Page 48 - Crude Oil Price

Oil slips as Covid-19 and demand concerns weigh ahead of supply report

American Petroleum Institute said on Tuesday that US crude inventories fell by 5.3 million barrels. Analysts expect them to rise in a Reuters poll ahead of official inventory figures due at 1530 GMT

Oil refiners on the margin amid rising crude prices, muted demand

Indian majors have to balance between rising crude prices, muted demand and heavy central and state levies on retail prices

Petrol hits all-time high of Rs 86.05 in Delhi, touches Rs 92.62 in Mumbai

Petrol prices in Mumbai stood at Rs 92.62 on Tuesday as compared with Rs 92.28 yesterday. One litre of diesel will cost Rs 83.03 in the city. In Chennai, petrol inched up 31 paise to sell at Rs 88.60

Oil prices edge lower amid doubts over US stimulus, rising Covid cases

Brent crude was down 15 cents at $55.73 by 0135 GMT, having risen nearly 1% on Monday. U.S. crude was also lower, dropping 5 cents to $52.72 oil is caught between lingering doubts over any recovery in

Oil prices fall for second session as Covid lockdown concerns cast pall

Brent crude futures for March fell 15 cents, or 0.3%, to $55.26, while U.S. West Texas Intermediate crude for March was at $52.19 a barrel, down 8 cents, or 0.2%

Oil falls on China's Covid-19 cases, fresh restrictions, high crude build

Brent crude futures declined 60 cents, or 1.1 per cent, to US$55.50 a barrel

Oil declines 2% as China coronavirus cases trigger clampdowns

The market is awaiting official oil inventory data from the U.S. Energy Information Administration (EIA) on Friday

Near-term gains in gold, silver limited amid dollar strength: Bhavik Patel

Gold will trade in range until market gets more clarity on the new Joe Biden-administration's policies

Oil above $56 on US stimulus hopes ahead of Joe Biden inauguration

US Treasury Secretary nominee Janet Yellen on Tuesday urged lawmakers to "act big" on pandemic relief spending

Oil rise on hopes of US Covid-19 stimulus and crude stocks drawdown

U.S. West Texas Intermediate (WTI) crude futures climbed 37 cents, or 0.7%, to $53.35 a barrel at 0427 GMT, building on a 1.2% rise on Tuesday

Oil gains on stimulus optimism ahead of Joe Biden's inauguration

NEW YORK (Reuters) - Oil prices climbed with U.S. stock markets on Tuesday ahead of Joe Biden's inauguration as U.S. president on optimism that more government stimulus will eventually lift global economic growth.

Brent oil rises on weaker dollar though IEA cuts demand outlook

Consumption in the first quarter of 2021 will be 600,000 barrels a day lower than previously thought, the agency said as the coronavirus outbreak continues to impede people's movements

Brent crude edges up as optimism over economy trumps demand concerns

Brent crude futures for March rose 17 cents, or 0.3%, to $54.92 a barrel by 0150 GMT after slipping 35 cents in the previous session

Oil prices drops 1% as rising coronavirus cases end supply-led rally

US oil was down by 43 cents, also nearly 1%, at $51.93 a barrel, having declined 2.3% in the previous trading session

Oil prices drop over 2% on China lockdowns, US stimulus concerns

Brent fell $1.32, or 2.3%, to settle at $55.10 a barrel

Oil ends lower, retreating from recent gains as Covid-19 cases rise

NEW YORK (Reuters) - Oil prices fell on Wednesday, pulling back from recent gains, on concerns that rising global COVID-19 will hamper global fuel demand.

Oil set for longest run of gains in two years as stockpiles fall: Report

Futures in New York rose for a seventh session toward $54 a barrel, heading for the longest run of gains since February 2019

Crude oil prices sapped over investors' concern on rising coronavirus cases

US crude oil stockpiles likely fell for a fifth straight week, while refined products inventories were seen up last week

Oil prices fall on renewed coronavirus concerns as China cases climb

Mainland China saw its biggest daily increase in virus infections in more than five months, authorities said on Monday

Oil rises to 11-month high, logs weekly gain on Saudi output cut

Brent crude settled at $55.99 a barrel, climbing $1.61, or 3%, on the day and 8.1% on the week