Oil prices jump more than 2% on Russian plan to cut outputThe announcement marked a turnaround for bearish sentiment that characterised trade on Thursday and Friday morning against a backdrop of re...
10 Feb, 2023, 03.28 PM IST
Oil rises over $1 on hopes for China's economyChina, the world's top crude oil importer, is experiencing its first of three expected waves of COVID-19 cases after Beijing relaxed mobili...
19 Dec, 2022, 09.11 PM IST
Oil prices slump as stockpiles and rate hikes stoke demand fearsOil futures trading volumes have been thin and prices volatile as traders have to square weaker energy demand with tighter supply resulting...
21 Jul, 2022, 06.15 PM IST
Oil holds near $100 as Ukraine talks, demand concerns limit gains"Fears of a supply disruption have been tempered by tentative signs of progress in ceasefire talks between Russia and Ukraine," said Stephe...
16 Mar, 2022, 06.54 PM IST
Oil surges 6% on Russia nuclear alert as sanctions intensifyOil prices jumped more than $7 in early trade on Monday after Russian President Vladimir Putin put the country's nuclear deterrent on high ...
28 Feb, 2022, 08.34 AM IST
Oil hits $90/bbl for the first time since 2014 on Russia-Ukraine tensionBrent crude rose $1.67, or 1.9 per cent, to $89.87 by 10:40 a.m. EST (1540 GMT), after hitting $90.02, the first time the global benchmark ...
26 Jan, 2022, 09.32 PM IST
Oil hits new high near $75 on demand rise, falling inventoriesThe American Petroleum Institute reported US crude inventories fell 8.5 million barrels, two market sources said, more than analysts foreca...
16 Jun, 2021, 04.07 PM IST
Oil falls on India's COVID surge, supply increase"The market is tending to focus more on the bad news from India and Japan at present, where the number of new coronavirus cases has risen s...
26 Apr, 2021, 10.48 PM IST
Oil steady as European recovery support countered by Indian virus surgeBrent crude dipped 2 cents, or less than 0.1%, to $65.38 a barrel at 1335 GMT, while US West Texas Intermediate (WTI) US crude gained 6 cen...
23 Apr, 2021, 09.54 PM IST
Oil holds near $67, heads for weekly gain on demand hopesBrent crude was down 8 cents, or 0.1%, at $66.86 a barrel at 1340 GMT. It was heading for a weekly gain of 6.2% after rising in the past fo...
16 Apr, 2021, 09.58 PM IST
Oil falls $3 as new virus strain prompts demand worriesBrent crude was down $3.00, or 5.7%, to $49.26 a barrel by 1028 GMT, and U.S. West Texas Intermediate (WTI) crude was down $2.92, or 6%, to...
21 Dec, 2020, 04.48 PM IST
Oil edges up to $42, eyeing Libya and U.S. inventoriesBrent crude was up 23 cents, or 0.6%, to $41.95 at 1035 GMT, reversing an earlier drop. U.S. West Texas Intermediate crude was up 16 cents,...
23 Sep, 2020, 06.21 PM IST
Oil prices inch lower as demand forecasts reduced, supply risesBrent crude fell 19 cents, or 0.4%, to $44.77 by 11:38 a.m. EDT (1538 GMT), but still heading for a rise of 0.9% this week. U.S. West Texas...
14 Aug, 2020, 09.50 PM IST
Oil steadies on resurgence of virus casesBrent crude was up by 1 cent, or 0.02%, at $42.36 a barrel by 1338 GMT, and U.S. oil was up 4 cents, or 0.1%, to $39.66 a barrel.
10 Jul, 2020, 08.58 PM IST
Oil falls below $43 on virus fears, still heads for weekly gainU.S. West Texas Intermediate (WTI) crude fell 58 cents, or 1.4%, to $40.07.
03 Jul, 2020, 09.38 PM IST
Crude oil prices top $42 as Opec+ laggards pledge better complianceUS West Texas Intermediate (WTI) crude climbed $1.32, or 3.4 per cent, to $40.16.
19 Jun, 2020, 09.07 PM IST
Oil rises towards $57 on China-US trade talks, OPEC cutsBrent crude, the global benchmark, rose 84 cents to $56.79 a barrel by 0932 GMT.
04 Jan, 2019, 03.46 PM IST