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Page 52 - Crude Oil Price

Oil gains 1% on economic hope; coronavirus fears check price gains

Brent crude settled at $42.43 a barrel, up 51 cents, or 1.22%

Oil gains 1% on economic hope; coronavirus fears check price gains
Updated On : 29 Sep 2020 | 8:38 AM IST

Oil market: Muddle of contradictions as traders size up prospects for 2020

As prices stick to a narrow range near $40 a barrel, some of the biggest commodity houses, including Vitol Group, Trafigura Group, and Mercuria Energy Group, have diverging views about what's next

Oil market: Muddle of contradictions as traders size up prospects for 2020
Updated On : 29 Sep 2020 | 1:23 AM IST

Crude steady as rising European Covid-19 cases offset US oil stock draw

Brent futures settled 17 cents, or 0.4%, higher at $41.94 a barrel, while US WTI crude gained 38 cents, or 1.0%, to end at $40.31

Crude steady as rising European Covid-19 cases offset US oil stock draw
Updated On : 25 Sep 2020 | 8:04 AM IST

Oil prices rise over 1% after US crude, fuel stockpiles draw down

Brent crude rose 53 cents, or 1.3%, to $42.25 a barrel by 10:54 a.m. EDT (1454 GMT). US West Texas Intermediate crude gained 55 cents, or 1.4%, to $40.35 a barrel

Oil prices rise over 1% after US crude, fuel stockpiles draw down
Updated On : 23 Sep 2020 | 9:32 PM IST

Barclays raises oil price outlook, expects limited downside to demand view

The bank raised its 2020 Brent and U.S. West Texas Intermediate (WTI) price forecasts by $2 to $43 per barrel and $39, respectively

Barclays raises oil price outlook, expects limited downside to demand view
Updated On : 21 Sep 2020 | 2:41 PM IST

Oil steady as demand worries revive, crews return to US Gulf rigs

rent crude futures gained 5 cents, or 0.1%, to $42.27 a barrel, after climbing 4.2% on Wednesday

Oil steady as demand worries revive, crews return to US Gulf rigs
Updated On : 17 Sep 2020 | 9:15 AM IST

BP says era of oil-demand growth over, may not return to pre-Covid levels

The UK giant is describing a different future, where oil's supremacy is challenged, and ultimately fades

BP says era of oil-demand growth over, may not return to pre-Covid levels
Updated On : 15 Sep 2020 | 1:50 AM IST

Oil prices decline on high inventories, weak US stock markets

The three main US stock indexes were headed for a second-straight weekly decline as recent economic indicators suggest a long and difficult recovery from the pandemic

Oil prices decline on high inventories, weak US stock markets
Updated On : 12 Sep 2020 | 12:30 AM IST

Oil prices fall as growing US stockpiles signal bumpy demand recovery

US West Texas Intermediate (WTI) crude futures fell 24 cents, or 0.63%, to $37.81 a barrel at 0417 GMT, after climbing 3.5% on Wednesday

Oil prices fall as growing US stockpiles signal bumpy demand recovery
Updated On : 10 Sep 2020 | 10:55 AM IST

Oil-related stocks in focus as crude oil prices tumble; ONGC declines 4%

Oil futures fell sharply on Tuesday, with Brent tumbling below $40 a barrel for the first time since June.

Oil-related stocks in focus as crude oil prices tumble; ONGC declines 4%
Updated On : 09 Sep 2020 | 10:11 AM IST

Global Markets: Tech rout roils Asian shares, oil futures extend slump

MSCI's broadest index of Asia-Pacific shares outside Japan slid 1.12%. Australian stocks dropped 2.24%, while shares in China fell 1.16%

Global Markets: Tech rout roils Asian shares, oil futures extend slump
Updated On : 09 Sep 2020 | 9:07 AM IST

Brent crude tumbles below $40 in wake of faltering demand outlook

A stall in Asia's recovery, the end of the US summer driving season and increased supply from the OPEC+ alliance signal a bleak short-term outlook for oil prices

Brent crude tumbles below $40 in wake of faltering demand outlook
Updated On : 08 Sep 2020 | 10:31 PM IST

Oil prices fall as fuel demand concerns grow after end of US driving season

US West Texas Intermediate crude futures fell 76 cents, or 1.9%, to $39.01 per barrel at 0433 GMT, playing catch-up with a drop in Brent prices overnight

Oil prices fall as fuel demand concerns grow after end of US driving season
Updated On : 08 Sep 2020 | 11:46 AM IST

Oil price falls after Saudi cuts rates amid demand uncertainty

West Texas Intermediate US crude skidded 59 cents, or 1.5 per cent, to $39.18 per barrel after hitting $38.55, its lowest since July 10

Oil price falls after Saudi cuts rates amid demand uncertainty
Updated On : 07 Sep 2020 | 10:22 PM IST

Oil drops more than $1 after Saudi price cuts, demand optimism fades

Brent crude was at $41.75 a barrel, down 91 cents or 2.1% by 0000 GMT, after it earlier slid to $41.51, its lowest since July 30

Oil drops more than $1 after Saudi price cuts, demand optimism fades
Updated On : 07 Sep 2020 | 8:14 AM IST

Oil falls 1% on lacklustre demand, set for biggest weekly drop since June

Brent crude fell 44 cents to $43.63 a barrel by 0325 GMT, while U.S. West Texas Intermediate was at $40.94 a barrel, down 43 cents and set for its first weekly drop in five weeks.

Oil falls 1% on lacklustre demand, set for biggest weekly drop since June
Updated On : 04 Sep 2020 | 10:09 AM IST

Oil rises after US inventories draw, optimism of economic recovery

Brent crude futures were up 33 cents at $45.91 a barrel as of 0034 GMT, extending gains into a third day

Oil rises after US inventories draw, optimism of economic recovery
Updated On : 02 Sep 2020 | 9:01 AM IST

Oil prices hold pattern as huge Gulf of Mexico storm shuts output

US West Texas Intermediate crude futures fell 4 cents, or 0.1%, to $43.35 a barrel by 0148 GMT, erasing Wednesday's slight rise

Oil prices hold pattern as huge Gulf of Mexico storm shuts output
Updated On : 27 Aug 2020 | 9:38 AM IST

Brent crude oil prices climb on US output cuts, China trade deal hopes

Brent crude oil futures added 10 cents, or 0.2%, to $45.96 a barrel by 0642 GMT

Brent crude oil prices climb on US output cuts, China trade deal hopes
Updated On : 26 Aug 2020 | 1:10 PM IST

Brent rises on US output cuts ahead of biggest storm threat in 15 years

Brent crude oil futures added 8 cents, or 0.2%, to $45.94 a barrel by 0134 GMT

Brent rises on US output cuts ahead of biggest storm threat in 15 years
Updated On : 26 Aug 2020 | 8:41 AM IST