Page 16 - Brent Crude

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

Crude oil prices slip on patchy coronavirus vaccine rollout concerns

Brent crude was down 29 cents, or 0.4%, at $71.02 a barrel by 0057 GMT, after falling 4 cents

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

This time is different: Outside OPEC, oil firms aren't raising production

Oil industry is on the ropes, constrained by Wall Street investors demanding that companies focus on returning more money to shareholders.

Oil prices little changed as Iran concerns offset rosy demand outlook

Brent crude futures for July fell 9 cents, 0.1%, to $69.37 a barrel, while US West Texas Intermediate crude for July was at $66.90 a barrel, up 5 cents, or 0.1%

Oil stocks are the best cyclical, economy reopening bet: Chris Wood

Global markets, according to a note by Goldman Sachs, are currently underestimating the demand for oil

Brent nudges towards $70 a bbl on rosy US data, oil demand outlook

US inflation data will be released later in the day on Friday

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

Here's why Bhavik Patel of Tradebulls thinks Brent crude may hit $80 soon

Crude oil prices are above their daily 5, 8, 13, and 21 day moving average envelope, which is in bullish sequential order

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

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%

India's crude imports stall in April as coronavirus stifles demand

Crude oil imports in April were at 18.26 million tonnes, although on a yearly basis they rose about 10.3%, data on the website of the Petroleum Planning and Analysis Cell (PPAC) showed on Thursday

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

Oil prices fall on rising Covid-19 infections in Asia, inflation fears

Oil prices fell for a second day on Wednesday on renewed demand concerns as coronavirus cases in Asia rise and on fears of rising inflation might lead the U.S. Federal Reserve to raise interest rates

Gold scales a near four-month high; Brent crude tops $70 a barrel

Gold in Delhi rose by Rs 333 to Rs 47,833 per 10 gram in line with a rally in the global precious metal, according to HDFC Securities

Oil extends gains as US, European reopenings outweigh fear of Asia demand

Brent crude oil futures were up 20 cents, or 0.3 per cent, at $69.66 a barrel by 0231 GMT, while West Texas Intermediate (WTI) was up 19 cents, or 0.3 per cent, at $66.46 a barrel

Oil edges lower as Covid-19 restrictions in Asia fuel demand concerns

Brent crude oil futures were down 8 cents, or 0.1%, at $68.63 a barrel as of 0036 GMT, and West Texas Intermediate (WTI) crude was down 7 cents, or 0.1%, at $65.30

Oil prices drop 3% on India's Covid-19 crisis; US pipeline restart

Oil prices fell about 3 per cent on Thursday as India's coronavirus crisis deepened and a key US fuel pipeline resumed operations, halting a rally that had lifted crude to an eight-week high