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Oil Gains

Oil extends gains on robust US demand, China optimism as Covid cases dip

The United States posted a record fall in strategic crude reserves even as commercial stocks rose last week, data from the Energy Information Administration (EIA) showed on Wednesday

Oil extends gains on robust US demand, China optimism as Covid cases dip
Updated On : 09 Jun 2022 | 11:26 AM IST

Oil soars 3% to 7-year highs on Ukraine jitters, tight supplies

Russia has massed enough troops near Ukraine to launch a major invasion, Washington said, as it urged all US citizens to leave the country within 48 hours

Oil soars 3% to 7-year highs on Ukraine jitters, tight supplies
Updated On : 12 Feb 2022 | 3:38 PM IST

Oil gains on growing fuel demand, even as coronavirus cases surge worldwide

Analysts said satellite data showing a strong pick-up in traffic in China, Europe and across the United States pointed to an improvement in fuel demand

Oil gains on growing fuel demand, even as coronavirus cases surge worldwide
Updated On : 26 Jun 2020 | 12:54 PM IST

Oil pares gains after Donald Trump offers few details on US-China trade

Concerns about slower economic growth and oil demand due to the fallout from the 16-month trade dispute between the world's two biggest economies have weighed on crude futures

Oil pares gains after Donald Trump offers few details on US-China trade
Updated On : 13 Nov 2019 | 1:56 AM IST

Firmer oil market comes after week of heavy losses; US crude holds near $60

A weaker dollar helped to boost oil by making dollar-priced crude cheaper for holders of other currencies

Firmer oil market comes after week of heavy losses; US crude holds near $60
Updated On : 12 Feb 2018 | 7:26 PM IST