Friday, Dec 02, 2022 | Last Update : 02:35 AM IST

oil price

Oil prices mixed as virus spike casts shadow over demand

OPEC and allies including Russia have pledged to slash production by a record 9.7 million barrels per day (bpd) for a third month in July

06 Jul 2020 9:15 AM

Oil prices edge higher on surprise US stock drawdown, but demand concerns linger

Prices have risen in the past two weeks as some countries relaxed coronavirus restrictions and lockdowns

14 May 2020 9:09 AM

Oil falls for sixth day as China virus raises global growth, demand concerns

Oil investors are concerned travel advisories, other restrictions and any sizable impact on growth.

28 Jan 2020 11:41 AM

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

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Oil edges up after plunge, as market recovers poise

US oil added 61 cents, or 1 per cent, to USD 60.22 after falling nearly 5 per cent in the previous session.

09 Jan 2020 9:59 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 surges again after Trump threatens Iraq sanctions, Iran retaliation

Brent crude futures soared to a high of USD 70.27 a barrel at 0222 GMT, up USD 1.67, or 2.4 per cent.

06 Jan 2020 10:59 AM

Oil prices soar more than 4 per cent after Iranian general killed

Brent surged 4.4 per cent to USD 69.16 and WTI jumped 4.3 per cent to 63.84.

03 Jan 2020 12:08 PM

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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Oil drops as market awaits ratification of OPEC+ supply cut

The group has been withholding 1.2 million bpd and the increased amount represents about 1.7 per cent of global oil output.

06 Dec 2019 9:56 AM

Oil rises amid optimism over OPEC supply cuts, hopes on US-China trade

OPEC+ on Jan 1 this year cut output by 1.2 million barrels per day (bpd), and in July, renewed the pact until March 2020.

15 Nov 2019 3:41 PM

Oil gains on US crude stocks fall, OPEC comments on slower US shale growth

Brent futures LCOc1 rose 39 cents, or 0.6 per cent, to USD 62.76 per barrel.

14 Nov 2019 12:56 PM

Oil slips as US-China trade deal hopes dwindle

A forecast by the International Energy Agency for slower global oil demand growth post-2025 also weighed on the market.

13 Nov 2019 10:54 AM

Oil unchanged after overnight losses amid caution over trade talks

US crude exports fell nearly 1 million barrels last week to 2.4 million barrels per day.

07 Nov 2019 8:42 AM

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Oil slips on huge US crude build; hopes for US-China trade talks check losses

US crude inventories rose by 4.3 million barrels in the week ended Nov 1 to 440.5 million barrels.

06 Nov 2019 8:53 AM

Oil edges down; eyes on data amid trade deal hopes

Traders may be taking profits on oil ahead of uncertainty around macro-economic data and US oil inventory reports.

04 Nov 2019 9:46 AM

Oil prices edge higher as OPEC hints at deeper output cuts

US West Texas Intermediate (WTI) crude CLc1 had gained 16 cents or 0.3 per cent to USD 52.97 a barrel.

16 Oct 2019 12:13 PM

Oil prices extend losses as weak China data compounds US-China trade deal doubts

Brent crude futures LCOc1 fell 30 cents, or 0.5 per cent, to USD 59.067 barrel.

15 Oct 2019 9:29 AM

Saudi oil prices for Asia expected to jump in November after attack

Saudi Aramco officials as a matter of policy do not comment on the kingdom’s monthly OSPs.

03 Oct 2019 10:54 AM

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