Page 31 - Crude Oil Price
Oil prices rebound on speculation OPEC+ may pause output increase
Prices jumped over 4%, recovering some ground after plunging more than 10% in the previous trading session
 "Oil prices rebound on speculation OPEC+ may pause output increase")
Omicron threatens oil demand recovery, already hit by Europe's rising cases
Governments worldwide imposed travel curbs on travellers from southern Africa during the weekend to limit the spread of Omicron, first detected in South Africa
 "Omicron threatens oil demand recovery, already hit by Europe's rising cases")
India fuel prices will fall if 'international rates' sustain: Report
Global benchmark Brent crude oil prices remained largely range bound at around USD 80 to 82 per barrel, levels during November (till November 25)
 "India fuel prices will fall if 'international rates' sustain: Report")
Oil settles down $10 per barrel in largest daily drop since April 2020
Oil fell with global equities markets on fears the variant, could dampen economic growth and fuel demand
Joe Biden sets out oil, gas leasing reform; stops short of ban
The long-awaited report by the Interior Department stops short of recommending an end to oil and gas leasing on public lands
 "Joe Biden sets out oil, gas leasing reform; stops short of ban")
Oil producers cannot hold consumers to ransom, says Hardeep Singh Puri
Puri blamed the key producers for keeping supplies lower than demand
 "Oil producers cannot hold consumers to ransom, says Hardeep Singh Puri")
Oil prices dip, focus on OPEC+ response to US-led oil release
Brent crude futures had slipped 8 cents, or 0.1%, to $82.17 a barrel by 1:02 p.m. ET (1802 GMT)
China non-committal about release of oil from its reserves on US request
US President Joe Biden's administration announced plans to release millions of barrels of oil from strategic reserves in coordination with other large consuming nations
 "China non-committal about release of oil from its reserves on US request")
US to sell 32 million barrels of mostly sour crude from 4 SPR sites
The sale of SPR oil, which is mainly blended sour crude, is expected to depress the value of U.S. sour crude Mars and benefit buyers in Asia which processes mainly high-sulphur oil
Oil prices slip awaiting OPEC+ response to US-led crude release
Oil prices ticked lower on Thursday with investors waiting to see how major producers respond to the emergency crude release by major consuming countries designed to cool the market
Brazil's Petrobras ups investment plan to $68 bn, lowers output forecast
By 2026, Petrobras said it sees oil production of 2.6 million barrels per day.
 "Brazil's Petrobras ups investment plan to $68 bn, lowers output forecast")
Biden White House wades into oil market management with stockpile release
Release marks the first coordinated release with consuming nations outside the auspices of the West's energy watchdog, the International Energy Agency.
China so far non-committal to Washington's oil release, OPEC+ unmoved
US plans to release millions of barrels of oil from strategic reserves in coordination with other large consuming nations, including China, Japan and India.
 "China so far non-committal to Washington's oil release, OPEC+ unmoved")
Will oil prices cool off after tapping Strategic Petroleum Reserves?
The US will release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and Britain to control oil prices. But will this be enough? Let's find out
 "Will oil prices cool off after tapping Strategic Petroleum Reserves?")
Oil mixed, investors sceptical about effectiveness of joint reserve release
TOKYO (Reuters) -Oil prices largely held gains Wednesday, with investors sceptical about the effectiveness of a U.S.-led coordinated release of stocks from strategic reserves and turning their focus to the next step by oil producers.
Beijing 'has upper hand' as US asks to release oil reserves: China Daily
China's state reserve bureau later said it is working on a release of crude oil reserves but declined to comment on the U.S. request.
Oil prices drop as coordinated reserve release eases some supply fears
U.S. West Texas Intermediate (WTI) crude futures fell 12 cents, or 0.2%, to $78.38 a barrel at 0122 GMT, reversing out of a 2.3% gain in the previous day
Wall Street shares mixed as traders position for rate hikes, oil jumps
European shares slumped to a three-week low during their biggest daily loss in nearly two months as a resurgence in COVID-19 cases raised fears of tighter restrictions.
 "Wall Street shares mixed as traders position for rate hikes, oil jumps")
US marshals other nations, challenges OPEC+ with release of oil reserves
WASHINGTON (Reuters) - The administration of U.S. President Joe Biden announced on Tuesday it will release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and Britain, to try to cool prices after OPEC+ producers repeatedly ignored calls for more crude.
Goldman Sachs says global oil reserves release 'a drop in the ocean'
Global oil prices rebounded to a one-week high on Tuesday after the move by the United States and other consumer nations to release oil from strategic petroleum reserves
