Page 28 - Crude Oil Price

Brent tests $85: Invest in these stocks to benefit from surging oil prices

Stocks like HOEC, HPCL, ONGC and Pidilite can rally up to 10 per cent in the near term.

Crude oil prices shrug off Omicron variant slump, soar to 2-month highs

Federal Reserve Chairman Jerome Powell said the economy of the United States, the world's biggest oil consumer, should weather the current Covid-19 surge with only 'short-lived' impacts

Oil extends gains, tests pre-Omicron highs on economic growth

U.S. West Texas Intermediate (WTI) crude futures rose 38 cents, or 0.5%, to $81.60 a barrel at 0224 GMT, adding to a 3.8% jump in the previous session

Oil rises towards $82 per barrel as demand recovery seen on track

OPEC supply additions are running below their allowed increase under a pact with allies due to a lack of capacity in some countries

Asian stocks, dollar hunt for direction as investors look to Fed policy

Powell is seeking a second four-year term as head of the Fed, and his appearance before the committee will be followed by a hearing with vice chair nominee Lael Brainard on Thursday

Oil prices swing as easing supply issues wrestle strong demand

Brent crude rose to trade near $82 a barrel after earlier swinging between gains and losses

Oil rallies even as OPEC+ boosts output, US fuel demand dips

Brent crude futures ended up 80 cents, or 1%, to $80.80 a barrel. U.S. West Texas Intermediate (WTI) crude futures closed up 86 cents, or 1.1%, to $77.85.

Oil prices steady ahead of OPEC+ meeting to decide output policy

Brent crude futures gained 1 cent to $78.99 a barrel at 0239 GMT, while U.S. West Texas Intermediate (WTI) crude futures slipped 2 cents to $76.06 a barrel.

OPEC+ report sees short-lived, mild impact from Omicron variant

The report kept forecasts for the growth in oil demand in 2021 and 2022 unchanged at 5.7 million bpd and 4.2 million bpd respectively

Global stocks retreat from gains as investors reassess Covid look-ahead

MSCI's gauge of stocks across the globe shed 0.15%, while the pan-European STOXX 600 index rose 0.15%.

Omicron variant yet to curb driving across most of Asia in boon for oil

More cars have thronged the main roads in December amid year-end festivities than seen last month

Global equities waver, oil up as investors weigh Omicron impact

WASHINGTON (Reuters) - Major global stock indexes closed mixed on Wednesday as uncertainty over the surge in Omicron variant infections tempered optimism that harsh new curbs on business and travel may not be needed.

Oil edges higher as industry data shows decline in US crude inventories

Oil prices edged higher on Wednesday after rallying overnight as industry data showed a decline in US inventories

Oil firms, near highest level since late November on risk appetite

The benchmark Brent crude rose 23 cents, or 0.3%, at $79.17 a barrel by 0101 GMT. U.S. West Texas Intermediate (WTI) crude added 21 cents, or 0.3%, at $76.19 a barrel

Oil prices extend gains as worries over fuel demand recede

Brent crude rose 14 cents, or 0.1%, to $78.74 a barrel, by 0437 GMT. U.S. West Texas Intermediate (WTI) crude rose 25 cents, or 0.3%, to $75.81 a barrel, gaining for a fifth straight session.

Oil prices rise to highest level in a month as Omicron concern eases

US airlines cancel more than 1,000 flights on Sunday; British minister says no new Covid curbs for England in 2021

Oil rises with investors weighing demand risk from Omicron variant

Crude's rally from the depths of the pandemic has run into considerable headwinds with Omicron's spread

Venezuela surpasses 1 million barrels of crude produced per day

State-owned oil company Petroleos de Venezuela exceeded one million barrels of crude produced per day at the end of 2021, double what it recorded a year ago, the country's Oil Minister announced

US stocks end at record high, oil prices rise as Omicron fears abate

Stocks rose broadly on the last trading day of the week ahead of a long Christmas weekend in the United States, after data showing consumer spending rose 0.6% last month

Oil prices steady as Omicron caution lingers amid renewed curbs

NEW DELHI (Reuters) -Oil prices were steady on Wednesday, with market players on the lookout for fuel demand pointers amid COVID-19 concerns after Singapore suspended quarantine-free travel and Australia renewed its vaccination push due to a surge in Omicron variant cases.