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Brent Oil

Crude oil can hit $100 a barrel if production cuts continue: Analysts

Others, too, believe that $100 a barrel could become a reality

Crude oil can hit $100 a barrel if production cuts continue: Analysts
Updated On : 01 Mar 2024 | 1:47 PM IST

Brent oil falls on fears of global economic slowdown, rate hike fears

Oil on Monday rose by more than 1% on optimism over Chinese demand, which analysts expect to rebound this year after COVID-19 curbs that had limited use were scrapped

Brent oil falls on fears of global economic slowdown, rate hike fears
Updated On : 21 Feb 2023 | 3:56 PM IST

Crude oil prices can rise up to $110 a barrel in 2023, say analysts

Brent crude oil prices have slipped nearly 15 per cent in the last few weeks, from a peak of around $98 a barrel to a little over $83 a barrel now despite OPEC+ cutting supply

Crude oil prices can rise up to $110 a barrel in 2023, say analysts
Updated On : 29 Nov 2022 | 10:48 PM IST

Brent oil climbs above $100 a barrel amid talk about OPEC output cuts

Brent for October settlement reached a three-week high, trading up $1.30, or 1.3%, at $101.52 a barrel by 0850 GMT. U.S. crude was up $1.18, or 1.3%, at $94.92 a barrel.

Brent oil climbs above $100 a barrel amid talk about OPEC output cuts
Updated On : 24 Aug 2022 | 4:05 PM IST

Oil up 3% on account of robust US crude stocks data, tight supply outlook

Prices rose more than 1% during the previous session, although Brent at one point fell to its lowest since February, as signs of a slowdown mounted in some places

Oil up 3% on account of robust US crude stocks data, tight supply outlook
Updated On : 18 Aug 2022 | 10:32 PM IST

Oil slips to six-month low as fears over global recession weigh

Oil fell on Wednesday to a 6 month low after a brief respite as concerns about the prospect of recession that would weaken demand overshadowed a report showing lower US crude & gasoline stocks

Oil slips to six-month low as fears over global recession weigh
Updated On : 17 Aug 2022 | 4:52 PM IST
Updated On : 07 Jul 2022 | 3:21 PM IST

Sensex falls 664pts from day's high, ends 49pts down; RIL up 2%, autos dip

CLOSING BELL: The Nifty IT index was the only gainer, up 0.45 per cent

Sensex falls 664pts from day's high, ends 49pts down; RIL up 2%, autos dip
Updated On : 03 Jun 2022 | 3:42 PM IST

Oil rises to 7-week high on EU's Russian oil ban effort, demand hopes

The easing of China's COVID-19 lockdowns also supported prices, as investors grew more optimistic about demand from the world's second-largest economy.

Oil rises to 7-week high on EU's Russian oil ban effort, demand hopes
Updated On : 17 May 2022 | 10:07 PM IST

Analysts caution against betting on crude-dependent chemical stocks

The Russia-Ukraine crisis has sprung up worries for the sector yet again as analysts say margins of chemical companies will be impacted due to the rise in prices of crude oil

Analysts caution against betting on crude-dependent chemical stocks
Updated On : 09 Mar 2022 | 9:41 PM IST

Credit Suisse downgrades India to underweight on soaring crude oil prices

Brent crude of $120 a barrel, Credit Suisse estimates, could add $60 billion to India's import bill. Price rises for gas, coal, edible oils and fertilisers could add another $35 billion.

Credit Suisse downgrades India to underweight on soaring crude oil prices
Updated On : 08 Mar 2022 | 12:14 PM IST

Russia-Ukraine crisis: India economy to be among worst hit in Asia - Nomura

A sustained rise in oil, food prices would have adverse impacts on Asia's economies. India, Thailand and the Philippines are the biggest losers, while Indonesia would be a relative gainer, Nomura said

Russia-Ukraine crisis: India economy to be among worst hit in Asia - Nomura
Updated On : 26 Feb 2022 | 1:08 AM IST

Oil prices can hit $125 a barrel if Russia-Ukraine crisis worsens: Analysts

Though analysts believe diplomatic efforts will continue leading to a stabilisation and an eventual easing of these tensions, it may take several months for this to happen

Oil prices can hit $125 a barrel if Russia-Ukraine crisis worsens: Analysts
Updated On : 28 Jan 2022 | 12:51 AM IST

Oil extends rally on supply tightness, Brent at more than 3-year high

Oil prices rose on Monday, with Brent crude futures at their highest in more than three years, as investors bet supply will remain tight amid restrained output

Oil extends rally on supply tightness, Brent at more than 3-year high
Updated On : 17 Jan 2022 | 8:43 AM IST

Brent slumps under $80 as investors wary of new variant, Q1 surplus

Oil fell in tandem with other financial markets on fears that the new variant could slow economic growth and restrict movement again

Brent slumps under $80 as investors wary of new variant, Q1 surplus
Updated On : 26 Nov 2021 | 1:49 PM IST

Oil cools off highs as leaders' comments reignite Covid-19 fears

Brent still trading near three-year high; WTI set for ninth weekly gain

Oil cools off highs as leaders' comments reignite Covid-19 fears
Updated On : 23 Oct 2021 | 1:41 AM IST

Oil prices pull back as US factory data intensifies demand concerns

Brent crude oil futures settled down 53 cents or 0.6% at $84.33 a barrel after hitting $86.04, their highest since October 2018

Oil prices pull back as US factory data intensifies demand concerns
Updated On : 19 Oct 2021 | 3:21 AM IST

Top headlines: PM launches 7 defence PSUs; Brent oil surges to $85/barrel

Business Standard brings you the top stories from today

Top headlines: PM launches 7 defence PSUs; Brent oil surges to $85/barrel
Updated On : 15 Oct 2021 | 7:40 PM IST

Global energy crunch: Oil prices soar above $80 for first time in 3 years

Natural gas and coal prices rally to record peaks as traders brace for winter crunch

Global energy crunch: Oil prices soar above $80 for first time in 3 years
Updated On : 29 Sep 2021 | 1:42 AM IST

Brent oil benchmark hits 2-year high, WTI crude highest since 2018

Brent crude futures were up 44 cents, or 0.6%, at $72.66 a barrel at 1338 GMT, having earlier touched $72.83, the highest since May 20, 2019.

Brent oil benchmark hits 2-year high, WTI crude highest since 2018
Updated On : 09 Jun 2021 | 8:00 PM IST