Page 28 - Oil Prices

Oil climbs on signs of strong fuel demand recovery in western economies

Brent crude futures were up 32 cents, or 0.4%, at $72.54 a barrel at 0640 GMT, having earlier touched $72.83, the highest since May 20, 2019.

Oil prices rise for second day on signs of strong fuel demand recovery

Brent crude futures were up 15 cents, or 0.2%, at $72.37 a barrel at 0131 GMT and earlier rose to $72.58, the highest since May 20, 2019. Brent rose 1% on Tuesday

Oil prices extend losses on profit taking and a stronger US dollar

Brent crude was down 37 cents, or 0.5%, at $71.12 a barrel by 1335 GMT

Oil prices retreat as investors await Iran nuclear talks this week

Brent crude futures for August fell 66 cents, or 0.9%, to $71.23 a barrel by 0645 GMT, after earlier hitting $72.27, their highest since May 2019

A monetary policy of continuity with change

This time, RBI's rate-setting body is not only talking about sustaining growth but also reviving it

Petrol crosses Rs 100/litre mark in Leh, Andhra Pradesh, Telangana

After Rajasthan, Madhya Pradesh and Maharashtra, petrol price has crossed the Rs 100 per litre mark in Leh, in nearly all districts of Andhra Pradesh and parts of Telangana

Saudis raise oil prices for Asian customers as market tightens in Covid-19

The kingdom sends more than 60% of its exports to Asia, with China, India, South Korea and Japan being the biggest buyers.

Oil steady after sharp rise on improved fuel demand picture

Brent crude futures were up 16 cents, or 0.22%, at $71.51 a barrel by 1244 GMT after touching their highest since September 2019 at $71.99. The international benchmark had gained 1.6% on Wednesday

Gold is in overbought zone, trade cautiously: Bhavik Patel of Tradebulls

Gold's next move is expected on Friday when the US Labor Department releases its non-farm payrolls report for May

Oil extends gains on OPEC+ supply discipline and demand prospects

Brent rose 84 cents, or 1.2%, to $71.09 a barrel at 1011 GMT.

At Rs 105.52 a litre, faraway depots make Sri Ganganagar's petrol costliest

High VAT, freight costs push petrol up to Rs 105.52/ litre, diesel Rs 98.32/ litre

Oil prices steady as Iran supply concerns offset demand outlook

Brent crude was down 16 cents, 0.2%, to $69.30 a barrel by 0809 GMT

Oil rallies above $67 as demand optimism outweighs Iran supply concerns

Investors wager that progress in combating the Covid-19 pandemic will spur energy consumption.

Oil slips on possible return of Iranian supply as nuclear talks progress

Brent crude fell 44 cents, or 0.6%, to $68.43 a barrel at 0220 GMT, erasing Wednesday's gain of 22 cents. Brent has traded between $68 and $69 for most of this week

Oil steady with investors focusing on possible return of Iranian supply

Oil prices were steady on Wednesday as concerns a possible resumption in Iranian supply would cause a glut were offset by hopes for stronger US fuel demand after a drop in weekly inventory estimates

Oil prices steady near week high as prospect of Iran supply glut wanes

Brent crude futures were down 6 cents at $68.40 a barrel by 0039 GMT, having jumped 3% on Monday. US West Texas Intermediate futures fell 8 cents to $65.97 a barrel

Markets underestimating oil demand; see Brent at $80: Goldman Sachs

International travel, according to Goldman Sachs is another key factor that is likely to trigger a demand rise, which in turn will keep oil prices elevated

Oil prices regain some losses amid potential Iran hitch; GS bullish

Oil prices rose on Monday as a potential snag emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, while Goldman Sachs said the case for higher prices remains intact

Oil prices rise as storm forms in Gulf, doubts emerge on Iran deal

Brent crude oil futures for July rose 32 cents, or 0.5%, to $66.76 a barrel by 0143 GMT, while U.S. West Texas Intermediate for July was at $63.93 a barrel, up 35 cents, or 0.6%

Oil nudges up, set for biggest weekly loss since March on Iran supplies

Brent crude futures for July rose 10 cents, or 0.2%, to $65.21 a barrel by 0032 GMT while U.S. West Texas Intermediate for July was at $62.16 a barrel, up 22 cents, or 0.4