Page 4 - Global Oil Prices

TMS, Ep 10: Oil on the boil, superior voting rights, global travel hassle

Will superior voting rights inspire Indian startups to list domestically? What will be the impact of global oil prices on India? How to ease Covid-related travel hassles? All answers here

Oil prices drop after OPEC+ reaffirms supply return as demand wavers

Oil prices fell after OPEC+ agreed to keep its policy of gradually returning supply to the market at a time when coronavirus cases around the world are surging and many US refiners remained offline

Oil on the boil

Domestic production of oil and gas has been lagging

Oil prices hit new high near $75 on demand rise, falling inventories

Brent has risen 44% this year

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 extends gains as US, European reopenings outweigh fear of Asia demand

Brent crude oil futures were up 20 cents, or 0.3 per cent, at $69.66 a barrel by 0231 GMT, while West Texas Intermediate (WTI) was up 19 cents, or 0.3 per cent, at $66.46 a barrel

Oil prices on track for near two-year high on rising demand outlooks

Brent futures rose $1.12, or 1.6 per cent, to $69.67 a barrel by 10:44 am EDT (8.14 pm IST), while US West Texas Intermediate crude rose $1.10, or 1.7 per cent, to $66.38

Oil prices slump as Suez Canal stuck container ship starts to move

Oil slipped around 2% after news from the Suez Canal that salvage crews have managed to move the giant container ship that has been clogging up the vital global trade passage for nearly a week

Oil drops after strong rally, demand hopes, vaccine roollout limit losses

Crude stocks last week fell for a third straight week, dropping 6.6 million barrels to 469 million barrels, their lowest since March

Oil steadies at $55.89 a barrel as Covid-19-induced demand worries persist

Brent crude futures were up 8 cents, or 0.1%, at $55.89 a barrel by 1331 GMT, having hit a session low of $55.31

Saudi Aramco raises January crude oil price for Asia, document shows

Saudi Arabian state oil giant Aramco has raised the January price for its Arab light crude to Asia to $0.30 a barrel over Oman/Dubai crude, up $0.80 from December, a company document showed

Big oil stares at a long winter ahead as global fuel demand stays muted

With U.S. Covid-19 cases hitting a record this week and new lockdowns looming across Europe, the virus and its impact on petroleum demand show no sign of abating

Jet fuel price increased by 16.3% as international oil rates firm up

Simultaneously, petrol and diesel prices were hiked for the 10th day in a row

Don't stay on the sidelines; time to buy stocks as per risk appetite

As regards coronavirus, it is very difficult to give a timeline as when things will recover.

Oil drops to 13-month low on weak Chinese demand amid coronavirus outbreak

Oil has dropped more than 25% from a peak in January with US crude back below $50 a barrel after the spreading virus hit demand in China

Sensex ends 416 pts lower, Nifty below 12,300 as global oil prices shoot up

Brent crude prices surged past the $65 a barrel level as unrest hit key production regions

Global oil mkt well supplied, crude price to remain at $60/bbl: IEA chief

"Oil prices rising to triple digits, as some are people saying, is not something that I believe in," says International Energy Agency's Fatih Birol

2020 may see low oil prices on back of supplies from non-OPEC nations: IATA

Oil prices have a massive affect on Indian airlines, as ATF takes around 40 per cent of the total revenues of an airline

Oil falls on weak Chinese data, forecasts for US crude stocks build

Brent futures fell 45 cents, or 0.7%, to $61.57 a barrel, while US West Texas Intermediate (WTI) crude fell 85 cents, or 1.5%, to $55.81

Oil prices drop as Saudi Arabia says will resume full production in weeks

Attacks on crude-processing facilities at Abqaiq and Khurais resulted in the largest single supply disruption in half a century.