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Page 40 - Crude Oil Price

Opec+ discusses crude output hike in preparation for next meeting

Moscow is considering making a proposal that the group should ease a global supply deficit by increasing output, according to Russian officials familiar with the matter

Opec+ discusses crude output hike in preparation for next meeting
Updated On : 22 Jun 2021 | 11:23 PM IST

Oil gains on OPEC outlook that US output growth will slow

NEW YORK (Reuters) - Oil futures rose on Friday, reversing early losses and set for a fourth week of gains after OPEC sources said the producer group expected limited U.S. oil output growth this year despite rising prices.

Oil gains on OPEC outlook that US output growth will slow
Updated On : 19 Jun 2021 | 2:35 AM IST

Oil prices fall amid dollar strength; demand picture still bullish

Brent crude futures were down 52 cents, or 0.7%, at $72.56 a barrel as of 1100 GMT

Oil prices fall amid dollar strength; demand picture still bullish
Updated On : 18 Jun 2021 | 5:02 PM IST

All you wanted to know about Chris Wood's investing strategies

Investors should stick with the pro-cyclical commodity trade, particularly energy, Wood said

All you wanted to know about Chris Wood's investing strategies
Updated On : 18 Jun 2021 | 9:40 AM IST

Oil falls from multi-year highs on firmer dollar, hike in UK Covid cases

NEW YORK (Reuters) -Crude oil prices fell nearly 2% from their highest level in years on Thursday as the dollar strengthened after the U.S. Federal Reserve signaled it might raise interest rates as soon as 2023.

Oil falls from multi-year highs on firmer dollar, hike in UK Covid cases
Updated On : 18 Jun 2021 | 2:20 AM IST

Brent may test $78 levels: Bhavik Patel of Tradebulls Securities

With most additional supply being gobbled up very quickly, gas prices will likely stay at elevated levels for the foreseeable future

Brent may test $78 levels: Bhavik Patel of Tradebulls Securities
Updated On : 17 Jun 2021 | 8:35 AM IST
Updated On : 16 Jun 2021 | 1:16 AM IST

Oil prices climb as demand outlook improves, supplies tighten

Brent crude was up 51 cents, or 0.7%, at $73.20 a barrel by 0644 GMT

Oil prices climb as demand outlook improves, supplies tighten
Updated On : 14 Jun 2021 | 2:00 PM IST

Oil holds near multi-year highs amid demand recovery ahead of Fed meeting

Oil prices held near multi-year highs on Monday, underpinned by an improved outlook for demand as increased Covid-19 vaccinations help lift travel curbs

Oil holds near multi-year highs amid demand recovery ahead of Fed meeting
Updated On : 14 Jun 2021 | 8:19 AM IST

Oil prices rise to fresh multi-year highs on fuel demand recovery

Brent crude futures edged up 13 cents to $72.65 a barrel to 1145 GMT, a day after closing at their highest since May 2019

Oil prices rise to fresh multi-year highs on fuel demand recovery
Updated On : 11 Jun 2021 | 11:43 PM IST

Oil trims gains, but heads for third weekly rise on demand recovery

Brent crude futures fell 23 cents, or 0.3%, to $72.29 a barrel at 0145 GMT, reversing most of Thursday's climb to its highest close since May 2019

Oil trims gains, but heads for third weekly rise on demand recovery
Updated On : 11 Jun 2021 | 8:45 AM IST

Oil slips as start of US summer driving season fails to lift fuel demand

Brent crude oil futures were down 34 cents, or 0.5%, at $71.88 a barrel by 0108 GMT, while US oil futures declined by 36 cents, or 0.5%, at $69.60 a barrel

Oil slips as start of US summer driving season fails to lift fuel demand
Updated On : 10 Jun 2021 | 7:17 AM IST

Brent oil benchmark hits 2-year high, WTI crude highest since 2018

Brent crude futures were up 44 cents, or 0.6%, at $72.66 a barrel at 1338 GMT, having earlier touched $72.83, the highest since May 20, 2019.

Brent oil benchmark hits 2-year high, WTI crude highest since 2018
Updated On : 09 Jun 2021 | 8:00 PM IST

Oil prices rise for second day on signs of strong fuel demand recovery

Brent crude futures were up 15 cents, or 0.2%, at $72.37 a barrel at 0131 GMT and earlier rose to $72.58, the highest since May 20, 2019. Brent rose 1% on Tuesday

Oil prices rise for second day on signs of strong fuel demand recovery
Updated On : 09 Jun 2021 | 8:15 AM IST

Price of crude oil moving above $70 per barrel a concern: Analysts

Analysts assess current global demand for crude oil at 94 million barrels per day, around 6 mbpd lower than pre-pandemic levels.

Price of crude oil moving above $70 per barrel a concern: Analysts
Updated On : 09 Jun 2021 | 6:10 AM IST

Oil dips on profit-taking after logging two-year high on OPEC+ curbs

NEW YORK (Reuters) - Oil prices pulled back on Monday after touching two-year highs on expectations of improved demand and OPEC producers keeping supply curbs in place.

Oil dips on profit-taking after logging two-year high on OPEC+ curbs
Updated On : 08 Jun 2021 | 2:18 AM IST

A monetary policy of continuity with change

This time, RBI's rate-setting body is not only talking about sustaining growth but also reviving it

A monetary policy of continuity with change
Updated On : 04 Jun 2021 | 9:38 PM IST

Oil steady after sharp rise on improved fuel demand picture

Brent crude futures were up 16 cents, or 0.22%, at $71.51 a barrel by 1244 GMT after touching their highest since September 2019 at $71.99. The international benchmark had gained 1.6% on Wednesday

Oil steady after sharp rise on improved fuel demand picture
Updated On : 04 Jun 2021 | 12:39 AM IST

Oil extends gains on OPEC+ supply discipline and demand prospects

NEW YORK (Reuters) - Oil rose more than 1% on Wednesday, supported by a decision by OPEC and its allies to stick to its plan to gradually restore supply, along with the slow pace of nuclear talks between Iran and the United States.

Oil extends gains on OPEC+ supply discipline and demand prospects
Updated On : 03 Jun 2021 | 1:56 AM IST

Asian Paints, Berger Paints: Can rising crude oil prices dent sentiment?

Shares of Asian Paints and Berger Paints India hit their respective record highs on the BSE in May

Asian Paints, Berger Paints: Can rising crude oil prices dent sentiment?
Updated On : 02 Jun 2021 | 12:04 PM IST