Business Standard

Page 39 - Oil Prices

Oil climbs for third straight week, buoyed by producers holding back output

Brent crude futures rose 16 cents, or 0.4%, to $44.07, heading for a weekly rise around 0.5%

Oil climbs for third straight week, buoyed by producers holding back output
Updated On : 21 Aug 2020 | 9:12 AM IST

Oil steadies as demand fears due to Covid-19 offset high OPEC compliance

Brent crude futures rose 9 cents to settle at $45.46 a barrel. US West Texas Intermediate (WTI) crude futures ended unchanged at $42.89 a barrel

Oil steadies as demand fears due to Covid-19 offset high OPEC compliance
Updated On : 19 Aug 2020 | 7:59 AM IST

Oil slips below $45 on rising supply, demand doubts due to Covid-19

Two prominent forecasters, the International Energy Agency and the Organization of the Petroleum Exporting Countries, trimmed their 2020 oil demand forecasts this week

Oil slips below $45 on rising supply, demand doubts due to Covid-19
Updated On : 14 Aug 2020 | 8:18 PM IST

OPEC trims oil demand in 2020; recovery doubtful in 2021 on Covid-19

World oil demand will fall by 9.06 million barrels per day (bpd) this year, the Organization of the Petroleum Exporting Countries said in a monthly report

OPEC trims oil demand in 2020; recovery doubtful in 2021 on Covid-19
Updated On : 12 Aug 2020 | 8:10 PM IST

Oil prices bolstered by bigger-than-expected drop in US crude stocks

Brent crude was up 15 cents, or 0.3%, at $44.65 a barrel by 0206 GMT, after falling around 1% on Tuesday

Oil prices bolstered by bigger-than-expected drop in US crude stocks
Updated On : 12 Aug 2020 | 12:01 PM IST

OPEC+ has tricky balancing act keeping $40/b oil price floor

There is still a long way to go before Asian demand can be relied upon again

OPEC+ has tricky balancing act keeping $40/b oil price floor
Updated On : 12 Aug 2020 | 8:08 AM IST

Oil firms on US stimulus hopes, Asian demand recovery as economies reopen

Brent crude added 7 cents, or 0.2%, to $45.06 a barrel, as of 0027 GMT. West Texas Intermediate U.S. crude rose 14 cents, or 0.3%, to $42.08 a barrel

Oil firms on US stimulus hopes, Asian demand recovery as economies reopen
Updated On : 11 Aug 2020 | 10:47 AM IST

Oil prices slip on uncertainty over US recovery, stimulus, rising Covid-19

WTI and Brent are both set for weekly gains of at least 4%, the most for the two benchmark contracts since the week ending July 3

Oil prices slip on uncertainty over US recovery, stimulus, rising Covid-19
Updated On : 07 Aug 2020 | 9:43 AM IST

Oil prices under five-month highs on weaker dollar, low US crude inventory

Brent crude fell 7 cents to $45.10 a barrel by 0802 GMT, while US crude was down 25 cents at $41.94

Oil prices under five-month highs on weaker dollar, low US crude inventory
Updated On : 06 Aug 2020 | 2:26 PM IST

Oil prices at five-month high on big drop in US crude stocks, weak dollar

Brent crude was up $1.50, or 3.4 per cent, at $45.93 a barrel

Oil prices at five-month high on big drop in US crude stocks, weak dollar
Updated On : 05 Aug 2020 | 7:56 PM IST

Oil rebounds with equities offsetting the return of Opec+ supply

The market is looking for its next clear signal, with a slew of mixed data pressuring it on either side

Oil rebounds with equities offsetting the return of Opec+ supply
Updated On : 04 Aug 2020 | 11:54 PM IST

Oil prices steady near $40 a barrel with Opec+ unwinding output cuts

Oil has been stuck in a narrow band since June, with rising virus infections in many countries increasing concerns about a renewed hit to the global economy

Oil prices steady near $40 a barrel with Opec+ unwinding output cuts
Updated On : 03 Aug 2020 | 10:27 PM IST

Oil prices up on positive economic data, but Covid-19 pandemic fears weigh

A survey showing manufacturing activity across the euro zone expanded last month for the first time since early 2019 and positive manufacturing data in Asia also boosted oil

Oil prices up on positive economic data, but Covid-19 pandemic fears weigh
Updated On : 03 Aug 2020 | 9:52 PM IST

Oil prices fall on fears about economic fallout from rising Covid-19 cases

Coronavirus cases continued to surge in the United States and stood at almost 18 million globally

Oil prices fall on fears about economic fallout from rising Covid-19 cases
Updated On : 03 Aug 2020 | 3:31 PM IST

ATF price hiked 3 pc; no change in LPG, petrol, diesel rates

ATF prices are revised on 1st and 16th of every month based on average of benchmark international price and foreign exchange rate in the preceding fortnight

ATF price hiked 3 pc; no change in LPG, petrol, diesel rates
Updated On : 01 Aug 2020 | 12:20 PM IST

The joker in the pack

Government's fiscal headroom is crucially linked to a realistic assessment of its net revenue collection

The joker in the pack
Updated On : 31 Jul 2020 | 11:12 PM IST

Oil set for fragile recovery as economies limp towards normalcy: Survey

The poll projected global demand to contract by between 7.2 and 8.5 million barrels per day (bpd) this year, versus last month's 6.5-8.7 million bpd prediction

Oil set for fragile recovery as economies limp towards normalcy: Survey
Updated On : 31 Jul 2020 | 6:25 PM IST

Oil prices slide as surge in Covid-19 cases weighs on demand outlook

US West Texas Intermediate crude futures were down 70 cents, or 1.7 per cent, at $40.57 a barrel

Oil prices slide as surge in Covid-19 cases weighs on demand outlook
Updated On : 30 Jul 2020 | 10:08 PM IST
Updated On : 28 Jul 2020 | 5:24 PM IST

Situation not as bad as it is being made out to be: Economic affairs secy

Bajaj also said the financial services secretary was examining a plan of bank recapitalisation

Situation not as bad as it is being made out to be: Economic affairs secy
Updated On : 27 Jul 2020 | 6:04 AM IST