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Page 33 - Crude Oil Price

Oil prices on track for weekly dip as dollar continues to gain

US West Texas Intermediate crude futures fell 61 cents, or 0.8%, to $80.98 a barrel at 0749 GMT, reversing Thursday's 25 cent gain

Oil prices on track for weekly dip as dollar continues to gain
Updated On : 12 Nov 2021 | 3:05 PM IST

Oil price hovers near $83 as strong dollar vies with inflation worry

On Thursday, the dollar rose to almost 16-month highs against the euro and other currencies due to bets on interest rate hikes.

Oil price hovers near $83 as strong dollar vies with inflation worry
Updated On : 12 Nov 2021 | 9:01 AM IST

Won't have airlines to board if fare limits are not increased: Scindia

There won't be any airline in India to board if limits on domestic airfares are not increased as oil prices have jumped from USD 22 each barrel to USD 85 in the last eight months, Scindia said

Won't have airlines to board if fare limits are not increased: Scindia
Updated On : 12 Nov 2021 | 2:34 AM IST

Oil approaches $84 as lifting of US travel ban boosts demand

LONDON (Reuters) -Oil rose towards $84 a barrel on Tuesday, gaining for a third session, as the U.S. lifting of travel restrictions and more signs of a global post-pandemic recovery lifted the demand outlook, while supply remained tight.

Oil approaches $84 as lifting of US travel ban boosts demand
Updated On : 09 Nov 2021 | 3:53 PM IST

Oil gains after US infrastructure bill passes, Chinese exports rise

Brent crude was up by 86 cents or 1% at $83.60 a barrel by 0745 GMT, after dropping nearly 2% last week

Oil gains after US infrastructure bill passes, Chinese exports rise
Updated On : 08 Nov 2021 | 1:59 PM IST

Oil prices gain after OPEC+ producers hold firm on supply

Brent crude rose 53 cents or 0.7% to $81.07 a barrel by around 0805 GMT, after falling nearly 2% on Thursday

Oil prices gain after OPEC+ producers hold firm on supply
Updated On : 05 Nov 2021 | 2:17 PM IST

Oil prices rise ahead of OPEC+ meeting; US stocks rise more than expected

Brent futures and US West Texas Intermediate crude pared losses of more than 1%

Oil prices rise ahead of OPEC+ meeting; US stocks rise more than expected
Updated On : 04 Nov 2021 | 4:43 PM IST

World oil prices drops as data shows big build in United State inventory

Brent crude futures fell 71 cents, or 0.9%, to $84.00 a barrel by 0450 GMT, after dropping to a session-low of $83.27 earlier.

World oil prices drops as data shows big build in United State inventory
Updated On : 03 Nov 2021 | 1:51 PM IST

Saudi Aramco sees third-quarter income rise to $30.4 bn on oil price surge

CEO Amin Nasser describes the company's third-quarter results as "exceptional.

Saudi Aramco sees third-quarter income rise to $30.4 bn on oil price surge
Updated On : 31 Oct 2021 | 12:17 PM IST

Oil prices rebound, edge up ahead of next week's OPEC meeting

Brent and US crude oil benchmarks both declined on the week after reaching multi-year highs on Monday

Oil prices rebound, edge up ahead of next week's OPEC meeting
Updated On : 30 Oct 2021 | 3:51 AM IST

Oil prices hit two-week low on Iran talks resuming, US crude build

Brent crude was $1.06, or 1.2%, lower at $83.52 a barrel by 12:31 p.m ET (1631 GMT), having hit a two-week low of $82.32 earlier in the session and falling 2.1% on Wednesday.

Oil prices hit two-week low on Iran talks resuming, US crude build
Updated On : 29 Oct 2021 | 12:19 AM IST

Oil prices drop more than 1% as US crude stockpiles rise sharply

Brent oil futures ended down $1.82, or 2.1%, to $84.58 a barrel, after closing at a seven-year high on Tuesday

Oil prices drop more than 1% as US crude  stockpiles rise sharply
Updated On : 28 Oct 2021 | 2:41 AM IST

Sensex slips 207pts on late sell-off; Axis Bank sheds 6%, Bajaj Finance 5%

Stock market LIVE: Broader indices also trimmed gains at close; PSU banking shares were in demand, while private banking shares witnessed selling pressure

Sensex slips 207pts on late sell-off; Axis Bank sheds 6%, Bajaj Finance 5%
Updated On : 27 Oct 2021 | 3:59 PM IST

Oil prices fall after increases in crude and fuel stockpiles in the US

Brent oil futures fell 25 cents, or 0.3%, to $86.15 a barrel after closing at the highest in seven years on Tuesday.

Oil prices fall after increases in crude and fuel stockpiles in the US
Updated On : 27 Oct 2021 | 8:02 AM IST

Oil edges up to new multi-year highs on global supply shortage

Brent futures rose 42 cents, or 0.5%, to $86.41 a barrel by 12:14 p.m. EDT (1614 GMT), while U.S. West Texas Intermediate (WTI) crude rose 95 cents, or 1.1%, to $84.71.

Oil edges up to new multi-year highs on global supply shortage
Updated On : 26 Oct 2021 | 10:49 PM IST

Commodity price rise can bump up inflation by 1%, warns Nomura

A 10 per cent increase in crude oil prices, according to Nomura's estimates, may raise India's headline inflation by around 30 basis points (bps), add around 0.3 per cent of GDP to CAD

Commodity price rise can bump up inflation by 1%, warns Nomura
Updated On : 26 Oct 2021 | 12:13 AM IST

Fuel rates hiked for 4th consecutive day; petrol crosses Rs 113 in Mumbai

In Mumbai, petrol and diesel prices per litre stand at Rs 113.12 and Rs 104.00 respectively

Fuel rates hiked for 4th consecutive day; petrol crosses Rs 113 in Mumbai
Updated On : 23 Oct 2021 | 8:59 AM IST

Current account comes under pressure from oil, gold and coal imports

However, current account deficit won't be unmanageable as was the case in 2011-13, say experts

Current account comes under pressure from oil, gold and coal imports
Updated On : 23 Oct 2021 | 1:38 AM IST

Oil rises above $85 a barrel, Brent set for seventh weekly gain

Brent crude futures rose 92 cents, or 1%, to $85.53 a barrel at 1335 GMT, after Thursday's three-year high of $86.10

Oil rises above $85 a barrel, Brent set for seventh weekly gain
Updated On : 22 Oct 2021 | 7:22 PM IST

Oil hits multi-year high above $86 due to tight supply, then pulls back

Brent crude rose as high as $86.10, the highest since October 2018, but by 0815 GMT was down 79 cents, or 0.9%, to $85.03.

Oil hits multi-year high above $86 due to tight supply, then pulls back
Updated On : 21 Oct 2021 | 3:22 PM IST