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Page 30 - Crude Oil Price

Oil prices slip after restrictions to counter Omicron variant

LONDON (Reuters) - Oil prices eased after early gains on Thursday after measures by some governments to slow the spread of the Omicron coronavirus variant, though losses were capped by positive comments from vaccine makers about the efficacy of their jabs.

Oil prices slip after restrictions to counter Omicron variant
Updated On : 09 Dec 2021 | 5:56 PM IST

Oil steadies near $75 as investors assess Omicron's impact

Brent crude futures dropped 19 cents, or 0.25%, to $75.25 a barrel at 0925 GMT, after settling 3.2% higher on Tuesday

Oil steadies near $75 as investors assess Omicron's impact
Updated On : 08 Dec 2021 | 6:32 PM IST

Oil prices ease as investors wait for more on Omicron's potential impact

Brent crude futures dropped 40 cents, or 0.5%, to $75.04 a barrel at 0748 GMT, after settling 3.2% higher on Tuesday

Oil prices ease as investors wait for more on Omicron's potential impact
Updated On : 08 Dec 2021 | 2:19 PM IST

Oil rises 3%, extending rally as concerns over Omicron variant impact eases

Oil prices climbed by more than 3% as concerns eased further about the impact on global fuel demand of the Omicron coronavirus variant.

Oil rises 3%, extending rally as concerns over Omicron variant impact eases
Updated On : 08 Dec 2021 | 7:34 AM IST

Oil prices climb over $1/bbl as Omicron fears ease, Iran delay

SINGAPORE (Reuters) -Oil prices extended gains on Tuesday from a near 5% rebound the day before as concerns about the impact of the Omicron coronavirus variant on global fuel demand eased while Iran nuclear talks stalled, delaying the return of Iranian crude.

Oil prices climb over $1/bbl as Omicron fears ease, Iran delay
Updated On : 07 Dec 2021 | 2:34 PM IST

Oil prices rise over $1 a barrel after Saudi increases rate for its crude

Oil prices rose by more than $1 a barrel on Monday after top exporter Saudi Arabia raised prices for its crude sold to Asia and the United States

Oil prices rise over $1 a barrel after Saudi increases rate for its crude
Updated On : 06 Dec 2021 | 8:37 AM IST

Oil price rises on OPEC+ plan to meet if Omicron hits fuel demand

U.S. West Texas Intermediate (WTI) crude futures rose $1.38, or 2.1%, to $67.88 a barrel, adding to a 1.4% gain on Thursday.

Oil price rises on OPEC+ plan to meet if Omicron hits fuel demand
Updated On : 04 Dec 2021 | 12:57 AM IST

Oil up on OPEC+ plan to meet ahead of schedule if Omicron dents demand

U.S. West Texas Intermediate (WTI) crude futures rose 27 cents, or 0.4%, to $66.77 a barrel at 0122 GMT, adding to a 1.4% gain on Thursday.

Oil up on OPEC+ plan to meet ahead of schedule if Omicron dents demand
Updated On : 03 Dec 2021 | 8:37 AM IST

Oil up on OPEC+ plan to meet ahead of schedule if Omicron dents demand

U.S. West Texas Intermediate (WTI) crude futures rose 27 cents, or 0.4%, to $66.77 a barrel at 0122 GMT, adding to a 1.4% gain on Thursday

Oil up on OPEC+ plan to meet ahead of schedule if Omicron dents demand
Updated On : 03 Dec 2021 | 8:29 AM IST

Iraq's Nov crude exports exceed 98 mn barrels, generate revenue of $7.6 bn

Iraqi Ministry of Oil has said that the country exported 98.19 million barrels of crude oil in November

Iraq's Nov crude exports exceed 98 mn barrels, generate revenue of $7.6 bn
Updated On : 02 Dec 2021 | 8:30 AM IST

Oil rises on views OPEC+ may pause supply addition amid Omicron fears

U.S. West Texas Intermediate (WTI) crude futures gained 48 cents, or 0.7%, to $66.05 a barrel by 0140 GMT, after a 0.9% drop on Wednesday.

Oil rises on views OPEC+ may pause supply addition amid Omicron fears
Updated On : 02 Dec 2021 | 8:20 AM IST

ITC, HUL, Britannia: Good time to buy FMCG stocks? Analysts weigh in

In the FMCG basket, Britannia, Colgate Palmolive, HUL are on the shopping list of A K Prabhakar, head of research at IDBI Capital

ITC, HUL, Britannia: Good time to buy FMCG stocks? Analysts weigh in
Updated On : 02 Dec 2021 | 1:04 AM IST

Oil rises 1% ahead of OPEC meeting under Omicron variant cloud

Brent crude futures gained $1.01, or 1.5%, to $70.24 a barrel, after a 3.9% slump on Tuesday

Oil rises 1% ahead of OPEC meeting under Omicron variant cloud
Updated On : 01 Dec 2021 | 8:12 PM IST

Oil slumps on Omicron fears; posts biggest monthly fall in 20 months

Crude futures ended November with their biggest monthly declines since the outset of the pandemic

Oil slumps on Omicron fears; posts biggest monthly fall in 20 months
Updated On : 01 Dec 2021 | 7:23 AM IST

Stocks, oil slide as Omicron worries push investors to safe havens

Global stock benchmarks and oil prices fell sharply after drugmaker Moderna warned that existing vaccines are unlikely to be as effective against the new coronavirus variant

Stocks, oil slide as Omicron worries push investors to safe havens
Updated On : 01 Dec 2021 | 7:21 AM IST

OPEC+ begins two days of talks amid oil rout, fears for Omicron variant

Oil prices fell to near $70 a barrel on Tuesday from as high as $86 in October.

OPEC+ begins two days of talks amid oil rout, fears for Omicron variant
Updated On : 01 Dec 2021 | 7:17 AM IST

Oil slides, yen gains as Omicron worries push investors to safe havens

NEW YORK (Reuters) - Oil prices slid and global stock benchmarks fell Tuesday after a warning from drugmaker Moderna that existing vaccines are unlikely to be effective against the new coronavirus variant pushed investors into safe havens such as Treasury bonds and the yen.

Oil slides, yen gains as Omicron worries push investors to safe havens
Updated On : 30 Nov 2021 | 8:53 PM IST

Oil pares gains, but ends higher after Friday slump amid new variant fear

Oil pared gains late on Monday, but finished the session higher as investors viewed Friday's slump in oil and financial markets as overdone absent more data on the Omicron coronavirus variant

Oil pares gains, but ends higher after Friday slump amid new variant fear
Updated On : 30 Nov 2021 | 7:42 AM IST

Oil rebounds to $76 on speculation Omicron-related drop overdone

Brent crude was $3.41, or 4.7%, higher at $76.13 by 0920 GMT, after sliding $9.50 on Friday

Oil rebounds to $76 on speculation Omicron-related drop overdone
Updated On : 29 Nov 2021 | 4:34 PM IST

Stocks, oil rebound as calm returns after Omicron variant hit

European shares and U.S. stock futures firmed, oil prices bounced more than $3 a barrel

Stocks, oil rebound as calm returns after Omicron variant hit
Updated On : 29 Nov 2021 | 3:58 PM IST