cents, or 0.25%, at $72.40 a barrel by 1024 GMT,

Trading strategies for nickel and copper by Tradebulls Securities

Nickel has made 'harami' candlestick formation after sharp red candle, indicating selling momentum has subsided