Page 32 - Crude Oil Price

India's crude oil production falls 2.15% in October, gas output rises

India's crude oil production fell 2.15% in October as state-owned firms produced less but, natural gas output rose by a quarter on the back of output from KG-D6 fields of Reliance-BP

Top headlines: PMC Bank depositors kept waiting, US set to release oil

Cabinet secy-led panel to take call on more allocation to PLI pharma; After farm Acts' repeal, govt may table seeds Bill in Winter Session. More in today's top headlines

Oil prices settle up 1% on reports OPEC+ could reassess output

NEW YORK (Reuters) -Oil prices rose on Monday, rebounding from recent losses, on reports that OPEC+ could adjust plans to raise oil production if large consuming countries release crude from their reserves or if the coronavirus pandemic dampens demand.

US set to release oil from reserve, will partner with India and others

The move, likely in conjunction with India, Japan and South Korea, would be an unprecedented effort by major oil consumers to tame prices.

India working on ways to release of oil reserves after US request

India is working on ways to release crude oil from its strategic storages in tandem with other major economies to dampen prices, a top government official said

Oil prices off 7-week lows but under pressure as release of reserves eyed

Brent lost 26 cents, or 0.3%, to $78.63 a barrel as of 0725 GMT and U.S. West Texas Intermediate (WTI) crude futures were down 12 cents, or 0.2%, at $75.82 a barrel

Oil hits 7 week-low amid expectations on supply release, Europe Covid surge

Crude oil fell to seven-week lows on Monday, extending declines after the previous session's slide

Buy gold on dips in the short term as a hedge against rising prices

Amid a global surge in inflation and rising crude oil prices, markets expect central banks to hike interest rates sooner than expected

Oil dives 3% to below $80/bbl on resurgent pandemic in Europe

NEW YORK (Reuters) - Oil prices fell about 3% to below $80 a barrel on Friday as surging COVID-19 cases in Europe threatened to slow the economic recovery while investors also weighed a potential release of crude reserves by major economies to cool prices.

Oil drops below $80 on amid fresh surge of Covid-19 cases in Europe

Brent crude was down $2.44, or 3%, at $78.80 a barrel by 1110 GMT, its lowest since early October, after earlier rising to as high as $82.24

Oil prices stabilise after swings on prospect of crude stockpiles release

Brent crude was up 28 cents or 0.3% at $81.52 a barrel by 0145 GMT, after falling to a six-week low on Thursday before rebounding to close 1.2% higher.

Oil hovers above six-week low as China readies crude reserve release

Prices fell to the six-week lows early in the session as China said it was moving to tap reserves

Oil near six-week low as China readies crude reserve release

Brent crude was up 21 cents, or 0.3%, at $80.49 a barrel at 1511 GMT

Oil at six-week low as China readies crude oil reserve release

Brent crude was down 83 cents, or 1%, to $79.87 a barrel by 0749 GMT, after earlier dropping to $79.28, the lowest since Oct. 7

Oil prices at 6-week low as China readies for crude oil reserve release

Brent crude was down 41 cents, or 0.5%, to $79.87 a barrel by 0712 GMT, after earlier dropping to $79.60, the lowest since Oct. 7

Oil prices drop on oversupply warnings, rising Covid-19 cases

Brent crude futures dropped 32 cents, or 0.4%, by 1410 GMT to $82.11 a barrel

Oil prices fall on oversupply warnings, rising Covid-19 cases

Brent crude futures dropped 79 cents, or 1%, by 1038 GMT to $81.64 a barrel, erasing Tuesday's 38 cent gain

Oil prices slip amid expectations of rise in supply, demand concerns

Oil prices slipped on Tuesday as a rebound in COVID-19 cases in Europe raised concerns over demand amid expectation that supply will rise

Oil prices slide on expectations of higher supply, weaker demand

Brent crude futures fell 96 cents, or 1.2%, to $81.21 a barrel, as of 1036 GMT. U.S. West Texas Intermediate crude lost 73 cents, or 0.9%, to $80.06 a barrel

Oil on longest weekly run of drops since March amid SPR pressure

President Biden kept investors guessing about whether he'll act to tame oil prices