Page 34 - Oil Prices

Deep freeze sends natural gas soaring to record $600 in Oklahoma

Heating and power plant fuel traded for as much as $195 per mmBtu in Southern California

India is Asia's best post-Covid recovery story: Chris Wood

Rising inflation expectations, Wood believes, is one of the reasons that will boost cyclical trades going ahead, and the best way to play this is via bank and oil-related stocks

Oil prices drop after strong rally as new Covid-19 variants weigh

The Brent benchmark had risen in the previous nine sessions, its longest sustained period of gains since January 2019

Oil prices hit its highest in a year on economic recovery hopes, OPEC+ cuts

Brent crude was up 72 cents, or 1.2%, at $59.56

Oil prices reach highest in a year on US growth optimism, supply restraint

Brent crude futures climbed 45 cents, or 0.8%, to $59.28 a barrel, after hitting a high of $59.32, its highest since Feb. 20 last year. Brent is on track to rise 6% this week

Oil pares gains after hitting new highs on tightening OPEC supplies

Brent crude gained 17 cents to $58.63 a barrel

OPEC+ sticks with oil policy as prices rise towards one-year high

Oil prices extended gains on Wednesday after the meeting ended and benchmark Brent crude traded as high as $58.74 a barrel, the highest since late February 2020

Oil treads warily higher amid patchy vaccine rollouts, new Covid variant

Oil prices edged higher after a weak start, holding on to the past three months of gains, although patchy vaccine rollouts, new infections and the discovery of new variants are keeping a lid on prices

Oil steadies at $55.89 a barrel as Covid-19-induced demand worries persist

Brent crude futures were up 8 cents, or 0.1%, at $55.89 a barrel by 1331 GMT, having hit a session low of $55.31

Oil prices tick up with European shares amid Saudi blast reports

Brent crude was up 32 cents, or 0.6%, at $56.20 by 1433 GMT, while US crude rose 22 cents, or 0.4%, to $52.99.

Oil prices edge lower amid doubts over US stimulus, rising Covid cases

Brent crude was down 15 cents at $55.73 by 0135 GMT, having risen nearly 1% on Monday. U.S. crude was also lower, dropping 5 cents to $52.72 oil is caught between lingering doubts over any recovery in

Beyond Budget Headlines: Oil sector may come to the govt's rescue this year

Oil prices fall for second session as Covid lockdown concerns cast pall

Brent crude futures for March fell 15 cents, or 0.3%, to $55.26, while U.S. West Texas Intermediate crude for March was at $52.19 a barrel, down 8 cents, or 0.2%

Oil up 1% on stimulus hopes, tightening market ahead of Biden inauguration

Brent crude was up 53 cents, or 1%, at $56.43 a barrel

Indices end at record closing; Sensex up 394 pts at 49,792, Nifty at 14,645

Sectorally, all except Nifty FMCG index ended the day in the green on the NSE with the FMCG index closing down 0.16 per cent

Oil drops over 2% on China lockdowns due to outbreak, US unemployment data

Both benchmarks, which hit their highest in nearly a year earlier in the week, were are heading for their first weekly declines in three weeks

Oil prices mixed as lockdowns in Chinese cities raise questions on demand

Oil prices were mixed as strong import data from China, the world's biggest crude importer, that boosted sentiment earlier ran into concerns about Chinese cities in lockdown due to coronavirus

Oil prices ease as Covid surge, lockdowns outweigh Chinese, US data

Brent's six-month backwardation, whereby contracts for later delivery are cheaper, fell to its lowest since Jan. 5, indicating bullish sentiment easing

Oil prices fall after earlier gains as rising global Covid-19 cases

The next milestone for Brent prices is a rise above $60, a level not seen since late January 2020.

Oil hits 11-month high near $57 a barrel on tight supply expectations

Saudi Arabia plans to cut output by an extra 1 million barrels per day (bpd) in February and March to keep inventories in check