Page 3 - Oil Price

Oil prices rise on US' economic recovery hopes, weaker dollar

The number of Americans filing new claims for jobless benefits fell last week, while layoffs in August dropped to their lowest level in more than 24 years

Trading strategies for copper and aluminum by Tradebulls Securities

The trend for aluminum has shifted from 'neutral' to 'positive'

Brent oil benchmark hits two-year high, WTI highest since 2018

Brent crude futures were up 32 cents, or 0.3%, at $72.42 a barrel at 0911 GMT

Here's why Bhavik Patel of Tradebulls thinks Brent crude may hit $80 soon

Crude oil prices are above their daily 5, 8, 13, and 21 day moving average envelope, which is in bullish sequential order

India to look to OPEC once oil demand recovers after Covid second wave

India's oil demand growth is set to be just 350,000 barrels per day (b/d) in 2021, according to S&P Global Platts Analytics, given extreme consumption weakness in April and May

Oil prices fall on rising Covid-19 infections in Asia, inflation fears

Brent crude futures fell 85 cents, or 1.2 per cent, to $67.86 a barrel at 1005 GMT. It settled 1.1 per cent lower on Tuesday after briefly climbing above $70 earlier in the session

Platts cuts India's 2021 oil demand by 28%; sees crude topping $70

However, once the lockdowns are lifted, Platts expects the pent-up demand to get released, which in turn will act as a catalyst for economic growth

Crude oil will climb above $70; energy security could reappear on the radar

Crude oil prices could shift higher again once the market shakes off the latest bout of coronavirus jitters

Oil hits skids, drops 7% on worsening outlook for coronavirus in Europe

Oil prices plunged for a fifth day in a row on Thursday, posting their biggest-one day declines since last summer on growing worries about rising Covid cases in Europe and the strengthening US dollar

Bull run continues for 3rd day; Sensex ends 254 pts up; IT, metal stks jump

Among sectoral indices, the Nifty Metal index remained the star performer today, closing 1.8 per cent higher, followed closely by the Nifty IT index (up 1.6 per cent).

Beyond Budget Headlines: Oil sector may come to the govt's rescue this year

Oil prices have been rising because of global demand amid a stringent environment of regulations. So, what is Budget 2021 going to do for the oil sector? Tune in for more

Saudi's surprise output cut to lift Brent to $60 a barrel by mid-year: UBS

UBS expects Brent to trade at $63 per barrel in the second half of 2021

Oil and gas price volatility likely to continue in 2021, say experts

Experts say refiners in Asia may continue to see stressed crack spread

Saudi Aramco half-year profits plunge 50% due to Covid-19 pandemic impact

The company said it will uphold its commitment to pay out dividends of $18.75 billion for the second quarter

Pidilite: Lower oil price the only saving grace, challenging times ahead

Lower input costs, led by soft crude oil prices, lend some hope

Oil prices ease on dim economic outlook despite signs of firmer demand

Brent crude futures for July delivery were trading down 11 cents, or 0.3 per cent, at $34.54 per barrel at 0031 GMT

Covid-19 crisis: Biggest wealth fund faces record $37-bn withdrawal

The unprecedented withdrawal, revealed in Norway's Revised Budget for 2020, is more than four times the previous record set in 2016

Deep Dive with AKB - Oil's great slide: What this means for India

So what has happened lately to cause such a massive drop? How bad is the global outlook? And what does all this mean for India, which is a major importer of petroleum products? Let's take a Deep Dive

Oil jumps as Opec, Russia agree to end price war in a record deal

The meeting between Opec producers and allies was held on Sunday via videoconference in a last effort to establish a deal

Covid-19: Trump to meet oil executives over falling prices, price war

The American Petroleum Institute said it was organising the Friday meeting with Trump, but denied the purpose was to ask for financial help.