Page 6 - Brent Crude Oil

Brent near $80 a barrel as market shrugs off Omicron variant

Omicron-induced staff shortages led to thousands of flights cancellations over the Christmas weekend in the US

Oil price rises as investors focus on OPEC+ decision amid Omicron fears

Brent crude futures rose 85 cents, or 1.2%, to $69.72 by 0402 GMT, having eased 0.5% in the previous session

Oil prices slide on expectations of higher supply, weaker demand

The fall came after UN climate talks ended Saturday with a deal that for the first time targeted fossil fuels

Crude oil prices slide amid fears of supply boost, weakening demand

Brent crude futures fell 58 cents, or 0.7%, to $81.59 a barrel, as of 0151 GMT. U.S. West Texas Intermediate (WTI) crude lost 58 cents, or 0.7%, to $80.21 a barrel

Oil steady amid rosier outlook for global economy, strong fuel demand

Brent crude was down 2 cents at $83.41 a barrel by 0735 GMT, after gaining 0.8% on Monday

Oil falls to near 4-week low after big build in US inventories

Biden blames higher oil and gas prices on OPEC; EIA shows bigger than expected jump in crude inventories

UBS increases its Brent forecast to $90 a barrel in December-March

Investors with a high risk tolerance can still add exposure to longer-dated Brent oil contracts

Brent rises to $85 as energy crisis stokes demand before winter

Brent is set for a sixth straight weekly gain in the wake of robust demand and limited supply

Brent crude trades near $85-mark; experts expect further rise

"Oil prices are likely to continue climbing in the short term," said Commerzbank analyst Carsten Fritsch

Earnings of cement, FMCG, aviation cos at risk as oil, coal prices rise

In a recent report, analysts at Goldman Sachs suggested they see Brent crude oil prices at $90 per barrel by December 2021 on the back of a larger-than-expected demand-supply deficit

Sharp rise in natural gas prices, power outages worsen inflation worries

Brent crude up nearly 20% in the past month and hit a 3-yr high on Tuesday

Flaring crude oil price, entry of new players to hit IndiGo: Analysts

In the last one week alone, Brent crude oil prices have surged over 6 per cent to around $79 per barrel mark

Oil market anchors around $70/b, but volatility to return

Even with Covid concerns creating recent jitters in big consumers like China and US, the impact appears to be diminishing as the global economy recovers

OPEC+ seen sticking to existing policy despite higher oil demand

OPEC and its allies will likely stick to their existing policy of gradual oil output increases, four sources said on Wednesday, even though the group revised up its 2022 demand outlook

Oil rises as markets expect continuous fall of inventories

Oil rose on expectation of a continuous decline in US oil inventories, recouping some losses from the previous session due to concern over rising cases of Delta Covid variant.

Oil prices hit by concern over Chinese economy and higher supply

China's factory activity growth slipped sharply in July as demand contracted for the first time in more than a year

Oil prices fall on worries over China economy and higher crude output

Oil prices fell on Monday on worries over China's economy after a survey showed growth in factory activity slipped sharply in the world's second-largest oil consumer

OPEC+ crisis deepens as Saudi Arabia refuses to budge, oil edges up

OPEC and its allies on Friday voted to increase production by about 2 million barrels a day from August to December 2021 extend the remaining output cuts to the end of 2022

Oil set for best half since 2009 as demand recovers ahead of OPEC+ meeting

The recovery in key energy consumers including the U.S. and China has helped underpin a surge in fuel demand and driven prices to the highest level since October 2018.

Brent oil benchmark hits two-year high, WTI highest since 2018

Brent crude futures were up 32 cents, or 0.3%, at $72.42 a barrel at 0911 GMT