Business Standard

Page 33 - Oil Prices

Oil prices climb after progress on huge US stimulus bill, economic optimism

U.S. West Texas Intermediate (WTI) crude CLc1 futures jumped $1.10, or 1.8%, to $62.60 a barrel

Oil prices climb after progress on huge US stimulus bill, economic optimism
Updated On : 01 Mar 2021 | 7:25 AM IST

Oil drops on dollar strength and OPEC+ supply expectations

NEW YORK (Reuters) - Oil prices fell on Friday as the U.S. dollar rose while forecasts called for crude supply to rise in response to prices climbing above pre-pandemic levels.

Oil drops on dollar strength and OPEC+ supply expectations
Updated On : 27 Feb 2021 | 5:23 AM IST

Oil prices decline as dollar firms up; gold hits eight-month low

Spot gold was trading at 1,729.20 an ounce, down 2.39 per cent, in international market at 9 pm IST - the lowest since June 26 at $1,755.45

Oil prices decline as dollar firms up; gold hits eight-month low
Updated On : 27 Feb 2021 | 1:11 AM IST

Oil prices drop on dollar strength, hopes of rise in OPEC+ supply

Brent crude futures for April, which expire on Friday, fell 74 cents, or 1.1%, to $66.14 a barrel

Oil prices drop on dollar strength, hopes of rise in OPEC+ supply
Updated On : 27 Feb 2021 | 12:33 AM IST

Oil prices retreat from 1-year high alongside global market selloff

Futures in New York fell as much as 0.9 per cent on Thursday with US equities weakening amid concerns that markets could soon face accelerating inflation

Oil prices retreat from 1-year high alongside global market selloff
Updated On : 26 Feb 2021 | 1:56 AM IST

Oil prices rise after data shows slump in US output amid Texas freeze

Gasoline production last week declined as a result of the Texas refinery shutdowns, to 7.7 million bpd

Oil prices rise after data shows slump in US output amid Texas freeze
Updated On : 24 Feb 2021 | 11:34 PM IST

Sebi tightens margin norms for commodities trading to curb negative pricing

The move is a fallout of oil prices slipping into negative territory in the futures market last year

Sebi tightens margin norms for commodities trading to curb negative pricing
Updated On : 24 Feb 2021 | 12:44 AM IST

Russia, Saudi Arabia at odds over output deal ahead of Opec+ meeting

Russian Deputy Prime Minister Alexander Novak has voiced support for a gradual increase in oil output amid improving demand

Russia, Saudi Arabia at odds over output deal ahead of Opec+ meeting
Updated On : 23 Feb 2021 | 2:25 AM IST

Oil prices rise with storm-hit US output set for slow return

Brent crude was up 49 cents, or 0.8%, at $63.40 a barrel by 1330 GMT

Oil prices rise with storm-hit US output set for slow return
Updated On : 22 Feb 2021 | 7:51 PM IST

Central govt looting people: Sachin Pilot on rising fuel prices

Pilot on Monday questioned the silence of BJP leaders on inflation and rising fuel prices

Central govt looting people: Sachin Pilot on rising fuel prices
Updated On : 22 Feb 2021 | 7:48 PM IST

Oil prices rise amid tight supply as US output slowly returns after storm

Brent crude was up 51 cents, or 0.8%, at $63.42 a barrel

Oil prices rise amid tight supply as US output slowly returns after storm
Updated On : 22 Feb 2021 | 6:20 PM IST

Chris Wood sees further rise in bond yields, oil at $100 a barrel

The 10-year and 30-year US Treasury finished at 1.34 per cent and 2.13 per cent, respectively, last week

Chris Wood sees further rise in bond yields, oil at $100 a barrel
Updated On : 21 Feb 2021 | 8:33 PM IST

Oil extends losses as Texas prepares to ramp up output after freeze

Brent crude futures ended the session down $1.02, or 1.6%, at $62.91 a barrel while U.S. West Texas Intermediate (WTI) crude fell $1.28, or 2.1%, to settle at $59.24.

Oil extends losses as Texas prepares to ramp up output after freeze
Updated On : 20 Feb 2021 | 2:46 AM IST

Saudi Arabia plans to increase oil output amid recovery in prices

World's largest oil exporter plans to reverse recent unilateral production cut, signalling confidence in recovery

Saudi Arabia plans to increase oil output amid recovery in prices
Updated On : 19 Feb 2021 | 1:49 AM IST

How an Arctic blast in Texas is fast becoming a global oil market crisis

More than 4 million barrels a day of output -- almost 40 per cent of the nation's crude production -- is now offline

How an Arctic blast in Texas is fast becoming a global oil market crisis
Updated On : 18 Feb 2021 | 4:56 PM IST

Oil jumps $1/bbl as Texas freeze shut production, prompts US output drop

Oil has been supported by OPEC+ supply curbs, Saudi Arabia's additional cuts and hopes of a demand rebound due to COVID-19 vaccinations

Oil jumps $1/bbl as Texas freeze shut production, prompts US output drop
Updated On : 18 Feb 2021 | 6:37 AM IST

Oil mixed over US production fall, possible Saudi output rise

Benchmark Brent crude gained 13 cents, or 0.2%, to $63.48 a barrel at 1442 GMT, while U.S. West Texas Intermediate (WTI) crude fell 18 cents, or 0.3%, to $59.87 a barrel

Oil mixed over US production fall, possible Saudi output rise
Updated On : 17 Feb 2021 | 9:00 PM IST

Oil extends rally on Texas supply disruptions; crude gains 2.2%

US West Texas Intermediate (WTI) crude rose $1.18, or 2%, to $61.23 a barrel

Oil extends rally on Texas supply disruptions; crude gains 2.2%
Updated On : 17 Feb 2021 | 6:48 PM IST

Oil prices soar to their highest in 13 months as market rebalances

Brent crude was up 93 cents, or 1.5%, at $63.36 a barrel

Oil prices soar to their highest in 13 months as market rebalances
Updated On : 15 Feb 2021 | 11:48 PM IST

Oil prices rise on fears of heightened tensions between Saudi Arabia, Yemen

Hopes for more U.S. stimulus and an easing of coronavirus lockdowns helped support the rally, after prices gained around 5% last week

Oil prices rise on fears of heightened tensions between Saudi Arabia, Yemen
Updated On : 15 Feb 2021 | 6:57 AM IST