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Page 3 - Oil Prices Slip

Oil dips as investors eye US crude release, China demand concerns

US sells 18 mln bbls crude from strategic reserves. Crude still set to rise for fourth straight week

Oil dips as investors eye US crude release, China demand concerns
Updated On : 14 Jan 2022 | 12:14 PM IST

Oil struggles to hold gains amid mixed demand view as Omicron cases surge

Oil prices slipped on Thursday, trimming big gains from the previous two sessions, amid uncertainty over near-term demand as cases of Omicron variant surge

Oil struggles to hold gains amid mixed demand view as Omicron cases surge
Updated On : 13 Jan 2022 | 9:37 AM IST

Oil prices fall on demand concerns, Omicron fears and rising Libyan output

Oil prices fell Monday as concerns about demand fears stoked by the rapid global rise in Omicron coronavirus infections overtook concerns about oil supply reduction from Kazakhstan

Oil prices fall on demand concerns, Omicron fears and rising Libyan output
Updated On : 11 Jan 2022 | 7:56 AM IST

Oil drops for second session on concerns over rising Covid-19 cases

Oil lost more ground on Monday as rapidly climbing cases of the Omicron Covid-19 variant hit economic activity

Oil drops for second session on concerns over rising Covid-19 cases
Updated On : 10 Jan 2022 | 7:34 AM IST

Oil prices drop 2% as rapid Omicron spread dims fuel demand outlook

Oil prices slumped by about 2% early on Monday as surging cases of the Omicron coronavirus variant in Europe and the United States

Oil prices drop 2% as rapid Omicron spread dims fuel demand outlook
Updated On : 20 Dec 2021 | 8:03 AM IST

Oil prices dip, heads for flat week amid uncertainty over Omicron

Oil prices dipped on Friday, putting the market on track to end the week roughly unchanged

Oil prices dip, heads for flat week amid uncertainty over Omicron
Updated On : 17 Dec 2021 | 9:02 AM IST

Oil prices fall amid concerns on renewed restrictions over Omicron spread

Oil prices fell on Tuesday due to investor worries about demand after renewed restrictions were imposed in Europe and Asia amid a rise in coronavirus cases

Oil prices fall amid concerns on renewed restrictions over Omicron spread
Updated On : 14 Dec 2021 | 10:26 AM IST

Asian shares extend gains catching global rally while oil prices slip

Asian shares extended gains, continuing a global relief rally as markets found positive news in early reports about the potential impact of the Omicron variant

Asian shares extend gains catching global rally while oil prices slip
Updated On : 08 Dec 2021 | 9:09 AM IST

Oil prices drop as coordinated reserve release eases some supply fears

U.S. West Texas Intermediate (WTI) crude futures fell 12 cents, or 0.2%, to $78.38 a barrel at 0122 GMT, reversing out of a 2.3% gain in the previous day

Oil prices drop as coordinated reserve release eases some supply fears
Updated On : 24 Nov 2021 | 9:48 AM IST

Oil hits 7 week-low amid expectations on supply release, Europe Covid surge

Crude oil fell to seven-week lows on Monday, extending declines after the previous session's slide

Oil hits 7 week-low amid expectations on supply release, Europe Covid surge
Updated On : 22 Nov 2021 | 8:10 AM IST

Oil falls from two-month high as fears from Evergrande crisis loom

Futures in London fell after earlier touching their highest level since July 14

Oil falls from two-month high as fears from Evergrande crisis loom
Updated On : 23 Sep 2021 | 5:17 PM IST

Oil prices fall to $74 on risk-averse mood, US Gulf output

A stronger dollar makes US dollar-priced oil more expensive for holders of other currencies and generally reflects higher risk aversion, which tends to weigh on oil prices

Oil prices fall to $74 on risk-averse mood, US Gulf output
Updated On : 20 Sep 2021 | 7:20 PM IST

Oil prices edge lower as US pushes OPEC to pump more crude

Oil slipped on Tuesday as OPEC and its allies geared up for a meeting on Wednesday amid calls from the United States to pump more crude, though Brent still traded well above $70 a barrel

Oil prices edge lower as US pushes OPEC to pump more crude
Updated On : 31 Aug 2021 | 7:53 PM IST

Oil slips as Hurricane Ida weakens, OPEC+ in focus for output increase

Brent crude was down 26 cents, or 0.4%, at $72.44 by 1340 GMT, having reached $73.69 earlier, the highest since August 2

Oil slips as Hurricane Ida weakens, OPEC+ in focus for output increase
Updated On : 30 Aug 2021 | 7:38 PM IST

Oil slips but set for weekly gain despite forecast for weaker demand

Oil fell on Friday, but was on track to post a slight weekly gain, broadly shrugging off a warning from the International Energy Agency that the spread of coronavirus variants is slowing oil demand

Oil slips but set for weekly gain despite forecast for weaker demand
Updated On : 14 Aug 2021 | 2:15 AM IST

Oil prices slip as IEA warns of slowdown in global demand recovery

Oil prices declined on Thursday after the International Energy Agency said the spread of the Delta variant of the coronavirus would slow the recovery of global oil demand

Oil prices slip as IEA warns of slowdown in global demand recovery
Updated On : 12 Aug 2021 | 7:53 PM IST

Oil heads for biggest weekly loss this year on Delta variant concerns

Oil fell, capping the biggest weekly loss since October, as the spread of the delta coronavirus variant in China and elsewhere in the world is casting doubts on demand growth

Oil heads for biggest weekly loss this year on Delta variant concerns
Updated On : 07 Aug 2021 | 2:15 AM IST

Oil prices fall on US crude stock build, Covid-19 Delta variant spread

Traders noted the oil price drop came despite reports of increased Mideast geopolitical tensions

Oil prices fall on US crude stock build, Covid-19 Delta variant spread
Updated On : 05 Aug 2021 | 2:06 AM IST

Crude oil prices slip, rebound runs out of steam on demand worries

Brent crude oil futures shed 5 cents, or 0.1%, to $72.84 a barrel, as of 0309 GMT. US West Texas Intermediate (WTI) crude was down 8 cents, or 0.1%, at $71.18 a barrel.

Crude oil prices slip, rebound runs out of steam on demand worries
Updated On : 03 Aug 2021 | 11:47 AM IST

Oil slips but set to end week steady on tight supply as demand recovers

For the week, Brent was set to end the week up a marginal 0.2%, having declined in the previous three weeks. U.S. crude was poised to remain steady over the week.

Oil slips but set to end week steady on tight supply as demand recovers
Updated On : 23 Jul 2021 | 4:31 PM IST