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YUKA OBAYASHI TOKYO
Oil prices ease, US crude stock build fuels demand fearsBrent crude futures fell 22 cents, or 0.3%, to $83.46 a barrel by 0124 GMT. U.S. West Texas Intermediate crude futures were down 30 cents, ...
29 Feb, 2024, 07.32 AM IST
Oil prices rise on large US stockpile draw, hurricane jittersBrent crude futures for October rose 17 cents, or 0.2%, to $85.66 a barrel by 0133 GMT. The October contract expires on Thursday and the mo...
30 Aug, 2023, 07.53 AM IST
Brent slides 2% amid concerns over health of banking sectorBanking stocks slid in Europe with Deutsche Bank and UBS Group hit hard by worries that the worst problems in the sector since the 2008 fin...
24 Mar, 2023, 08.08 PM IST
Brent oil slips as growth fears offset China demand hopesThe market rallied, with Brent briefly turning positive, after better than expected business activity surveys in Europe and the UK pointed ...
21 Feb, 2023, 08.39 PM IST
Oil prices gain around 1% on optimism over China's recoveryThe IEA report followed expectations from the Organization of the Petroleum Exporting Countries (OPEC) that Chinese oil demand would grow b...
18 Jan, 2023, 07.57 PM IST
Oil falls on profit-taking, all eyes on Russia, UkraineOil prices fell on Tuesday as investors took profits from the previous day's rally to seven-year highs and as global stock markets slumped,...
15 Feb, 2022, 07.49 AM IST
Oil prices drop as coordinated reserve release eases some supply fearsOil prices fell on Wednesday as the U.S.-led coordinated release of stocks from strategic reserves eased concerns over tightness in global ...
24 Nov, 2021, 08.39 AM IST
Crude oil dips as Covid restrictions in Asia fuel demand concernsThe two contracts jumped nearly 2.5% on Friday and managed to book a small gain last week, marking a third consecutive weekly increase.
17 May, 2021, 08.02 AM IST
Ever Given held in Suez Canal as talks continue over $916 mn claimThe Ever Given container ship, owned by Shoei Kisen, has been in a lake separating two sections of the canal since it was dislodged on Marc...
14 Apr, 2021, 09.30 AM IST
Oil eases on demand concerns after jump in U.S. stockpilesBrent crude futures slipped 18 cents, or 0.4 per cent, to $48.66 a barrel by 0450 GMT, having gained 5 cents the previous day.
09 Dec, 2020, 10.44 AM IST