Page 5 - Oil Prcies

Stocks dip amid inflation woes, oil drops on concerns of oversupply, demand

The prospects of speedier interest rate hikes from the Federal Reserve and ongoing supply chain disruptions weighed on Wall Street, while oil dropped on concerns of oversupply and dwindling

Oil prices drop on oversupply warnings, rising Covid-19 cases

Brent crude futures dropped 32 cents, or 0.4%, by 1410 GMT to $82.11 a barrel

Oil prices slide on expectations of higher supply, weaker demand

The fall came after UN climate talks ended Saturday with a deal that for the first time targeted fossil fuels

Oil on longest weekly run of drops since March amid SPR pressure

President Biden kept investors guessing about whether he'll act to tame oil prices

Oil rises in US as crude stock falls unexpectedly after travel ban lift

Brent crude futures climbed 32 cents, or 0.4%, to $85.10 a barrel by 0416 GMT, after rising 1.6% on Tuesday.

Oil edges up on rising demand forecasts, ahead of US price outlook

The rally came ahead of the U.S. Energy Information Administration's (EIA) release of oil and gasoline price predictions

Oil rises on expectation high natural gas to drive switch for heating

Brent crude futures gained 28 cents, or 0.3%, to $83.46 a barrel at 0107 GMT after falling 0.3% on Wednesday.

Oil gains amid supply restraint, rising energy demand; WTI tops $80

Oil prices rose on Monday, extending multiweek gains as economies try to recover from the coronavirus pandemic

Oil prices rebound from 7-day losing streak as investors snap up bargains

Brent crude futures climbed 60 cents, or 0.9%, to $65.78 a barrel by 0158 GMT, after hitting the lowest level since May 21 of $64.60 earlier in the session

Oil dips but hovers near three-year highs on recovery signs

Doubts about the future of the 2015 Iran nuclear deal that could end U.S. sanctions on Iranian crude exports also helped prices.

Oil nears $70 as data shows bigger-than-expected drop in US crude stocks

Brent crude futures were up 49 cents, or 0.7 per cent, at $69.37 barrel after touching a more than seven-week high of $69.78 earlier in the session

Oil settles near $70 a barrel on hopes of recovering demand in second half

Benchmark Brent settled down 41 cents, or 0.6%, to $69.22 a barrel. U.S. West Texas Intermediate crude also ended down 41 cents to $65.61 a barrel.

Crude oil's fate could be in hands of commodity supercycle

OPEC+ will have an important say in how the oil supercycle plays out. Oil prices are now at a level that could bring at least the smaller US operators back and even start to tempt renewed longer-cycle

Here's what triggered Sensex's 1,145-point crash on Monday

Index heavyweights, Reliance Industries, HDFC, TCS, ITC and ICICI Bank were among the top Sensex drags

Stocks, oil rise in Asia after US records as Bitcoin pauses for breath

Oil also hit 13-month highs, helped by rising optimism about a return in fuel demand

Bulls lift indices to new closing peak; Sensex up 458 pts; pharma stks gain

The Nifty Pharma index edged up 3 per cent, followed by gains in the Nifty PSB index (up 2.3 per cent), and the Nifty Pruvate Bank index (up 2 per cent)

OPEC+ presses for compliance with oil cuts amid fears of demand recovery

The group, known as OPEC+, met on Wednesday to review compliance and left oil cuts levels unchanged

ICICI Bank confirms exposure to Singapore-based oil trader Hin Leong

The Bank did not elaborate the extent of its exposure and the steps it is taking to protect its interest

US-Iran war could lead to rise in crude prices, threaten Gulf oil exports

If the US killing of Iranian general Qasem Soleimani on Friday leads to conflict between Washington and Tehran, oil facilities could be targeted in Gulf states

Oil prices fall 2% as US-China trade war concerns hit demand outlook

Trade war worries hit global equities again on Monday, while stoking a rally in safe-haven assets including the Japanese yen, core government bonds and gold