Monday, Aug 03, 2020 | Last Update : 09:18 PM IST

132nd Day Of Lockdown

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OPEC

Oil prices slip after OPEC, allies agree to loosen supply curbs

OPEC+ agreed on Wednesday to scale back oil production cuts from August as the global economy slowly recovers from the coronavirus pandemic

16 Jul 2020 8:53 AM

Oil prices drop on demand recovery fears, OPEC+ easing expectations

The market will be watching next move from OPEC+ whose Joint Monitoring Committee will meet on Wednesday to recommend next level of cuts

14 Jul 2020 11:34 AM

Oil prices cautiously rise on output cut support

The market is still being supported by a bigger-than-expected drawdown in US crude stockpiles reported last week

07 Jul 2020 9:04 AM

Oil prices inch higher after OPEC+ extends output cuts to end-July

On Saturday OPEC+ agreed to extend the deal by a third month through end-July

08 Jun 2020 9:03 AM

OPEC, Russia extend record oil cuts to end of July

OPEC+ also demanded countries such as Nigeria and Iraq to compensate with extra cuts in July to September

07 Jun 2020 8:44 AM

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Oil hits three-month high over hopes for output cuts

OPEC countries including Russia may extend production cuts of 9.7 million barrels per day, or about 10% of global output into July or August

03 Jun 2020 11:35 AM

Oil prices slip even after OPEC meeting advanced

Saudi Arabia is proposing to extend record cuts from May and June until the end of the year, but has yet to win support from Russia

01 Jun 2020 9:11 AM

Oil mixed as coronavirus risks offset hopes that crude stockpiles will shrink

Prices have been lifted by more signs that oil output is falling among OPEC and other major producers

15 May 2020 9:05 AM

Sensex zooms over 1,400 pts on PM Modi's Rs 20 lakh crore economic booster

ICICI Bank was the top gainer in the Sensex pack, surging around 7 per cent

13 May 2020 11:07 AM

Oil prices jump as US stockpiles grow less than expected

The official start of output cuts agreed between Organization of Petroleum Exporting Countries (OPEC) and other major producers like Russia

01 May 2020 8:38 AM

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Oil jumps after Trump lays out plan for reopening of virus-hit US

Oil markets tracked a rise in Asian stock markets and on Wall Street overnight

17 Apr 2020 9:03 AM

Oil drops to 18-year low as market faces lowest demand

The International Energy Agency said Wednesday that 2020 was likely to be "the worst year in the history" of the sector

16 Apr 2020 9:00 AM

Oil prices rise amid hopes for US deeper output cuts

United States is reducing output as well and other countries are taking estimated cut in production to about 19.5 million barrels per day

14 Apr 2020 11:27 AM

Asian markets dip after OPEC+ deal to cut oil production

Oil benchmarks surged in early Asian trade, with WTI climbing nearly eight percent and Brent up five percent

13 Apr 2020 9:58 AM

OPEC, Russia approve biggest ever oil cut amid coronavirus

In the compromise reached they agreed to a cut of 9.7 million barrels per day from May

13 Apr 2020 8:59 AM

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Reliance, Chevron defend against US criticism of oil business with Venezuela

The White House has yet to enforce secondary sanctions announced in August aimed at non-US companies buying Venezuelan oil.

07 Feb 2020 12:36 PM

Oil jumps to highest in more than a week after Libyan shutdowns

Brent crude LCOc1 futures were up by 74 cents, or 1.1 per cent, to 65.59 by 0331 GMT, having earlier reached USD 66.00 a barrel.

20 Jan 2020 11:11 AM

Oil dips on easing US-Iran tensions, eyes on China trade deal

Brent crude was down 13 cents, or 0.2 per cent, at USD 64.85 per barrel.

13 Jan 2020 11:48 AM

Oil drops more than 1 per cent as investors recalibrate risk in Mideast

Prices were also supported by higher compliance among the OPEC on meeting production quota curbs aimed at reducing supply.

07 Jan 2020 10:04 AM

Oil rises, supported by trade deal, OPEC cuts

West Texas Intermediate was up 20 cents, or 0.3 per cent, at USD 61.31 a barrel.

26 Dec 2019 10:44 AM

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